✉news WarUkraine first seen 1 d ago, last 8 h ago, peak #4
Russia places German retailer Metro's assets under temporary administration
Original: Russia puts German retailer Metro's assets under temporary administration amid Ukraine tensions
Russia has placed the Russian assets of German retail group Metro under temporary administration, according to a Reuters report, amid ongoing tensions between Moscow and Berlin over the war in Ukraine. The move is the latest step by Russian authorities to seize or manage assets of Western companies, raising concerns among foreign firms still operating in the country.
Why now: Russian authorities took control of the assets of a major Western company, escalating tensions between Moscow and Berlin over the Ukraine war
Evidence
- Russia puts German retailer Metro's assets under temporary administration amid Ukraine tensions · Reuters
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