Russia is tightening its grip on European-owned companies, taking control of the Russian entities of Switzerland’s Nestle, Germany’s Metro wholesale supermarket and France’s Auchan supermarkets. However, the Kremlin appears to be taking a different approach toward American firms. Is this simply about money and control, or part of a broader strategy to weaken the transatlantic alliance? DW’s Shannon Redstall spoke to Christopher Walker, Vice President at the Center for European Policy Analysis, for his take on the development.
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Chapters:
00:00 Russia tightens its grip on European companies
01:15 Why is Russia targeting European businesses?
01:40 What’s left of Nestlé’s Russian business?
02:30 Why haven’t European companies left Russia?
03:18 The risks of doing business in Russia
06:20 Why the Kremlin wants foreign companies
08:08 Is Russia running out of options?
09:20 Russia’s economic shadow war
10:20 A warning for foreign companies in Russia
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