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Nestle evaluates options after Kremlin moves to seize Russian operations

The Swiss food giant, which produces popular brands including Nescafe and KitKat, said it is assessing its position following a Russian presidential decree aimed at seizing control of its business.

LSN India · 18 September 2026

Nestle evaluates options after Kremlin moves to seize Russian operations

Nestle has indicated it is considering all available options after the Russian government announced moves to take control of the multinational's operations in the country. The seizure directive, issued through a presidential decree on Thursday, prompted the company to launch a comprehensive review of the situation and its implications.

The action represents an escalation in Russia's efforts to nationalise foreign business assets amid international sanctions and geopolitical tensions. Nestle, one of the world's largest food and beverage companies, has maintained significant operations in Russia for decades, producing coffee, confectionery, and other consumer products.

The company's statement acknowledged receipt of the government decision but stopped short of detailing specific next steps. Industry observers note that such moves have become increasingly common in Russia as the country seeks to maintain economic activity despite Western sanctions and corporate withdrawals.

Nestle joins a growing list of international corporations facing pressure or forced transfers of their Russian assets. The company's response will likely be shaped by international legal considerations, shareholder interests, and broader corporate strategy regarding operations in sanctioned jurisdictions.