The Kremlin has appointed a Chechen minister as the new head of yoghurt maker Danone's Russian subsidiary, according to the Spark-Interfax database.
A nephew of Chechen leader Ramzan Kadyrov has been appointed the new head of Russia s Danone subsidiary after the Kremlin ordered the state to take temporary co.
The Kremlin’s move to seize the Russian assets of Carlsberg and Danone is Moscow’s most brazen attack yet on foreign firms operating in Russia, and is likely to trigger fresh concern among businesses that have continued operating in the country, experts said.