Overview
- Glavprodukt, an American-owned company seized by the Kremlin in October 2024, has been repurposed to supply food to the Russian army and national guard.
- A letter from the company's new management revealed plans to ensure stable production for military use, with a court hearing on its fate scheduled for April 18, 2025.
- The U.S. Secretary of State Marco Rubio has indicated that the treatment of Glavprodukt will be a topic in U.S.-Russia diplomatic talks about resetting relations.
- Russian authorities accuse Glavprodukt’s American owner, Leonid Smirnov, of financial misconduct, which he denies, calling the seizure a 'Russian-style corporate raid.'
- This expropriation is part of a broader Kremlin strategy to seize foreign-owned assets for wartime logistics, following similar actions against European companies.