Story perspectives
Nestlé Keeps Operating After Kremlin Transfers Assets to L.E.V.
By Drooid · · How we work
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Story summary
- Nestlé opened a Russian subsidiary and pledged to keep operating after the Kremlin transferred its assets.
- A presidential decree placed Nestlé’s Russian assets under temporary control of L.E.V. Management.
- Nestlé said it will fulfill obligations to clients, partners and employees in Russia.
- Dmitry Peskov said hostile actions by “unfriendly” countries prompted the asset-control move.
- Nestlé said the transfer is not nationalisation and will improve efficiency with L.E.V. Management.
