Russian authorities seized the remaining businesses and assets of Swiss food giant Nestle and three French groups, the latest move against Western firms in response to sanctions against Moscow.
A decree signed by President Vladimir Putin issued late Thursday transferred the Russian operations of Nestle, French retailer Auchan and the former Leroy Merlin DIY chain, now known as Lemana Pro, to a company called LEV Management. The decree also covers the Russian subsidiaries of French logistics group FM Logistic, France24 reported.
5 responses to “Russia Seizes Assets Of Swiss Food Giant Nestle”
Nestle’ products have bioengineered ingredients in their chocolate. Maybe Russia will bring Nestle back to the original product, though I never liked the waxy taste of Nestle’ anyway. Also, these products have the same bioengineered ingredients, even if there is no chocolate: Cheetos, Hidden Valley Ranch Dressing, Sweet Baby Rays, Oreos, Doritos, Nature Valley bars just to mention a few. Pays to read the labels.
They totally adulterated and ruined NUTELA, when they bought that company. Now it is no better than canned cake frosting.
Russia is simply “returning the favor”, given the way in which the Western powers hace conducted themselves through the seizure and sanction of Russian assets. That’s a two way street, so FAFO. I can’t fault Russia in the least for doing this.
About time, Ivan…
“It is, as you say, sauce for the goose” (Vlad Putin)