Russian authorities have placed the assets of the German retail chain Metro Cash & Carry in Russia under temporary management, according to a decree signed today by President Vladimir Putin. The move signals further tightening of control over foreign assets within the country. Details regarding the reasons for the seizure remain limited, but it follows a pattern of similar actions taken against Western companies since the start of the conflict in Ukraine. The temporary administration will oversee Metro’s operations across Russia, impacting its numerous stores and logistical networks. This decision is expected to further disrupt the retail sector in Russia and potentially impact supply chains. It remains unclear what the long-term implications will be for Metro's presence in the Russian market. The decree's implementation will likely be closely watched by other foreign businesses operating in Russia.