Moscow has taken control of the Russian subsidiaries of Nestlé, Auchan and the former Leroy Merlin, according to RFI. The French outlet reported the move on Saturday, September 19, 2026.
French broadcaster franceinfo described the step as a Russian takeover of assets belonging to European companies' subsidiaries. Le Monde reported that the Kremlin confiscated the Russian assets of Auchan, Leroy Merlin and Nestlé.
The French government responded by urging Moscow to reverse its decision, Le Figaro reported. La Voix du Nord reported that the takeover of Auchan and Leroy Merlin in Russia was described as "provisional," and that the Kremlin has presented the measure as a tool of retaliation.
The reports did not specify the value of the assets involved or the terms under which Moscow assumed control. French officials have not indicated what steps, if any, they plan to take in response beyond calling for the decision to be undone.
The development adds to the pressure on European companies with operations in Russia. It remains to be seen whether Moscow will act on Paris's request, and how the affected companies will respond to the loss of control over their Russian businesses.
