A court in Russia’s Lipetsk Oblast ordered a confectionary factory owned by former Ukrainian President Petro Poroshenko and previously used by his company Roshen, to be nationalized on Feb. 19. Following the beginning of Russian aggression against Ukraine in 2014, the factory’s property was seized and Russia’s Investigative Committee began an investigation into its alleged […]
Tag: nationalization
Germany eyes nationalization of Russian oil subsidiary
Germany is considering the nationalization of Rosneft Deutschland, a subsidiary of Russian state-owned oil giant Rosneft, which has been under the control of the German government since September 2022 in the wake of Russia’s full-scale invasion of Ukraine, Reuters reported on Feb. 7, citing sources. The Russian oil giant’s law firm in Germany confirmed the […]