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Kremlin seizes Nestlé’s assets in Russia as crackdown on private business grows

todaySeptember 18, 2026

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The Kremlin has moved to seize the Russian assets of Nestlé and French retailer Auchan amid a broader nationalization drive in the country that has seen a surge in seizures of private assets.

The Kremlin has moved to seize the Russian assets of Nestlé and French retailer Auchan amid a broader nationalization drive in the country that has seen a surge in seizures of private assets.

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