Moscow temporarily nationalizes packaging giant’s assets ...News

Russia Today - Economy
Moscow temporarily nationalizes packaging giant’s assets
source : Russia Today ( News ) () 41
Russian plants owned by Silgan Holdings Austria have been taken under state management   Russia has temporarily nationalized the assets of metal packaging manufacturer Silgan Holdings Austria. According to a decree signed by Russian President Vladimir Putin on Thursday, the Russian assets of the company have been transferred under state supervision. All of the shares in two plants owned by the Austrian arm of the US company – Silgan Metal Packaging Stupino in Moscow Region, and Silgan Metal Packaging NM in Adygea – have been handed over to the Russian Federal Property Management Agency following the presidential

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