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Russia Seizes Assets Of Swiss Food Giant Nestle
Russian authorities seized the remaining businesses and assets of Swiss food giant Nestle and three French groups, the latest move against Western firms in response to sanctions against Moscow.
A decree signed by President Vladimir Putin issued late Thursday transferred the Russian operations of Nestle, French retailer Auchan and the former Leroy Merlin DIY chain, now known as Lemana Pro, to a company called LEV Management. The decree also covers the Russian subsidiaries of French logistics group FM Logistic, France24 reported.
Investigative outlet Novaya Gazeta Europe reported that LEV Management was created only at the end of 2025, and is headed by a Russian interior ministry general. It had no known business activity.
Most Western companies quickly sold their Russian operations and holdings after the Ukraine invasion, or at least isolated them, as sanctions have made trading in most goods difficult.
Russia has since made it difficult for firms to leave, requiring presidential authorization for deals, or seizing the assets outright.
In a short statement, Nestle said it was "committed to taking all necessary steps to protect its rights and ensure continuity of business operations in the interests of all stakeholders, particularly its employees".
"The company is assessing the situation and its options," it added, without providing details of its residual Russian operations.
Jean-Philippe Bertschy of the Swiss investment bank Vontobel said he expected the financial impact to Nestle would be small "given Russia's limited contribution to group sales".
He said Russia now accounted for just over one percent of the group's sales, down from around two percent before the Ukraine war.
It has suspended "the vast majority of sales, non-essential imports, advertising and capital investment", he said, while continuing to supply essential food items.
Auchan and Leroy Merlin are both controlled by France's Mulliez family, and each has around a dozen outlets in Russia.
The latest seizure echoes Moscow's 2023 takeover of Danone's Russian business, which was later sold to a nephew of Chechen leader Ramzan Kadyrov.
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74% Of Sex-Crime Suspects In Spain's Basque Country Are Foreigners
Foreign-born suspects account for nearly three-quarters of sexual-crime arrests in Basque Country, official figures show
Official statistics released by the Basque regional police, the Ertzaintza, indicate that people born outside Spain made up 58.7 percent of all arrests in the first half of 2026 even though they represent 10.2 percent of the population.
The disparity is sharper in several high-profile offense categories.
Of the 107 people detained for crimes against sexual freedom, 79 were born abroad, making up 74 percent of arrests in this category, according to data obtained by The Objective.
Foreign-born suspects also accounted for 73.3 percent of homicide arrests and 61.3 percent of those for causing injury.
The highest shares appeared in other offences: 94.7 percent of drunk-driving arrests (36 of 38), 79.6 percent of theft arrests (222 of 279), and 77.6 percent of robberies involving violence or intimidation (253 of 326).
The figures come from data the Basque Department of Security, which began publishing this data systematically at the end of 2025. Until then, the Ertzaintza routinely omitted the birthplace of detainees.
Security councillor Bingen Zupiria of the PNV said the change followed "tremendous pressure" from the Popular Party (PP) and Vox in the Basque parliament. Police unions supported the move as a contribution to "crime prevention."
After that pressure, Zupiria stated, the department was forced to "change its criteria." Arrests are now broken down first by continent and then by region, including North Africa, the rest of Africa, Latin America, or Europe.
The publication of these breakdowns ended a long-standing practice of withholding origin information that the Basque government said had created more confusion than clarity. Citizens, officials argued, have a right to see the actual composition of recorded crime.
Within the foreign-born group, those originating from North Africa are notable for their high offense rates.
They form roughly 1.8 percent of the Basque population yet accounted for 37 percent of homicide arrests, 24 percent of sexual-assault arrests, 64 percent of theft arrests, 48 percent of robberies with force, and 66 percent of violent robberies in the first six months of the year.
Suspects from the rest of Africa and from Latin America also appear over-represented in several categories of crimes against persons and property.
Overall arrests have been rising. The Ertzaintza recorded 6,903 in 2021 and 9,222 in 2025. The first half of 2026 already produced 5,050. If the pace continues, the year would end with a record of about 10,100.
Only the Basque and Catalan regional forces currently publish the origin of suspects to the general public. However, an internal document obtained earlier this year showed that, across Spain as a whole, foreigners accounted for 51 percent of daily arrests (527 of 1,033). The share was higher in Madrid (64 percent), Catalonia (71.8 percent) and Murcia (60 percent), close to the Basque figure of 59 percent.
Other research has shown that foreigners commit 500 percent more rapes than Spaniards and 400 percent more murders.
Prison data from the Basque Department of Justice for August 2026 shows 722 of the 1,967 inmates (36.7 percent) were foreign-born.
Among those under 25, the proportion rose to 65.9 percent, or two out of three.
Tyler Durden Sat, 09/19/2026 - 07:00