Putin calls off nationalization of Danone Russia ...News

Russia Today - Economy
Putin calls off nationalization of Danone Russia
source : Russia Today ( News ) () 99
The shares of the French food company’s local business had previously been placed under temporary state control Russian President Vladimir Putin has signed a decree to remove French food giant Danone’s local business from a list of assets placed under temporary state management, according to a document published on the portal of legal acts on Wednesday. The new decree makes changes to a document published in July 2023 according to which the shares of Danone Russia controlled by French parent company Produits Laitiers Frais Est Europe were nationalized. Over 83 million Danone Russia shares were transferred to state

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