Russia has put the local assets of German retailer Metro under temporary state administration, according to reports from the Associated Press, Euronews, France 24 and Reuters. The move follows a decree issued by President Vladimir Putin.
Euronews and the Associated Press reported that Metro has lost control of its Russian business as a result of the Kremlin action. France 24 described the move as Moscow seizing the Russian assets of the German food retailer.
Reuters characterized the measure as placing Metro's assets under temporary administration, linking the action to broader tensions between Russia and Ukraine.
The reports do not specify further details on the scale of Metro's Russian operations or the process for the transfer of control.
How each side covered it
Left
- The Associated Press reported that the Kremlin transferred control of Metro's Russia business to state administration.
“Kremlin transfers control of German retailer Metro's Russia business” — Associated Press
Center
- Euronews reported Metro lost control of its Russian business after a Putin decree.
- France 24 described the action as Moscow seizing the Russian assets of the German retailer.
- Reuters framed the move as placing Metro's assets under temporary administration amid Ukraine tensions.
“Russia puts German retailer Metro's assets under temporary administration amid Ukraine tensions” — Reuters
Questions readers ask
What happened to Metro's business in Russia?
Russia placed the local assets of German retailer Metro under temporary state administration following a decree from President Vladimir Putin, according to multiple outlets.
Why did Russia take control of Metro's assets?
Reuters reported the move came amid tensions between Russia and Ukraine, though the sources did not provide further explanation for the specific timing or rationale.
Who is Metro?
Metro is a German food retailer whose Russian business assets were affected by the Kremlin decree, according to France 24 and Euronews.
What did left-, center-, and right-leaning outlets report about this event?
Left-leaning and center outlets reported on the Kremlin's transfer of control over Metro's Russian business, with center outlets using terms like 'seizes' and 'temporary administration'; no right-leaning coverage was supplied.
Sources · 4 outlet reports
- Associated PressLeft-leaningKremlin transfers control of German retailer Metro’s Russia business
- EuronewsCenterGerman firm Metro loses control of Russian business after Putin decree
- France 24CenterMoscow seizes Russian assets of German food retailer Metro
- ReutersCenterRussia puts German retailer Metro's assets under temporary administration amid Ukraine tensions