this post was submitted on 06 Sep 2024
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Moscow takes control over assets of Western companies (www.reuters.com)
submitted 1 month ago by Cephalotrocity@biglemmowski.win to c/ukraine@sopuli.xyz
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Sept 6 (Reuters) - Kremlin has been seizing assets of some Western companies in Russia through decrees signed by President Vladimir Putin and court orders related to lawsuits over halted projects or blocked funds amid Western sanctions. Below is a list of the companies affected so far...

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[–] Delta_V@lemmy.world 51 points 1 month ago* (last edited 1 month ago) (1 children)

It's been a decade since Russia started the war in Europe. Those corps have had plenty of time to evacuate.

[–] itsnotits@lemmy.world 5 points 1 month ago

It's* been a decade

[–] lurch@sh.itjust.works 44 points 1 month ago

Well, if the companies didn't get their stuff out after the Crimea shit, that's entirely on them. If you deal with occupiers, don't be surprised if they steal from you. It's just a pity it can help putin a bit. I hope it's not much use to him.

[–] phoneymouse@lemmy.world 26 points 1 month ago (1 children)

Mm, seems like a risk to doing business in Russia. I guess it’s not a good investment.

[–] ladicius@lemmy.world 3 points 1 month ago

Who could have guessed? Came completely out of the blue. Unforeseeable.

[–] Gradually_Adjusting@lemmy.world 24 points 1 month ago

If you skirt sanctions as a multinational corporation, you're... Well you're usually not going to have that bad of a time if I'm being real. This does being a smile to my face though.

[–] MentalEdge@sopuli.xyz 20 points 1 month ago

Please please please rob Nestle.