Vladimir Putin ordered the seizure of Danone and Carlsberg’s Russian operations after businessmen close to the Kremlin expressed an interest in the assets, according to people close to the decision.
On Tuesday the government appointed Yakub Zakriev, Chechnya’s agriculture minister, as head of the Danone business and installed Teimuraz Bolloev, a longtime friend of Putin, as director of Carlsberg’s Baltika subsidiary.
Zakriev, 34, is a close ally of the region’s strongman leader Ramzan Kadyrov, while Bolloev, who previously ran Baltika in the 1990s, is reportedly close to billionaires Yuri and Mikhail Kovalchuk.
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