General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRussia proposes nationalising foreign-owned factories that shut operations
Link to tweet
https://www.reuters.com/business/russia-proposes-nationalising-foreign-owned-factories-that-shut-operations-2022-03-08/
No paywall
https://archive.ph/U0W5n
COPENHAGEN, March 8 (Reuters) - A senior member of Russia's ruling party has proposed nationalising foreign-owned factories that shut down operations in the country over what the Kremlin calls a special military operation in Ukraine.
Several foreign companies including Toyota (7203.T), Nike and home furnishings retailer IKEA have announced temporary shutdowns of stores and factories in Russia in order to put pressure on the Kremlin to stop its invasion of neighbouring Ukraine. read more
In a statement published on Monday evening on the United Russia website, the secretary of the ruling party's general council Andrei Turchak said that shutting operations was a "war" against the citizens of Russia.
The statement mentioned Finnish privately-owned food companies Fazer, Valio and Paulig as the latest to announce closures in Russia.
"United Russia proposes nationalising production plants of the companies that announce their exit and the closure of production in Russia during the special operation in Ukraine," Turchak said.
*snip*
SoonerPride
(12,286 posts)These plants won't be operational very long
PortTack
(32,819 posts)Themselves soon, let alone buy merchandise
BlueIdaho
(13,582 posts)Its pretty damn obvious that these sorts of decisions make it highly unlikely any foreign business will ever invest in Russia again. They are pushing themselves back into the darkest days of the Cold War. Fuck them.
Quakerfriend
(5,456 posts)looting to take care of their own needs.
flying_wahini
(6,684 posts)How will they supply the goods to manufacture anything?
Them calling shutting down factories war is rich.
Maybe the workers wont return to their old jobs if it means Putin will be pissed.
PortTack
(32,819 posts)Work force..i.e. slave labor too?
Chainfire
(17,715 posts)Moves like that are self destructive, because they will have consequences long after the Ukrainian War is in the history books.
His desperation is showing, that means that he is losing.
roamer65
(36,748 posts)Happy Hoosier
(7,454 posts)Hugin
(33,222 posts)Watches without the works, dial less radios, sealed empty food cans, sleeveless parkas, and other wonders produced by a quota driven workforce hostile due to not sharing in the rewards of their labor. Maybe it is time to reopen the gallery.
orwell
(7,781 posts)It's not a war, it's a "special operation".
lindysalsagal
(20,785 posts)The surprise is that anyone would go to Russia and trust the monster.
Coventina
(27,223 posts)How stupid are these people, anyway?