Under a presidential order signed by Russian President Vladimir Putin, 4 factories held in Russia by a JT Group company will be placed temporarily under the management of a Russian company. Management of the affected factories is expected to change from JT to a local company for a certain period.
On the 5th, Russian President Vladimir Putin signed a presidential order deciding to place 4 factories held in Russia by a group company of Japan Tobacco Inc. temporarily under the management of a Russian company. The article does not mention the specific period of implementation or details of the supervisory framework.
AFP refers to the nature of the measure, but the article contains no definitive description of its background or purpose, or of the details of its future implementation. Further reports are awaited.