Russia Takes Over AkzoNobel’s Russian Operations | Amsterdam News

Russia has seized operational control of AkzoNobel’s Russian factories under a “temporary external administration” decree, though the Dutch company still claims ownership. Despite scaling back operations after the Ukraine invasion and separating its Russian unit, AkzoNobel says this move is short-term — but history suggests Russia rarely hands such oversight back easily. With Russian operations contributing less than 2% of its global revenue, the impact on AkzoNobel’s finances is minimal, but the geopolitical maneuvering is anything but. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1e0d9ecab084f543