Russian Nationalization of Ariston Sparks Diplomatic Action by Italian Government
The Italian government is actively working to prevent Ariston from falling under Russian control. The issue arose when Moscow decided to nationalize the Russian branches of the Italian company. President Vladimir Putin signed a decree for the temporary transfer of Ariston and German Bosch to a Russian company called Gazprom Domestic Systems.
The European Union has condemned the move, citing a failure to comply with international law by Russia. Italy has expressed strong disappointment to the Russian ambassador in Italy over the transfer of Ariston Thermo Rus to a company within the Gazprom group. The Minister of Foreign Affairs, Antonio Tajani, is closely monitoring the situation and is prepared to work with G7 and EU partners to address the consequences of Russia’s decision.
The Minister of Business and Made in Italy had discussions with the Ariston Group regarding the transfer of their Russian subsidiary to Gazprom. The Italian government is working with the European Commission to protect Italian and European companies affected by similar actions by Russia. The Italian authorities attribute any negative consequences of deteriorating relations between Russia and Italy to Russia’s actions, not their own.
In conclusion, the Italian government is taking diplomatic steps to address the situation and protect the interests of Italian companies affected by the Russian decision. The ongoing dialogue and cooperation between Italy and its international partners demonstrate a united front against actions that undermine international law and business interests.