The EU “criticizes” Moscow because it passed under its control some Italian and German companies in Russia

The EU “criticizes” Moscow because it passed under its control some Italian and German companies in Russia
The EU “criticizes” Moscow because it passed under its control some Italian and German companies in Russia
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The European Union criticized Russia on Saturday for placing subsidiaries of an Italian company and a German company under “temporary external management” of a Gazprom entity, saying the move underscores Moscow’s disregard for international norms. ro.

Russian dictator Vladimir Putin has placed the Russian subsidiaries of Italian water heating equipment company Ariston and German household appliance manufacturer BSH Hausgeraete under the administration of JSC Gazprom Household Systems, according to a decree published on Friday.

These measures, aimed at legitimate economic activities, are yet another proof of Russia’s non-compliance with international law and rules,” said a spokesperson of the EU diplomatic service, in a statement.

He said the measures confirmed that Russia, which is waging war against Ukraine, has been “an unpredictable actor in the economic field as well and has created a business climate that is arbitrary and hostile to foreign investors.”

“The European Union requests Russia to reverse these measures and to seek acceptable solutions with the European companies targeted by them,” the statement reads.

Ariston declared on Saturday that it was “extremely surprised” by this move and that it is evaluating the implications of the decree from the point of view of governance and management.

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