Russia moves on more European firms ahead of Zelenskiy's appearance at EU summit
SON•A decree by President Vladimir Putin places local assets of four European companies, including packaging maker Sonoco, under temporary management. The move comes ahead of Ukrainian President Volodymyr Zelenskiy's appearance at an EU summit.
1. Assets placed under management
Russia has moved to place local assets of French flooring maker Tarkett and packaging makers Menshen, Sverige International Holdings and Sonoco under temporary management, a decree by President Vladimir Putin said. The Kremlin said the measure responds to EU nations' role in the war and is “reversible.”
