What's for dessert today: Putin transferred the Russian assets of Nestlé, Auchan, and the former Leroy Merlin to a shell company

According to Putin's decree, the assets of three companies with a total revenue of about a trillion rubles per year transmitted into temporary management of a joint-stock company L.E.V. Management, which was established in October 2024 and has an authorized capital of only 15 thousand rubles.

A structure that will manage the assets of foreign companies, LeadsAndrey Krayushkin — a police major general and former deputy director of the Ministry of Internal Affairs for migration issues. However, according to official reports, L.E.V. Management didn't lead active activity last year.

Also RBC journalists couldn't find the company's office, as specified in the constituent documents, is a building in the center Moscow It simply doesn't exist. However, there is a facility nearby that supplies products to the Presidential Property Management Department.

Answering a question about the transfer of these foreign assets to temporary management, Putin's press secretary Dmitry Peskovstressedthat we are talking about “European companies from unfriendly countries” that are now actively involved in military actions against our country.”

Nestlé, Auchan, and Leroy Merlin (the brand's new name is Lemana PRO) were among the largest foreign companies that continued to operate in Russia after the outbreak of a full-scale war with Ukraine and the imposition of sanctions.