Russia Is Seizing European Company Assets

Flag of the Russian Federation. Russia has recently begun confiscating assets from corporations operating in Western countries. The Russian government seized the local businesses of two of the world's top consumer packaged goods firms last week, in the most recent step. EGOR FILIN/UNSPLASH

In recent months, Russia began seizing assets from companies based in Western countries.

The most recent development came last week, when the Russian government seized the local operations of two of the world’s largest consumer packaged goods manufacturers.