https://www.live-feeds.com/feed/kremlin-moves-to-seize-control-of-nestl-s-russia-operationsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/kremlin-moves-to-seize-control-of-nestl-s-russia-operationshttps://www.live-feeds.com/feed/kremlin-moves-to-seize-control-of-nestl-s-russia-operations#u78007Mon, 21 Sep 2026 00:25:53 +0000The Kremlin has seized the Russian assets of Swiss food company Nestlé and three French firms, including Auchan. Russian officials describe the move as payback for hostile actions taken by Europe. Switzerland has criticized the seizure and is seeking a reversal of the decision. In France, the National Rally party and Marine Le Pen have issued rare rebukes condemning Russia's hostile actions against French interests. Putin is placing Nestlé under compulsory administration as part of a broader crackdown on private business and Western assets.Why it mattersThis move signals a tightening grip