Russian President Vladimir Putin has placed the Russian assets of Japan Tobacco International under temporary management. They will be managed by Promyshlennye Aktivy JSC.
The measure covers 100% stakes in J.T.I. Donskoy Tabak, J.T.I. Yelets, Kres Neva and Petro.
Japan Tobacco International is the international division of Japanese company Japan Tobacco. Its portfolio includes brands such as Camel, LD and Sobranie, among others.