Economy. "A Hostile Act": Lescure Denounces Russian Takeover of Assets of French Companies
11 Articles
11 Articles
"It is a hostile act against France, against French companies that were not in the sectors that were affected by the sanctions," declared the Minister of Economy on France 2, wishing that these takeovers be "annuled". The Russian authorities placed last week under "temporary administration" the assets in Russia of the Russian subsidiary of Auchan and of the former entity of Leroy Merlin, but also those of the Swiss Nestlé, invoking their belongi…
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The Minister of Economy, Roland Lescure, ransacked this Friday the recent takeover by Moscow of assets of French companies still established in Russia.
The Russian authorities placed last week under "temporary administration" the assets in Russia of the Russian subsidiary of Auchan and the former entity of Leroy Merlin, but also those of Swiss Nestlé, citing their membership of "inamic" countries supporting Ukraine.
Roland Lescure has called the Russian takeover of the assets of French companies still present in Russia a hostile act. The Minister of the Economy... Read the article Moscow puts his hands on Auchan and the former Leroy Merlin, Paris denounces a hostile blow appeared first on Le Singulier.
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