Kremlin Seizes Control of Metro’s Russian Assets Amid Tensions with Germany

Russia's Kremlin takes control of Metro AG's Russia business, escalating tensions with Germany over Ukraine. New developments in the ongoing conflict.

Editorial Desk

September 29, 2026 One Min Read

POLICY WIRE — Frankfurt, Germany — President Vladimir Putin has ordered the temporary administration of German retailer Metro AG’s Russian assets, intensifying diplomatic tensions between Germany and Russia.

The move follows a 2023 decree targeting businesses linked to unfriendly countries, similar to actions against companies like Nestle and Auchan. Metro stated it no longer has operational control over its Russian operations, which are now under the administration of UK-based Torg Rus.

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Germany has accused Russia of an attempted drone attack at Leipzig airport and closed several Russian consulates and cultural centers in response. Analysts suggest this is part of a broader strategy by Moscow to pressure Germany, which is seen as a key supporter of Ukraine.

Reporting by Policy-Wire (PW)

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