Putin seizes Russian assets of Tarkett and four other European firms

Putin signed a decree forcibly seizing Russian assets of French flooring maker Tarkett and four other European companies, with combined annual turnover exceeding 50 billion rubles. This escalates Russia's retaliatory asset seizures against Western firms, following earlier nationalizations. The move signals continued deterioration in Russia-West economic relations and increases expropriation risk for remaining foreign businesses in Russia.