H&N

Putin decree places Aptar's Russian plant under state management

Russian President Vladimir Putin has signed a decree placing the 100% stake in Aptar Vladimir, a plastic packaging plant owned via Aptar's Aptar Europe Holding unit, under temporary state management. The appointed manager, H&N, is the entity formerly known as Danone Russia, nationalised under a separate Putin decree in 2023. The decree follows a 17 September 2026 law placing Auchan, Nestle, Lemana PRO and FM Logistic's Russian assets under a different manager, L.E.V. Management.

Why this mattersThe decree extends Russia's seizure of Western-owned assets to a US packaging group, raising expropriation risk for remaining Western manufacturers in the country.

• Putin's decree places 100% of Aptar Vladimir under temporary state management
• Aptar Vladimir is owned by Aptar Europe Holding, part of US-based AptarGroup
• Aptar Vladimir makes plastic packaging in Russia
• Appointed manager is H&N, the legal entity behind the former Danone Russia business
• Danone's Russian arm was nationalised under a separate Putin decree in 2023
• On 17 September 2026 Putin signed a separate law placing Auchan, Nestle, Lemana PRO and FM Logistic's Russian assets under management by L.E.V. Management

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