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Paris demands Russia 'reverse' grab of French companies' assets

Published on September 18, 2026 at 21:26

France on Friday urged Russia to "reverse" its decision to grab control of several French companies' subsidiaries, which the Kremlin has justified as a blow against firms from "unfriendly" countries backing Ukraine.

"France condemns the placement of Russian subsidiaries of several French and European companies under provisional administration without justification," said a joint by France's foreign and economy ministries.

The French government is in contact with the affected companies "and calls on Russian authorities to reverse this decision", the statement said.

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