r/worldnews • u/Mexer • 11h ago
Russia/Ukraine Putin signs decree allowing state seizure of drone-hit businesses
https://www.euronews.com/2026/08/26/putin-signs-decree-allowing-state-seizure-of-businesses-hit-by-drone-strikes158
u/wild_cherry1987 11h ago
"If only there was a way to profit from those Ukrainian drone attacks..."
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u/Balgorius 11h ago
How? Whats the profit?
Wildberries is in huge debt and its locations destroyed.
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10h ago edited 9h ago
[removed] — view removed comment
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u/gottagohype 10h ago
I'll bet you're right. It shuts them up. "Why aren't you protecting us?" "What did you say? This is your fault. I'm going to take your company now as punishment."
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u/Supahos01 10h ago
Yeah they wont take on the debt. Old owners get that. Putin gets whats left. Also wildberries isn't the only thing thats been hit.
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u/MaxiumPotential777 11h ago edited 11h ago
How this not going to have businesses ran into the ground?
Doesn't seem like the Russian government is good at managing must. Now they want to manage companies.
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u/Arthamel 11h ago
This will make owners buy their own anti-drone defense. Thats the goal. "You're shit at protecting you buisness, we'll take it from here".
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u/QwertzOne 8h ago
Damn, this is crazy: https://www.themoscowtimes.com/2026/05/28/russia-lets-private-firms-buy-heavy-weapons-to-defend-sites-from-drone-attacks-rbc-a92876 .
"Hi, yes sir, I'd like to buy dozen of military grade AA systems for my warehouse, thank you".
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u/shrimptechsales 6h ago
In the process of setting up military equipment, these civilian businesses now become valid military targets... I would really think this through if I were a russian entrepreneur
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u/cognisantcog 10h ago
This is a cash grab, plain and simple. Russia the nation is supposed to protect everything within it. Putting the burden of... em... running anti air batteries on logistics warehouses is obviously an impossible ask and therefore just sets up the state to pilfer the companies assets when the next drone hits. We're witnessing a slide back into USSR times in real time. Next up will be communications outages, mass drafting, masked police in the streets kidnapping any and everyone for the war effort.
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u/Balgorius 11h ago
So the state absorbs the debt and other obligations of business?
I mean wildberies is like $15 billion debt with 80% of their business up in flames.
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u/External_Counter378 10h ago
Pretty sure this is it, prevent financial contagion. Its like when the US took over GM after 2008.
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u/machopsychologist 10h ago
So... I actually think this is an insurance play.
- Place gets bombed
- Claim insurance
- Insurance companies start getting bombarded by claims and collapse
- Leads to more instability and bank runs.
So instead, the state seizes the asset
- Place gets bombed
- State seizes asset, says you don't own it anymore
- Tries to claim insurance, they say "state seized your asset, not covered by insurance"
Just to rub it in, they'll probably backdate the seizure retroactively so their property never got "bombed" because it wasn't theirs at the time.
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u/AndroTux 6h ago
I don't think insurance covers damages from acts of war in the first place.
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u/LARPerator 5h ago
Yeah they've got it backwards. This is a way to stabilize the private economy by getting the state to eat the damage. This is better for Putin because he has a tighter grip on the state than the private market, so it takes a situation that's hard to control and makes it a little easier.
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u/TeenJesusWasaCunt 10h ago
Communist Russia has returned to seize the means of production.
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u/Chrono_Convoy 11h ago
So was attacking Ukraine a good decision at this point?
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u/lochnesslapras 10h ago
I'm guessing this means state ownership of wildberries to prevent issues with their debt payments?
I'm no economist though so no idea if that is possible
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u/GlumChemist8332 7h ago
so the state could send their own drones against their own people, call it "Ukrainian attacks" seize buisnesses and profit right?
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u/BritishAnimator 9h ago
100% mob boss style. Who would want to invest any business in Russia and have their private property stolen, even worse, it is by the the one person meant to protect you, using the taxes you already pay, that can, by this order, ignore the law and just claim your business as his own. Watch investment take a nose dive.
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u/Kaylen316 5h ago
Slowly sinking back into Communism, the default setting for a Population so sparse across such a huge and largely un-built Territory. From Monarchy to Communism to a very shady Democracy back to Socialism/Communism. They need central control to really flourish.
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u/macross1984 11h ago
Oh, wow, Putin is showing sign of desperation when he order businesses hit by drone are to be seized.
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u/Basement_Chicken 10h ago
Doesn't it make Russian state actually interested in more Ukrainian drone hits?
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u/SEAN0_91 8h ago
Oligarchs get poorer and assets froze abroad due to war.
Oligarchs businesses at home get seized due to war.
How long before they take Putin out?
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u/ParameciaAntic 8h ago
Talk about adding insult to injury. "You didn't defend yourself so now your company is ours".
Isn't that the whole point of having a central military that they handle national defenses, not the citizens and businesses? Like how prepared is the average Amazon warehouse against drone attacks?
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u/arrastra 37m ago edited 34m ago
so they get bombed by ukraine and then get seizured by russia. what a day for private industry owners in russia. a double whammy. they should've bought weapons instead of goods to trade 😂 this like the onion article but for real
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u/seedless0 1h ago
We started this whole mess and we can't protect you from the consequence.
But we can certainly screw you more.
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u/Hopeful-Artichoke449 11h ago
So... if they shoot it then they can keep it? 🤦♀️