Russia takes Silgan Holdings’ local assets under state administration 14:35

Silgan Metal Packaging’s assets in Russia – factories in Stupino and Enem – were transferred to the interim administration of the Federal Property Management Agency. The relevant decree signed by Russian President Vladimir Putin was published on the official website. Portal legal information.

The document states that the assets of Silgan Holdings, which are part of the Austrian divisions of the holding company Silgan Metal Packaging Mitterdorf GmbH and Silgan Metal Packaging Austria GmbH, were transferred to interim management.

These actions do not imply a complete transfer of these properties to state ownership or a change in their ownership structure. Therefore, Russia is introducing retaliatory measures against unfriendly countries that illegally deprive Russian owners of their property.

Silgan Metal Ambalaj has a significant portion of its assets in Europe. The company is one of the five largest manufacturers of metal containers, including containers and cans.

Before this Putin signed Decree on the procedure for compensation for damage caused to Russia and the Central Bank of the Russian Federation due to hostile actions of the United States.

Previously became knownIt is stated that G7 countries could lose 83 billion dollars after the seizure of Russia’s assets.

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Source: Gazeta

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