GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
Putin hands Russian state right to take control of badly protected infrastructure objects - Finance news and analysis from Global Banking & Finance Review
Finance

Putin hands Russian state right to take control of badly protected infrastructure objects

Published by Global Banking & Finance Review

Posted on August 24, 2026

2 min read

· Last updated: August 24, 2026

Add as preferred source on Google

Putin Grants Russian State Authority Over Threatened Infrastructure Assets

Russian State Gains Emergency Control Over Critical Infrastructure

MOSCOW, Aug 24 (Reuters) - President Vladimir Putin on Monday handed the Russian state the authority to take control of critically-important infrastructure facilities if they are deemed to be poorly protected from Ukrainian drone attacks and other threats.

Details of the Presidential Decree

The special powers, set out in a presidential decree, will allow the state to take over temporary administration of such facilities at a time when Ukraine has stepped up drone attacks on oil refineries and retail warehouses.

Scope of State Control

The state will be able to take control of physical and financial assets and formal ownership rights if the entities responsible for such facilities are judged to have failed in their duty to protect them and are too slow to repair them after any attack, according to the decree.

Types of Infrastructure Covered

It listed fuel, energy, industrial, communications, transport and logistics facilities and other objects regarded as critically-important for ensuring the security and economic stability of the state and the population as falling within the new decree's scope.

Recent Attacks and Government Response

Putin last week ordered the government to launch a programme to rebuild commercial warehouses damaged or destroyed by Ukraine in recent weeks.

Impact on Russian Retailers

Kyiv has attacked at least two dozen warehouses belonging to Russia's top online retailer Wildberries since July 18, destroying a large chunk of its storage capacity. On Monday, Russia's second-largest online retailer Ozon, said four of its logistics hubs in southern Russia had been targeted in Ukrainian attacks.

Reporting and Editing

(Reporting by ReutersEditing by Andrew Osborn)

Key Takeaways

  • The new decree (Presidential Decree No. 604) enables the government to impose temporary state administration over assets, including ownership rights, if security obligations are unmet, with the Federal Agency for State Property Management serving as default administrator (tks.ru).
  • This move responds to intensified Ukrainian drone strikes on key infrastructure, notably warehouses of Wildberries and Ozon, which have sustained significant damage across multiple regions (investing.com).
  • Wildberries has had more than a dozen warehouses hit since mid‑July — roughly 10 % of its capacity — while Ozon’s southern logistics hubs were targeted over the past weekend, highlighting the strategic pressure on Russian e‑commerce infrastructure (live.euronext.com).

References

Frequently Asked Questions

What authority does Putin's decree grant the Russian state?
Putin's decree allows the state to take temporary control of critical infrastructure deemed poorly protected against threats such as drone attacks.
Which infrastructure sectors are affected by the new decree?
Sectors including fuel, energy, industrial, communications, transport, and logistics are covered by the decree.
When can the Russian state take over infrastructure assets?
The state can assume control if responsible entities fail to protect or repair assets after attacks in a timely manner.
What prompted the announcement of this decree?
An increase in Ukrainian drone attacks on Russian facilities such as oil refineries and retail warehouses prompted the decree.
What recent examples of attacks were cited in the article?
Warehouses belonging to Wildberries and logistics hubs of Ozon in southern Russia were cited as recent attack targets.

Tags

Related Articles

More from Finance

Explore more articles in the Finance category