News about JTI: events, facts and developments on tafs uz.
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A decree by Vladimir Putin, published on the official legal information portal, transfers 100% of the shares in the charter capital of Petro LLC, owned by JTI Investments Sarl, to the temporary management of Industrial Assets JSC. This concerns a structure linked to a tobacco factory in St. Petersburg.
Aziz KarimovAfter Vladimir Putin's decree transferring Japan Tobacco's Russian assets to the administration of JSC Industrial Assets, Tokyo lodged a protest with Moscow and sent officials to resolve the situation.
Otabek YusupovThe Russian division of Japan Tobacco said it is analyzing the situation after Vladimir Putin's decree transferring the company's stakes in five enterprises to the temporary management of JSC Industrial Assets. No further steps have been announced yet.
Otabek YusupovOn November 5, 2026, Vladimir Putin signed a decree transferring Japan Tobacco's stakes in Russian production facilities to external administration. The factories in St. Petersburg, Rostov-on-Don, and the Lipetsk and Leningrad regions came under control. JTI — the largest cigarette producer in Russia with a share of about 40% of the market — said it is studying the consequences of the decision.
Otabek Yusupov
