A Russian court today ordered the seizure of KDV Group of Denis Styngelov – resident of Australia – after describing the billionaire himself as “extremists” as “extremists” as “extremists”.

THE KDV Group He is a major snack producer and pastry products. Has In Russia 10 factories which produce around 700 different products.

Denis Styngelov is also owner of the Yarche supermarket chain!which has more than 1,300 stores.

According to Forbes, his property is up to $ 1.4 billion.

This is another seizure of domestic assets by the Russian state through the courts.

This year a gold company, a cereal trading company and a Moscow airport have also been nationalized.

Source of photography ru.wikipedia.org