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Putin Seizes Five Western Firms’ Assets Temporarily in Moscow

By Drooid · · How we work

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Story summary
  • President Vladimir Putin placed assets of five Western manufacturers under temporary management of a Moscow firm.
  • The decree targets Tarkett, Ontex Ru, Menshen, Kappa Rus and Eviosys, whose 2025 revenue exceeds 53 billion rubles ($633.2 million).
  • Management rights were transferred to Tsentr Kapital Management, a Moscow firm founded in February 2026.
  • Tsentr Kapital is owned by Marat Mirkhaidarov, a 47-year-old former deputy governor of Zabaikalsky region.