Vladimir Putin transferred under temporary management a number of additional assets of the group of Japanese company JTI

According to the document posted on the official portal of legal information, the President of the Russian Federation Vladimir Putin transferred under the temporary management of the company “Industrial assets” three more domestic assets owned by the tobacco corporation JTI.

In addition, the corresponding measure was extended to one hundred percent shares in the authorized capital of two enterprises, which are also owned by the JTI Investments Sarl structure.

The presidential decree came into force immediately on the day of its official publication.

Earlier on Thursday, the head of state transferred other Russian assets of JTI under the temporary management of Industrial Assets, which included all the shares of the corporation in four enterprises.

Japan Tobacco is a major tobacco manufacturer whose history began in 1999. The holding’s portfolio includes world-famous trademarks, and its products are sold in the markets of more than 130 countries.

Read the article on the topic: Tokyo responded to Putin’s decree on the temporary management of Russian assets JTI

Also read: Russian Armed Forces hit JTI Ukraine tobacco factory in Kremenchug

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