Vladimir Putin signs a new law. He takes control of Nestle. This is a state control. Auchan is part of this too.
A firm runs the business now. The firm has 1 worker. The boss works for the state. No one knows the owners.
Nestle has 6 factories in Russia. They make coffee and chocolate. They make food for pets too. Nestle makes much money there.
Nestle wants to fight the decision. The firm wants to protect rights. Nestle wants to keep the jobs.
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Companies & Markets
The Russian president Vladimir Putin puts two firms of Nestlé under state rule. The group stays owner, but loses the power to decide.
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