Asset seizures fortify Fortress Russia

Russia has seized assets worth 3.9 trillion rubles (about $50 billion) over the past three years, marking a shift toward an economic model dubbed "Fortress Russia," according to Kommersant and Moscow law firm NSP. The nationalizations affect not only Western companies like Carlsberg and Danone but also domestic firms, with seizures justified by claims of strategic need, corruption, mismanagement, privatization violations, or extremism.