Among other companies mentioned are “Bati Logistics,” “FM Logistics,” and “Le Monlid LLC,” whose assets, according to Russian media, along with the assets of “Nestlé” and “Auchan,” were transferred to temporary management by the Russian joint-stock company “L.E.V. Management,” reports the Ukrainian portal “The Kyiv Independent.”
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“Nestlé” and “Auchan” did not leave the Russian market after Russia attacked Ukraine in February 2022 but simply changed their business model. According to data from the Kyiv School of Economics (KSE) Institute, “Nestlé” removed several of its main brands, stopped advertising, and halted capital investments in Russia.
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Meanwhile, the French “Auchan” handed over its Russian subsidiary to local management in 2023, considering itself a necessary civil service and refusing to withdraw.
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