Russian President Vladimir Putin signed a presidential decree newly placing 3 non-manufacturing companies at Japan Tobacco's Russian operations under temporary administration. This is expected to result in a temporary change to the local management structure.
On the 6th, Russian President Vladimir Putin signed a presidential decree covering the non-manufacturing operations of the Japan Tobacco (JT) Group in Russia, deciding to place 3 companies under temporary administration.
Under the order, the 3 companies will be placed under the temporary control of the Russian government for local administration.