Tue, 21-Oct-2025

Kremlin’s Power Move: Big Car Dealership Under Russian Control

Kremlin's Power Move: Big Car Dealership Under Russian Control

Putin seizes Rolf, Russia’s top car dealership. Kremlin cites “economic expediency” for the takeover. Petrov’s accused money transfers raise investment concerns. President Vladimir Putin’s administration has taken control of Rolf, Russia’s largest car dealership, placing it under temporary state management. The move, outlined in a decree published on a government website, is stated to be … Read more