Storyline
On September 17, 2026, Vladimir Putin signed decrees transferring the assets of Auchan and Nestlé to external management. This occurred in the context of the nationalisation of foreign companies' businesses in Russia, particularly through a temporary management mechanism. Assets of Leroy Merlin were also transferred, which had previously been listed among international sponsors of the war in Ukraine.
From the beginning to today
On September 17, 2026, Vladimir Putin signed decrees transferring Russian assets of Auchan and Nestle to external management. The management will be handled by the Russian company 'L.E.V. Management'. According to various reports, assets of the former Leroy Merlin are also included.
Russia has nationalized the businesses of international companies, including Auchan, Nestlé, and Leroy Merlin. This occurred through a temporary management mechanism applied to many foreign firms. Previously, Auchan was added to the list of international sponsors of the war in Ukraine.
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