Russia seizes assets of Swiss food giant Nestle and three French firms

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: France 24
Russia seizes assets of Swiss food giant Nestle and three French firmsWorldPing
Image via France 24.

What happened

Russian President Vladimir Putin signed a decree on Thursday to transfer assets of Swiss food giant Nestle and three French groups to a company called LEV Management.

Key facts

  • Russian President Vladimir Putin signed a decree on Thursday to transfer assets of Swiss food giant Nestle and three French groups to a company called LEV Management.
  • Reported by France 24 and published Fri, 18 Sep 2026 09:11:12 UTC.

Why it matters

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What to watch next

  • Official statements or denials from the governments named
  • Whether other major newsrooms confirm the same details
  • Any follow-up decision, vote or deadline tied to the event

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Russia seizes assets of Swiss food giant Nestle and three French firms

  2. Putin targets Nestle's Russian business as Kremlin tightens grip on Western assets

  3. REPLAY: Macron orders plan to counter 'Russian hybrid attacks'

  4. Mbappé quits Nike after career-long partnership for Swiss sports brand On

  5. Ukraine strikes continue as polling stations open in Russia

  6. Russian hybrid attacks against Europe intensifying, says Macron

  7. Russia seizes assets of French firms, summons UK envoy over Ukraine support

Sources

The original report was published by France 24. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at France 24

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Brief by WorldPing · Original reporting by France 24