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Tag: Danone

Putin Seized Russian Subsidiaries Of Carlsberg And Danone And Hands Over Control To Chechen Minister!

Since the start of the Ukraine war, some 1,050 firms have fled Russia immediately, but about 600 remain. By presidential decree, Russia took control of the Russian subsidiaries of Danish brewer Carlsberg and French food company Danone on July 16, 2023. President Vladimir Putin's decree said the Russian state would "temporarily" manage the shares of these Russian subsidiaries.