Kremlin Takes Control of German Retailer Metro’s Russia Operations

Russia's Kremlin takes control of Metro AG's Russian assets, escalating tensions with Germany over Ukraine war.

September 29, 2026 One Min Read

POLICY WIRE — Frankfurt, Germany — President Vladimir Putin has ordered the Russian assets of German retailer Metro AG to be placed under temporary administration, marking a significant escalation in tensions between Germany and Russia over the ongoing conflict in Ukraine.

The move, announced on Monday, follows similar actions against other Western businesses operating in Russia, including global food giant Nestle and French retailer Auchan. The decree, issued under a 2023 law targeting companies from unfriendly countries, allows the Russian government to take control of foreign-owned businesses without clear justification.

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Metro AG stated that while it formally owns its Russian operations, it no longer has operational control over them. The company has been reducing its presence in Russia since the 2022 invasion, and the new order is expected to have further financial implications for the firm. Germany has condemned the move, accusing Russia of using economic pressure to influence its policies.

Reporting by Policy-Wire (PW)

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