Russia takes control of factory owned by US packaging firm
Aptar Vladimir factory in the city of Vladimir was placed under 'temporary management' by a Russian company formerly owned by France's Danone.
Russia took control of a factory owned by US packaging firm Aptar in the city of Vladimir, located 180km east of Moscow, according to a Kremlin decree. The factory, known as Aptar Vladimir, produces packaging components for food, beverages, and health products. This move follows Moscow's seizure of Russian assets belonging to Swiss Nestle and three French groups.
The latest sanctions on Western firms come amid the ongoing conflict in Ukraine, which has been in its fifth year. The Russian government justified the takeover by stating that these companies represent unfriendly nations that support Ukraine.
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Also reported by 1 other outlet
- Russia takes control of factory owned by US packaging firm freemalaysiatoday.com
