Russia's new business ombudsman says state takes control of foreign companies as they are mere "fronts"
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All 1 reports on Thu, 5 November 2026
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Thu, 5 November 2026
1 report- bne IntelliNews12:09first to report
Credit: bne IntelliNews A little-known company with five staff and RUB10,000 of capital can end up running large foreign assets in Russia, business ombudsman Alexander Shokhin told Kommersant, calling such managers front companies.