# Russia Seizes Nestle and French Firms Assets

> Russia takes control of Nestle and French companies' Russian operations over Ukraine support.
- Title: Russia Seizes Nestle and French Firms Assets · Malay Mail
- Summary: Russia takes control of Nestle and French companies' Russian operations over Ukraine support. Russia seized Nestle and three French firms' Russian assets as…
- Keywords: russia, nestle, france, lev management, ukraine, sanctions, forbidden assets, russian operations, news, world, Seizes, French
- Source: Malay Mail — https://malaymail.com/news/money/2026/09/19/russia-seizes-assets-of-nestle-french-firms-over-home-countries-support-for-ukraine/235717
- Published: 2026-09-19T09:56:33+00:00
- Read time: 1 min
- Topics: russia, nestle, france, lev management, ukraine, sanctions, forbidden assets, russian operations, news, world
## Russia seizes assets
Russia seized Nestle and three French firms' Russian operations.
## Kremlin defends action
Kremlin called it a justified move against countries supporting Ukraine.
## Assets transferred
Russian operations moved to LEV Management, a new state-owned firm.
## France condemns move
France urged Russia to reverse the seizure of assets.
## LEV Management details
LEV Management created in late 2025, led by a russian interior minister official.
## Nestle response
Nestle says it will protect its interests and assess options.
## Nestle operations
Nestle employs 7,000 people in Russia for food and infant products.
## Financial impact
Nestle's Russia business could cost one billion francs if seized.
## Key takeaway

Russia seized Nestle and three French firms' Russian assets as retaliation for their support of Ukraine.