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Russia places mainly European companies under temporary administration

By , based on TimesLIVE

Russia places mainly European companies under temporary administration

Since Donald Trump’s inauguration in January 2025, Russia has placed 20 foreign companies under temporary administration, only three of which are linked to the United States, according to a Reuters analysis of official data. Moscow has seized subsidiaries of European groups amid tensions over European support for Ukraine, while the Kremlin seeks to restore economic ties with Washington, Reuters reports.

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