Putin transferred Japan Tobacco International’s Russian assets to a firm owned by a former FSB officer, r...

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Putin placed three more Russian assets of Japan Tobacco International under temporary management. Under Vladimir Putin’s decree, the company Industrial Assets became the temporary manager of JSC Pereslavl-Tabak, LLC J.T.I. Innovative Products and LLC J.T.I.…

Putin transferred Japan Tobacco International’s Russian assets to a firm owned by a former FSB officer that was registered two months ago

JSC Industrial Assets, which was appointed temporary manager, was founded by Sergei Dremov in Moscow in September 2026.

Kommersant reports that Dremov is a co-owner of the Lider boxing club in annexed Crimea and LLC Akatsiya, as well as a former commander of a military unit in Ufa that no longer exists. Media reports have also identified Sergei Dremov as a former FSB officer.

We consider it inappropriate to comment on the motives behind government decisions on behalf of the company, and we fully recognize the importance of strengthening the country’s economic security and technological self-sufficiency,

Industrial Assets CEO Anton Pivovarov told the publication.

🔵A similar transfer previously took place involving the Russian assets of Nestlé and Auchan: they were placed under the temporary management of L.E.V. Management, whose director, Interior Ministry General Andrei Krayushkin, had been appointed a week before Putin’s decree.

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