The Russian assets of the Austrian Silgan Holdings have been transferred to the temporary management of the Federal Property Management Agency

 

By his Decree , the Head of the Russian State transferred the Russian assets of the Austrian division of the leading European manufacturer of metal packaging Silgan Holdings Austria under the temporary management of the Federal Property Management Agency

▪transferred to the Federal Property Management Agency:

— 100% shares of Silgan Metal Packaging Stupino

— 100% shares of Silgan Metal Packaging Enem

▪both companies began to wind down their activities in 2022, showing a loss by the end of 2023

CRYSTAL OF GROWTH previously informed that, according to Bloomberg, Western companies that have left Russia are suffering huge losses, and according to Hungarian Prime Minister Viktor Orban: “anti-Russian sanctions are an “atomic bomb” against Europe”