The assets of the US canned food company Glavprodukt must be delivered to the Russian state following a Moscow court ruling, as reported by the State News Agency Tass late Friday night, ending a long -term legal dispute. One of the participants in the judicial proceedings, who refused to be named, confirmed today to the Reuters agency that the court fully satisfied the prosecution’s request with immediate effect after a six -hour meeting. The seizure of Glavprodukt, the only American company seized by Moscow, coincides with dead-end efforts to restore US-Russian relations. Glavprodukt and other assets that eventually belonged to the US company Universal Beverage and its founder Leonid Smirnov were put under temporary state management by presidential decree in October 2024. Prosecutors then attempted to justify the seizure to ensure a stable supply supply to Russia. April. ‘The court […]
Source: News Beast
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