According to a declaration signed by Russian President Vladimir Putin, the assets of the US-based packaging company Silgan Holdings in Russia have been temporarily transferred to the local government. The company’s facilities in the cities of Stupin and Enem will be operated by the Federal Property Management Agency, the declaration stated.
Silgan Holdings, one of the world’s leading companies, is headquartered in the United States and is a pioneer in the packaging sector. Similar sanctions have been imposed on Russia before, and some Western companies have had their assets taken under receivership.