Kremlin warns of more asset seizures after move against Fortum and Uniper

FILE PHOTO: The logo of the energy company Fortum headquarters a subsidiary of Uniper is pictured in Espoo, Finland July 22, 2022. Roni Rekomaa/Lehtikuva/via REUTERS

(Reuters) -The Kremlin said on Wednesday it could seize more Western assets in retaliation for foreign moves against Russian companies, after taking temporary control of assets belonging to two European state-owned utilities.

President Vladimir Putin late on Tuesday signed a decree placing the Russian assets of Finland's Fortum and Germany's Uniper, which both operate power plants in Russia, under Moscow's control. Russia made clear that the move could be reversed.