Business
Russia Takes Control of Japan Tobacco's Russian Factories
Vladimir Putin has ordered the government to take over the local business of the Japanese tobacco giant.
A view of a JTI tobacco factory sign under a cloudy sky.
By John Doe
Reporting from Russia 
Nov. 7, 2026, 1:03 p.m. - 2 hours ago
The Russian government is now in charge of Japan Tobacco International’s factories in Russia. President Vladimir Putin signed an order to take over the company's local operations.
This move puts the Russian government in control of a business that is a major part of the tobacco market in the region. Japan Tobacco International (JTI) is a huge company based in Japan. They have been running factories in Russia for a long time.
The Japanese government is not happy about this. They have officially protested the move, calling the takeover unfair.
This is not the first time Russia has taken control of assets belonging to companies from other countries. Since the war in Ukraine started, many foreign businesses have tried to leave Russia. When they do, the Russian government often steps in to seize their factories and local equipment.
For now, the future of these tobacco factories and the people who work in them remains unclear. The move has already affected the company’s stock price as investors worry about what might happen next.
Source: WSJ
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