Japan Tobacco Says Three More Entities Placed Under 'Temporary Administration' in Russia
By Kosaku Narioka
Three more Japan Tobacco entities in Russia have been placed under "temporary administration" pursuant to a presidential decree, the company said.
All of Japan Tobacco's entities in Russia have now been placed under "temporary administration," the Japanese company said Monday.
Russian President Vladimir Putin late Thursday ordered the Russian factories of Japan Tobacco be placed under temporary management of a local company, according to Russian state media.
Japan Tobacco said its Russian business continues to operate at present.
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
November 08, 2026 19:22 ET (00:22 GMT)
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