Putin ordered foreign companies to be given the right to state support

No time to read?
Get a summary

Russian President Vladimir Putin instructed Russian Finance Minister Anton Siluanov that foreign companies transferred to the Federal Property Management Agency may also be eligible for state support. This was reported by TASS.

“Of course, we will make the necessary decisions so that such companies under Russian control can receive support on an equal basis with Russian enterprises,” Siluanov said.

Putin noted that such companies need state support.

Before reportedIt is stated that Russia has begun to expropriate large private assets that the state lost due to criminal schemes in previous years. Economic commentator Yuri Pronko emphasized that we are talking about strategic goals, calling it “the correction of a fraud unprecedented in the history of the country.”

As an example, the decree of the President of the Russian Federation on the transfer of the Ulyanovsk Machine Tool Plant to the Federal Property Management Agency for temporary use, as well as the claim of the Prosecutor General’s Office demanding the transfer of the Ivanovo Machine Tool Plant, will be returned to the state. It was also reported that Petro Poroshenko’s assets in Russia – shares and shares of the Roshen plant – were seized.

Previously Kremlin responded to messages About the possible nationalization of Rosneft assets in Germany.

No time to read?
Get a summary
Previous Article

Alves’ victim is happy with the sentence: “They finally believed me”

Next Article

Brussels proposes relaxing environmental requirements to ease burden on farmers