Euronews· Europe
Putin seizes Russian operations of cigarette giant Japan Tobacco International
The decree transferred JTI’s four factories, around 4,000 employees and roughly 40% of the Russian cigarette market to a state-linked holding company. The latest seizure added to a list that includes Nestlé, Auchan, Leroy Merlin and Metro.
Published Thursday, 5 November 2026 at 16:21
The decree transferred JTI’s four factories, around 4,000 employees and roughly 40% of the Russian cigarette market to a state-linked holding company. The latest seizure added to a list that includes Nestlé, Auchan, Leroy Merlin and Metro.
This is a syndicated summary. Read the full story at the original publisher:
Read on Euronews →