Medvedev proposed to withdraw foreign assets in response to sanctions
Deputy Chairman of the Russian Security Council Dmitry Medvedev commented on the transfer of Russian assets of Nestle, Auchan and other foreign companies to temporary management. He said Russia could go further and forcefully withdraw them in response to sanctions.
Deputy Chairman of the Russian Security Council Dmitry Medvedev commented on the transfer of Russian assets of Nestle, Auchan and other foreign companies to temporary management. He said Russia could go further and forcefully withdraw them in response to sanctions.
“It is good to go further from temporary management of foreign assets. It would be worth recalling the first acts of Soviet power, on the basis of which foreign factories were forcibly and gratuitously seized into state ownership. And no one ever returned anything to anyone, Medvedev wrote on the Telegram channel.
At the same time, the Deputy Chairman of the Security Council noted that European countries have imposed sanctions against Russian business and continue to support Ukraine. And here you are, their company is a sacred cow. Don’t touch Nestlé, Auchan and anything else that brought us decent income.
On September 17, President Vladimir Putin signed a decree transferring the assets of Nestle, FM Logistic, Auchan and Lemana Pro and 12 other companies to the temporary management. The interim manager was appointed JSC “L.E.V. Management”, established in 2024.
When making such a decision, the factor that the companies belong to unfriendly countries was taken into account, the press secretary of the Russian leader Dmitry Peskov explained. According to him, the company “L.E.V. Management” was chosen because it “best matched the necessary parameters”.
