3 hrs ago
Russia Takes Control of US Factory After New Sanctions
Russia has taken control of a factory run by the American company Aptar.
The factory is in Vladimir, a city east of Moscow.
It makes packaging for food, drinks and healthcare products.
A Russian company will temporarily manage the factory.
The decision came through a decree from the Kremlin.
Russia had recently taken control of assets connected to Nestlé and French companies too.
The actions happened after the United States approved new sanctions against Russia.
The broader dispute is connected to Russia’s ongoing war against Ukraine.
Russia placed Aptar’s Vladimir factory under temporary management by presidential decree.
The factory produces packaging components for food, beverages and healthcare products.
The facility is operated by US-based food and healthcare packaging company Aptar.
The move followed Russia’s seizures of assets linked to Nestlé and three French companies.
The takeover came days after US lawmakers approved new sanctions against Russia amid the Ukraine war.
- Who
- Russian authorities, acting under a Kremlin decree, took control of a factory operated by Aptar.
- What
- The Aptar Vladimir factory was placed under temporary management by a Russian company.
- Where
- Vladimir, about 180 kilometres east of Moscow, Russia.
- When
- The takeover was announced on Monday, days after US lawmakers approved new sanctions against Russia.
- Why
- The move occurred as Russia responds to Western sanctions and continues seizing assets linked to countries supporting Ukraine.
Key facts
- Facility
- Aptar Vladimir factory
- Location
- Vladimir, Russia, about 180 kilometres east of Moscow
- New manager
- A Russian company formerly owned by French food group Danone
- Products
- Packaging components for food, beverages and healthcare products
- Recent seizures
- Assets connected to Nestlé and three French companies
- Context
- Russia’s ongoing war against Ukraine and Western sanctions
- US sanctions timing
- The takeover came days after US lawmakers approved sweeping new sanctions against Russia
Sources
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