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Moscow takes control over assets of Western companies (www.reuters.com)

submitted 2 months ago by [email protected] to c/[email protected]

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Sept 6 (Reuters) - Kremlin has been seizing assets of some Western companies in Russia through decrees signed by President Vladimir Putin and court orders related to lawsuits over halted projects or blocked funds amid Western sanctions. Below is a list of the companies affected so far...

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[–] [email protected] 6 points 2 months ago* (last edited 2 months ago)

It is their fault, but most of the assets listed do not amount to much. There was one that broke a billion, but that was for a gas processing facility and not something you can move easily.

I speculate that most of those assets were written off already and it's mainly just a puff piece of an article.