L.E.V. Menedzhment takes control of Nestle Russia
Russian assets of Nestle (LLC "Nestle Russia" and LLC "Nestle Kuban") were transferred to temporary management of the company on September 17.
Consensus
- AO 'L.E.V. Menedzhment’ was appointed as the sole entity authorized to act on behalf of LLC 'Nestle Russia' without a power of attorney.
- The change was registered in the Unified State Register of Legal Entities (EGRUL) on September 23.
- The appointment followed a presidential decree signed by Vladimir Putin on September 17.
- The temporary management applies to all Russian assets of Nestle, including LLC 'Nestle Russia' and LLC 'Nestle Kuban'.
- The general director of 'Nestle Russia', Denis Voyt yuk, remains in his position as executive director.
- The general director of 'Nestle Kuban', Yevgeny Ponomarev, continues to act on behalf of the company.
- The temporary management does not imply a change in ownership of the assets.
- Other companies under temporary management include 'Auchan', 'Lemana PRO', and 'FM Logistic'.
- New general directors were appointed for 'Auchan Russia' (Ilya Berdnikov), 'Lemana PRO' (Denis Isaev), and Russian entities of 'FM Logistic' (Yevgeny Nenashyev).
- Nestle Russia stated it continues its commercial activities in full and will fulfill all obligations.
Points of divergence
- Andrey Kraushkin, head of 'L.E.V. Menedzhment', stated in a letter to employees that the company would continue operations under Denis Voyt yuk's leadership. — vesti
- The presidential decree also transferred 'Auchan' and 'Lemana PRO' under temporary management, with new general directors appointed. — vm
- The presidential decree covers 16 Russian legal entities, including 100% of 'Nestle Russia' and 'Nestle Kuban', and 'Auchan' with shares held by French Sogepar and Dutch Meelakker B.V. — vedomosti
- The decree transferred 84.082% of 'Nestle Russia' to Swiss Nestlé S.A. and 15.918% to German Nestlé Deutschland AG. — fontanka
- The decree transferred assets of 'Lemana PRO', 'Auchan', and 'FM Logistic' under temporary management. — kommersant
Coverage (5 sources)
- L.E.V. became the sole manager of Nestle in Russia — Вести
- LEV took over management of Nestle assets in Russia — Вечерняя Москва
- «L.E.V. Management» received authority to represent «Nestle Russia» — Ведомости
- At "Nestle Russia" management has changed: what happened after Putin's decree — Фонтанка
- «L.E.V. Management» became the managing organization of the Nestle asset in Russia — Коммерсантъ
Key entities
- LEV Management
- Denis Voytjuk
- Nestlé
- Nestle Russia LLC
- Russia
- LLC L.E.V. Management
- EGRUL
- Nestle Russia
- Vladimir Putin
- Moscow
- RBC
- Unified State Register of Legal Entities (EGRUL)
- LEV