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                    "President Vladimir Putin signed an executive order on Monday placing the Russian subsidiary of Illinois-based packaging manufacturer AptarGroup under temporary government control, marking the Kremlin\u2019s latest seizure of Western corporate assets.\nAptar Vladimir \u2014 owned by Aptar Europe Holding \u2014 was transferred to H&N (Health & Nutrition), according to the order. H&N previously took over French dairy giant Danone\u2019s Russian assets after the Kremlin seized them under a similar executive order in 2023.\nAptar represents at least the fifth major Western company the Kremlin has targeted in less than a week. Last Thursday, Putin placed the Russian operations of French supermarket chain Auchan, Swiss food giant Nestl\u00e9, home improvement retailer Lemana PRO (formerly Leroy Merlin) and French logistics operators FM Logistics and Bati Logistics under the control of L.E.V. Management, a little-known Russian firm.\nThe newspaper\u00a0Kommersant estimated those previously seized assets to be worth at least 600 billion rubles ($7.14 billion).\nRussia has defended the expropriations as retaliation for\u00a0\u201cunfriendly\u201d actions by Western countries that introduced sanctions over the invasion of Ukraine.\nThe Moscow Times contacted AptarGroup for comment.\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t Monday\u2019s decree also follows U.S. President Donald Trump signing a sweeping sanctions bill into law that allows him to impose punitive tariffs against countries that buy Russian oil and gas. However, it was not immediately clear whether the seizure of Aptar Vladimir was retaliation for that sanctions legislation.\nRussia has seized the assets of at least 30 foreign companies since the 2022 invasion of Ukraine, including Carlsberg, Fortum, Uniper, Ariston, Bosch and AB. \nThe Kyiv School of Economics Institute estimates the pre-takeover value of seized foreign assets at $74 billion, with total losses for foreign companies leaving Russia reaching $170 billion through write-offs, court rulings and exit taxes.\nIn August, Putin signed an executive order that allows the government to take control of strategically important facilities if the owners fail to protect them from Ukrainian attacks or to quickly repair damage from strikes. \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\n\t\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\n\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\n\n\t\t\t\t\t\t\t\t\t\t\t\t\n\t\tA Message from The Moscow Times:\n\tDear readers,\n\tWe are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an \"undesirable\" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a \"foreign agent.\"\n\tThese actions are direct attempts to silence independent journalism in Russia. The authorities claim our work \"discredits the decisions of the Russian leadership.\" We see things differently: we strive to provide accurate, unbiased reporting on Russia.\n\tWe, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.\n\tYour support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.\n\tBy supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.\n\n\n\t\n\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\t\tContinue \n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\n\t\tNot ready to support today? Remind me later."
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