Money3 updates
Russia temporary control of JT factories
What happened before and after this story. Background events not previously covered were summarised by AI.
- Background
Japan Tobacco halts new investment and advertising in Russia
After Russia invaded Ukraine, Japan Tobacco said in March 2022 it would stop new investment and advertising in Russia but keep operating there.
- Background
Putin places Danone and Carlsberg units in Russia under temporary management
In July 2023 Putin signed a decree putting Danone Russia and Carlsberg's Baltika brewery under temporary state-controlled management.

Putin puts four Japan Tobacco factories in Russia under temporary control
Putin signed a decree on 5 November placing four Russian production sites of Japan Tobacco's overseas subsidiary under the temporary control of a Russian company.