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…

1 sources · 1 articles · updated 2026-11-05 16:21 UTC · world

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1. Putin seizes Russian operations of cigarette giant Japan Tobacco International

   Euronews · 2026-11-05 16:21 UTC

   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.

   Summary on nerom.app