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Russian businessmen warned of risks of forced transfer of assets to the state

OligarchsRussian businessmen warned of risks of forced transfer of assets to the state

Russian businessmen warned of risks of forced transfer of assets to the state

Putin’s decree has alarmed business – suppliers fear hidden nationalization.

The decree on the suspension of ownership rights for violation of state contracts has caused concern among representatives of the aviation industry, Kommersant reports. Officially, the document applies to companies in martial law zones (four annexed regions of Ukraine), but experts warn that it may be applied across the country.

Lawyers believe that the geography of application will depend on the will of officials, and the suspension of rights could lead to the forcible transfer of businesses to state ownership. Some companies already fear an exodus of private capital from civil projects and losses under external management. Suppliers explain the reasons for supply disruptions not by sabotage, but by the lack of long-term contracts and the inability to plan production.

Context: sanctions have restricted the supply of Western aircraft and spare parts. The authorities have promised to replace them with domestic machines, but serial production is delayed. At the same time, a wave of property redistribution is growing in Russia: courts are already considering lawsuits to nationalize assets worth more than 1 trillion rubles.

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