Rome, March 26, 2025 (AFP) - Putin cancels nationalisation of Italy's Ariston's Russian unit

NAMPA / AFP

2025-03-26

Russian President Vladimir Putin on Wednesday reversed the temporary nationalisation of Italian appliance maker Ariston's Russian unit, whose seizure a year ago led to angry recriminations between the two countries. Ariston said in a statement that a decree signed by Putin "restored ownership and full management" of the Russian subsidiary to Ariston's parent company. There was no comment from Putin or Russian authorities about why the decision w......

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