✉news WarUkraine first seen 13 h ago, last 44 min ago, peak #4
Russia places German retailer Metro's assets under temporary administration
Original: Russia puts German retailer Metro's assets under temporary administration amid Ukraine tensions
Russian authorities have placed the Russian assets of German retail group Metro under temporary administration, a move announced amid heightened tensions over the war in Ukraine. The step effectively puts control of Metro's operations in Russia in state hands. The decision follows similar actions against other Western companies and raises fresh questions about the fate of foreign businesses still operating in Russia.
Why now: It is part of Russia's escalating seizure of Western corporate assets amid the Ukraine conflict.
Rank over time, top of the chart is #1. 20 snapshots from 13 h ago to 44 min ago.
Evidence
- Russia puts German retailer Metro's assets under temporary administration amid Ukraine tensions · Reuters
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