Russian President Vladimir Putin orders stakes tied to Nestlé’s Russian operations to be placed under temporary administration, according to reports citing the Kremlin. The move involves transferring control of local companies in which Nestlé holds interests to a temporary administrator.
Other coverage adds that Putin also places Auchan’s Russian unit under temporary administration. The decisions come amid ongoing Western–Russia tensions and related economic measures, with companies operating in Russia facing shifting legal and regulatory conditions. Bloomberg frames the action specifically around Nestlé-linked stakes being transferred for temporary management, while other reporting highlights that the same approach extends to Auchan’s Russia business.
Across sources, the central point is that Russian authorities use temporary administration to assume control of certain foreign-owned business interests, without detailing the final ownership outcomes. The reports do not indicate immediate changes to long-term ownership, leaving room for further legal and administrative steps.
