Russia takes control of more Japan Tobacco assets
Detailed summary
Russian President Vladimir Putin has signed a decree to temporarily place several more Russian assets of Japan Tobacco under a Russian firm's management.
Russian President Vladimir Putin has signed a decree to temporarily place several more Russian assets of Japan Tobacco under a Russian firm's management.
According to the decree signed on Friday, the assets are those of three companies, and include the shares of Japan Tobacco's Russian affiliate, Pereslavl-Tobacco.
Putin had signed a decree on Thursday to temporarily put four manufacturing facilities held by JT International in Russia under a Russian firm's management.
The Japanese government lodged a protest with Russia and demanded the immediate withdrawal of the decree.
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