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                    "President Vladimir Putin signed a decree Thursday placing the Russian assets of five major Western manufacturing companies under the temporary management of a little-known firm owned by an ex-official who fought in Ukraine.\nThe targeted European and U.S. assets include French flooring giant Tarkett, Belgian hygiene manufacturer Ontex Ru, German plastic packager Menshen, corrugated producer Kappa Rus and metal packaging producer Eviosys, a subsidiary of the U.S. Sonoco Products Company.\nTheir combined 2025 revenue exceeds 53 billion rubles ($633.2 million), with Tarkett accounting for 19.3 billion rubles, Kappa Rus 16.5 billion rubles, Ontex Ru 10.3 billion rubles, and Eviosys and Menshen 6.1 billion rubles and 1.4 billion rubles, respectively.\nPutin\u2019s decree hands management rights to Tsentr Kapital Management Company, a Moscow entity established in February 2026, according to corporate registry data cited by RBC.\nTsentr Kapital is owned by 47-year-old Marat Mirkhaidarov, the former deputy governor and chief of staff of Far East Russia\u2019s Zabaikalsky region.\nMirkhaidarov volunteered to serve in Ukraine with Chechnya\u2019s Akhmat unit in early 2024, according to exiled media reports.\n\u201cI\u2019m a patriot, I served in the special military operation [in Ukraine]. I have combat awards,\u201d Mirkhaidarov told the Agentstvo outlet on Friday, expressing caution about his and his family\u2019s safety over the news.\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 Mirkhaidarov stepped down from his regional administration post in March 2025, citing the need for medical rehabilitation after sustaining injuries during a delivery mission near the frontline.\nPutin signed an order in 2023 granting the state the authority to place foreign assets under its temporary management. The regime strips foreign owners of operational control over their Russian subsidiaries while preserving nominal legal title.\nMoscow has described the asset seizures as a response to \u201chostile actions\u201d taken by \u201cunfriendly\u201d foreign governments.\nOn Friday, the Kremlin said the latest transfers represent a continued policy \u201ctrend\u201d targeting countries that froze more than 210 billion euros in Russian reserves in Europe.\n\u201cTheir origin was one of the factors taken into account when making the decision,\u201d Kremlin spokesman Dmitry Peskov told reporters during a daily briefing.\n\u201cWe\u2019re talking about those countries that take part in illegally holding Russian money, Russian assets. These are countries that take part in the illegal expropriation of Russian companies\u2019 property,\u201d Peskov said.\nReuters contributed reporting. \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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