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Story summary
- President Vladimir Putin signed a decree seizing assets of French flooring maker Tarkett and four other firms.
- The five firms generate over 50 billion roubles (€532 million) in revenue and continued operating after the 2022 invasion.
- Centre Capital, registered February 2026 and led by CEO Marat Mirkhaydarov, now controls the seized assets.
- Moscow says the seizures retaliate against the EU’s freeze of about €300 billion in Russian assets.