President Vladimir Putin had promised a response. Speaking Thursday at a meeting with government officials, he backed a plan to introduce “external management” of foreign companies leaving Russia.
“We need to act decisively with those [companies] who are going to close their production,” Putin said according to a video posted by the Kremlin and aired on state media. “It is necessary, then … to introduce external management and then transfer these enterprises to those who want to work, ” he added.
Russian Prime Minister Mikhail Mishustin said earlier that legislation had been drafted.
“If foreign owners close the company unreasonably, then in such cases the government proposes to introduce external administration. Depending on the decision of the owner, it will determine the future fate of the enterprise,” Mishustin said, according to the Kremlin.
“The key task will be to preserve … the activities of organizations and jobs. Most businesses are announcing a temporary suspension while maintaining jobs and wages, and we will be closely monitoring this situation,” he added.
Russia’s consumer rights organization has drawn up a list of companies that have decided to leave and could be nationalized, according to a report in Russian newspaper Izvestiya later cited by state news agency TASS.
The Russian government earlier Thursday issued a list of goods and equipment previously imported Russia that companies would be banned from transferring out of the country.
According to a statement published on the government’s website, the list includes over 200 items, including “technological, telecommunications, medical equipment, vehicles, agricultural machinery, electrical equipment” as well as “railway cars and locomotives, containers, turbines, metal and stone processing machines, monitors, projectors, consoles and panels.”
Those restrictions will remain in effect until the end of 2022.
— CNN’s Chris Liakos contributed to this article