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Metro AG
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- 1Putin Decree Places Metro's Russian Operations Under Kremlin Control●Russian President Vladimir Putin signed a decree on Sept. 28 placing the Russian subsidiary of Germany's wholesale food
Russian President Vladimir Putin signed a decree on September 28 placing the Russian subsidiary of Germany's wholesale food retailer Metro AG under the Kremlin's control. The move effectively seizes the German company's properties in Russia, adding to a pattern of foreign assets being taken over amid the war in Ukraine and raising concerns among Western businesses still operating there.