Russian President Vladimir Putin has signed a decree on the transfer of assets of Japan Tobacco International (JTI) to temporary management. The relevant document has been published on the portal of legal acts.
JSC "Industrial Assets" has been appointed as the Manager.
We are talking about: J.T.I. Donskoy Tabak LLC (99.9999% owned by J.T.I. Russia LLC, 0.0001% owned by Pereslavl—Tabak JSC), J.T.I. Yelets LLC (65.64% owned by JT International Holding B.V., 18.85% — J.T.I. Russia LLC, 15.51% — Petro LLC), as well as 100 Kres Neva and 100% Petro LLC (owned by JTI Investments Sarl).
Japan Tobacco International (JTI) is an international tobacco company, a subsidiary of the Japanese holding company Japan Tobacco Inc. (JT), one of the largest manufacturers of tobacco products. The JTI headquarters is located in Geneva (Switzerland).
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