Russian President Vladimir Putin has seized assets belonging to French company Danone and Danish company Carlsberg in Russia. This move comes after both companies announced their intention to exit the Russian market following the invasion of Ukraine. The presidential decree gives the Russian state temporary control over the shares of Carlsberg's Russian brewery Baltika and Danone's Russian subsidiary. Carlsberg had already found a buyer for its activities in Russia, but the prospects for the sale are now uncertain. Danone said the decision will not impact its financial objectives for 2023. Many multinational companies have left or suspended their activities in Russia since the invasion of Ukraine.

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