Putin places Metro Cash and Carry units under temporary control

Vladimir Putin: Vladimir Putin is the President of Russia. He has issued decrees authorizing temporary external management of Russian assets belonging to companies from countries Moscow deems unfriendly due to their support for Ukraine. The latest order targets Metro Cash and Carry's operations as part of an ongoing pattern of such measures. Metro Cash and Carry: Metro Cash and Carry is a German international wholesaler and retailer operating cash-and-carry hypermarkets. The company has maintained its presence in Russia since the start of the full-scale invasion of Ukraine. In the current development, Russian President Vladimir Putin placed its local units and related properties under temporary administration by a newly registered management entity headed by the company's Russian CEO. Geopolitics: Russia has described recent asset management decrees as responses to hostile actions by unfriendly states involved in military support for Ukraine. Regulatory Pattern: Similar temporary management measures were applied earlier in September 2026 to the Russian assets of Auchan, Nestlé, Lemana PRO, and FM Logistic. Business Continuity: Metro's Russian subsidiary stated it is continuing normal operations and fulfilling obligations to customers despite the decree.