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Euronews
Euronews
Serguei Doubine

Putin seizes five more European firms, continuing Russia's hostile asset crackdown

Russian President Vladimir Putin has signed a decree ordering the compulsory seizure of Russian assets belonging to French flooring manufacturer Tarkett and four other European companies, whose combined annual revenue exceeds 50 billion roubles (€532 million).

The assets have been placed under the interim control of a management company called Centre Capital, registered in February 2026.

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