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Putin seizes Russian operations of cigarette giant Japan Tobacco International

Putin seizes Russian operations of cigarette giant Japan Tobacco International

05.11.2026 18:21 | Euronews Business

The decree transferred JTI’s four factories, around 4,000 employees and roughly 40% of the Russian cigarette market to a state-linked holding company. The latest seizure added to a list that includes Nestlé, Auchan, Leroy Merlin and Metro.

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