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Russia names interim managers for seized foreign assets, links to elites emerge
Agentstvo·RU · FR · CH·about 6 hours ago
Two days after Auchan's Russian operations were transferred to a company linked to a former senior MVD official, the retail network's leadership was handed to a person with ties to Rosimushchestvo. This rapid succession of ownership and management changes suggests a coordinated state-orchestrated takeover, likely consolidating control over a major foreign-owned retailer. The move signals increased state intervention in the Russian retail sector, with potential implications for foreign investors and market dynamics.
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