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2 clusters · 8 sources · 26 days · First seen · Last updated

Russian state takeover of Metro AG assets

Overview

In late September 2026, the Russian government placed the local operations of German wholesale company Metro AG under state receivership. Following a decree by President Vladimir Putin, 100 percent of the company’s Russian assets, including real estate and 91 wholesale stores, were transferred to a new management entity, JSC UK Torg Rus. The Kremlin described the intervention as a response to actions by “unfriendly” countries supporting Ukraine.

By October 2026, the Metro AG subsidiary, now under temporary state administration, transferred 1 billion rubles (approximately 11 million euros) to the ‘Volksfront. Alles für den Sieg!’ fund. These funds are designated to support Russian military operations through the procurement of technical equipment, such as off-road vehicles, communication systems, and drone defense technology.

Entities

Russia · Metro AG · Volodymyr Zelenskyy · Metro · Vladimir Putin

Timeline

  1. [BUSINESS] 8 sources
    Metro AG subsidiary transfers 1 billion rubles to Russian war fund

    Metro's Russian subsidiary, under temporary state administration, transferred 1 billion rubles to a Russian fund to finance military equipment, including drones and transport vehicles.

  2. [BUSINESS] 79 sources
    Metro AG loses operational control of Russian assets to state management

    Russia has placed the assets of German retailer Metro AG under state management, stripping the company of operational control over its 91 Russian stores following a decree by President Vladimir Putin.

Sources

bani.md · de.rt.com · heute.t-online.de · ikz-online.de · it-boltwise.de · qactus.fr · t-online-business.de · wochentlich.de