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Russia seizes control of US-linked firm as it pushes for renewed ties with Washington
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A Pennsylvania-linked manufacturer has been stripped of control over its Russian operations under a Kremlin order, raising fresh risks for Western companies as Moscow courts renewed economic ties with the United States.
CANPACK, a global aluminum beverage can manufacturer owned by a Pennsylvania-based holding company, operates in multiple countries across Europe and North America and said its Russian business — valued at roughly $700 million — was placed under state «external administration» by a Dec. 31, 2025, decree signed by President Vladimir Putin, effectively transferring control of 100% of its shares to state-appointed managers.
CEO Peter Giorgi said the company lost all operational authority after administrators arrived in mid-January.
«I’m only a nominal shareholder,» Giorgi said in an interview with Fox News Digital. «I lose all control of the company.»
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The case underscores the risks facing Western companies that remained in Russia during the war, even as Moscow signals interest in rebuilding economic ties with Washington as part of potential peace negotiations.
Putin’s envoy for foreign investment, Kirill Dmitriev, is in the United States meeting with officials in President Donald Trump’s administration to discuss a potential Ukraine peace deal and future economic cooperation, according to Reuters.
Analysts say the move is part of a broader shift in Russia’s handling of foreign-owned assets since the Ukraine War.
«Let’s not be U.S.-centric about that,» said Alexander Kolyandr, a fellow at the Center for European Policy Analysis. «CANPACK is not alone.»
Russian President Vladimir Putin delivers a speech during a meeting of the Federal Security Service board in Moscow, Russia, on Feb. 24, 2026. (Mikhail Metzel/Sputnik/Pool/Reuters)
CANPACK has operated in Russia for nearly 30 years and held an estimated 35%–40% share of the country’s aluminum beverage can market, according to the company, underscoring the scale of the takeover.
The company has had no direct access to, or communication with, its Russian operations since the move, according to a person familiar with the matter, and several senior executives — including the general manager and chief financial officer — were removed following the takeover.
Company officials say executives in Russia have faced pressure from state-appointed administrators, including demands to approve financial decisions under threat of dismissal or other consequences.
The situation has not changed in recent months, according to the officials. The company’s Russian operations remain under external administration, with no restoration of control or ownership as of April.
The move falls under a legal framework introduced in 2023 allowing the Russian government to place certain foreign-owned assets under temporary state control.
The decree identified a company called Stalelement as the entity overseeing the assets, which company representatives describe as a shell entity with ties to the Russian government.
The company has raised the issue with U.S. officials, but no formal action has been taken.
The Kremlin has seized a U.S.-linked company operating in Russia under temporary external administration, barring its owners from access. (Kremlin Press Office / Handout/Anadolu Agency via Getty Images)
Russian business daily Vedomosti reported in February that CANPACK’s Russian division donated approximately 500 million rubles to a pro-Kremlin fund supporting Russia’s war effort in Ukraine.
The company believes roughly $18 million was directed to state-linked funds supporting Russian operations, with an additional approximately $6 million sent to a Russian Orthodox church, based on Russian media reports and information relayed by former executives. Fox News has not independently verified those claims.
The estimated transfers represent a small portion of the company’s overall value, but underscore how quickly financial control can shift under external administration.
The company continued operating in Russia after Moscow’s full-scale invasion of Ukraine in 2022, even as many Western firms exited the market.
Giorgi said the company considered leaving but faced challenges unwinding decades of investment and could not find a buyer at a fair price.
«We decided to stay the course,» he said, adding that the company hoped conditions would eventually stabilize.
The same December 2025 decree also targeted the Russian subsidiary of Danish insulation manufacturer Rockwool. Other Western companies, including France’s Danone and brewer Carlsberg, have faced similar actions by Russian authorities in recent years.
«We are talking about dozens of companies,» Kolyandr said.
Kolyandr said U.S.-linked companies have in some cases been treated more cautiously than their European counterparts.
«American companies fared much better than the European ones,» he said, pointing to Moscow’s interest in preserving the possibility of improved ties with Washington.
He said the trend accelerated after Russia’s full-scale invasion of Ukraine in 2022, when Western companies began suspending operations or exiting the market.
«It all started in earnest with the beginning of the war,» he said, adding that it became easier for authorities to take control of assets.
From the Moskva River, the Kremlin and the high-rise and business district of Moskva City (background) can be seen behind the bridge. (Ulf Mauder/picture alliance via Getty Images)
Kolyandr said the policy reflects a wider redistribution of property aimed at bringing profitable or strategic assets under closer state influence.
«It sends a signal across the system that if you do not toe the line, your property may be taken away,» he said.
He added that while the process may generate some revenue for the state, funding the war is unlikely to be the primary driver.
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«On the one hand, it helps to generate a bit of cash for the budget,» he said. «But I don’t think it’s the main reason.»
The Russian Embassy in Washington and the Russian foreign ministry did not respond to requests for comment.
companies, ukraine, vladimir putin, foreign affairs, russia
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Golden eagles, lions and a winged Lady Liberty top Trump’s proposed 250-foot DC Triumphal Arch designs
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The fate of the President Donald Trump-touted 250-foot Triumphal Arch will be decided next week at a White House Commission of Fine Arts (CFA) meeting after the official proposed designs of the monument were filed by the Trump administration and released for the first time Friday.
«I am pleased to announce that TODAY my Administration officially filed the presentation and plans to the highly respected Commission of Fine Arts for what will be the GREATEST and MOST BEAUTIFUL Triumphal Arch, anywhere in the World,» Trump said in Truth Social post.
«This will be a wonderful addition to the Washington D.C. area for all Americans to enjoy for many decades to come!»
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Speculation has swirled about the final look of the proposed arch since late last year, with many iterations making the rounds on social media before the official mock-ups were shared earlier today.
The mock-up, designed by architecture firm Harrison Design, is a 12-page addendum shared on the Commission of Fine Arts official meeting page.
The phrase «ONE NATION UNDER GOD» emblazons the Triumphal Arch in this mock-up design from Harrison Design, as Principal Architect Nicolas Charbonneau is primarily renowned for his work on Catholic churches. The back of the arch has a matching emblem that says «LIBERTY AND JUSTICE FOR ALL.» (Harrison Design via the White House Commission of Fine Arts)
According to those mock-ups, the arch rises to 250 feet, evoking the nation’s 250th anniversary and more than double the height of the nearby 99-foot Lincoln Memorial.
The central opening of the arch in the provided designs is roughly 110 feet high, providing a picture frame effect for both the Lincoln Memorial across the Potomac River and Arlington National Cemetery.
The arch’s location would be roughly equidistant from both landmarks, sitting at the roundabout between Memorial Bridge and Memorial Avenue near the Arlington Cemetery Metro Stop.
The scale would be unlike any monument in Washington, D.C., with the arch theoretically dwarfing nearby memorials and towering above the roadway.
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In this mock-up provided by Harrison Design using an overhead map from Google Earth, the scale and distance of the Triumphal Arch to nearby Washington, D.C., and Arlington, Va., monuments is clarified. (Harrison Design via the White House Commission of Fine Arts)
Friday’s released designs revealed a golden, winged Lady Liberty-style figure atop the arch flanked by two bald eagles crowning the monument and adding even more height to the structure. This is in contrast to previous possible designs Trump posted to social media in January, which had no ornamentation atop the arch.
The most iconic detail released in Friday’s design, emblazoned across the top of the large central archway, are golden letters that say «ONE NATION UNDER GOD» centered on its white stone facade.
Harrison Design confirmed to Fox News Digital that the principal architect behind the arch is Nicolas Charbonneau, the award-winning director of Harrison Design’s Sacred Architecture Studio. He is known primarily for his work on churches.
«The world is ordered so that there’s a harmony to everything,» Charbonneau told The Arlington Catholic Herald. «And we’ve been designed to know that there should be an ordering to what we do. A lot of modern architecture flies in the face of that.»
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In this scale rendering from Harrison Design, the golden, winged Lady Liberty figure atop the Triumphal Arch soars above the structure an additional 60 feet before counting the 24-foot-tall pedestal she adorns. (Harrison Design via the White House Commission of Fine Arts)
According to the mock-ups reviewed by Fox News Digital, there appear to be internal staircases within the arch’s pedestals leading to what is implied to be a viewing deck for visitors to the monument. Four golden lions sit at each corner of the monument, renderings show.
The White House reiterated its goals for the monument in a statement it had previously shared with Fox News Digital earlier this year when asked for comment.
«The Triumphal Arch in Memorial Circle is going to be one of the most iconic landmarks not only in Washington, D.C., but throughout the world,» White House spokesperson Davis Ingle reiterated in a statement to Fox News Digital.
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President Donald Trump holds a model of an arch while delivering remarks during a fundraising dinner for the new ballroom at the White House. (Kevin Dietsch/Getty Images, File)
«It will enhance the visitor experience at Arlington National Cemetery for veterans, the families of the fallen and all Americans alike, serving as a visual reminder of the noble sacrifices borne by so many American heroes throughout our 250-year history so we can enjoy our freedoms today. President Trump will continue to honor our veterans and give the greatest nation on earth — America — the glory it deserves.»
Trump has previously touted the arch, saying he’d «like it to be the biggest one of all,» adding, «We’re the biggest, most powerful nation.»
The Commission of Fine Arts, founded in 1910, consists of members who are personally selected by the sitting president and describes itself as «an independent federal agency charged with giving expert advice to the President, the Congress and the federal and District of Columbia governments on matters of design and aesthetics.»
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The White House Commission of Fine Arts is scheduled to meet Thursday morning in D.C.
The entire packet of renderings of the arch can be viewed here.
Harrison Design did not immediately respond to Fox News Digital’s request for comment on the arch’s design.
washington dc, donald trump, white house, arts, america 250, washington, politics
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Qué significa ver la Tierra desde el espacio: la emoción de los astronautas de Artemis II tras su regreso
Hubo aplausos, risas y llanto. El reciente regreso de los astronautas de Artemis II ofreció una ventana única a las emociones de quienes contemplaron la Tierra desde el espacio. En una conferencia realizada este sábado en el Centro Espacial Johnson de la NASA, la tripulación expuso cómo el vuelo tripulado transformó su manera de percibir el planeta y a la humanidad. El viaje, con más de 252.000 millas recorridas alrededor de la Luna, estableció el récord de mayor distancia alcanzada en la historia de los viajes espaciales.
A menos de 24 horas de regresar, los astronautas describieron que ver la Tierra desde la órbita lunar provocó una conciencia profunda sobre la vulnerabilidad del planeta y el sentido de unidad de quienes lo habitan. Al observar a la Tierra aislada en la oscuridad absoluta, experimentaron una reflexión sobre la fragilidad de la vida y la pertenencia compartida a un hogar común.
El equipo manifestó que la visión alteró profundamente su percepción. Relataron que el planeta, pequeño en la inmensidad del espacio, se asemejaba a un bote salvavidas rodeado de la oscuridad. La experiencia reforzó en ellos el sentimiento de responsabilidad colectiva y conexión con el hogar de la humanidad.
El impacto de ver la Tierra desde el espacio
Para la tripulación de Artemis II, observar la Tierra a la distancia fue una vivencia que superó cualquier imagen conocida. Christina Koch señaló que el planeta parecía diminuto en medio de la “oscuridad del espacio” y evocaba la idea de estar a bordo de un “bote salvavidas” en un océano vacío.
La percepción de unidad y vulnerabilidad emergió como un tema común. Las imágenes de la nave cruzando la órbita lunar recordaron a la tripulación que todos los seres humanos comparten una sola travesía y un destino colectivo en el “planeta Tierra”.
Victor Glover hizo énfasis en el valor de la experiencia y en la importancia del grupo: “Haber visto lo que vimos, haber hecho lo que hicimos y haber estado con quienes estuvimos… Es inmenso”. Los familiares y asistentes, emocionados por sus palabras, los ovacionaron y abrazaron.
El factor humano y la unión del equipo
Además del logro tecnológico, las historias de solidaridad y empatía se destacaron entre los recuerdos del viaje. Christina Koch evocó los gestos simples que marcaron la misión, desde la llamada de su coordinador antes del lanzamiento hasta el abrazo solicitado por una enfermera al regresar.
“Hace diez días, este viaje comenzó cuando nuestro coordinador de la misión llamó a mi puerta. Y terminó anoche cuando mi enfermera en el barco me acostó y me dijo: ‘Señora, ¿me da un abrazo?’”, rememoró con la voz entrecortada de la emoción.
El vínculo entre los miembros de la tripulación se fortaleció en las situaciones de mayor exigencia. Reid Wiseman, comandante del equipo, subrayó el compromiso y el sacrificio mutuo, señalando que en las circunstancias extremas todos priorizaron el bienestar colectivo. “No sé qué decir. Hace 24 horas veía a la Tierra por la ventana, del tamaño de una pelota, y ahora estamos de vuelta en casa”, comparó.
“Sentía como que estaba a punto de realizar el sueño más grande de la vida. Pero cuando estás ahí arriba, solo querés volver a estar con tu familia. No saben lo difícil que es”, agregó.
Por último, el astronauta canadiense y especialista de misión Jeremy Hansen tomó la palabra para compartir su experiencia personal. “Allá arriba había mucha alegría”, comentó, aunque añadió en tono de broma que no siempre se encontraban “en el tren de la alegría”. También quiso referirse al concepto de “amor” y dirigió un mensaje al público: “Cuando mirás hacia arriba, no nos estás mirando a nosotros. Somos un espejo que te refleja”.
Así fue el amerizaje de Artemis II
El amerizaje de la misión Artemis II se produjo este viernes a las 21:07 (hora Argentina) en el Océano Pacífico, tras completar un viaje de 9 días, 1 hora y 32 minutos. La cápsula de la nave Orión regresó a la Tierra luego de recorrer más de un millón de kilómetros y ejecutar una maniobra de reingreso que puso a prueba los límites tecnológicos y humanos del programa lunar de la NASA.
El descenso comenzó con el desacople de Orión del módulo europeo de servicio, dejando expuesto el escudo térmico. La tripulación se preparó para atravesar la atmósfera terrestre a 40.000 km/h, soportando temperaturas de hasta 2.700 ºC.
Durante seis minutos, las comunicaciones permanecieron cortadas, lo que generó incertidumbre entre los equipos de control y el público. A 8.077 metros sobre el océano, la cápsula redujo su velocidad a 523 km/h. En ese punto se activaron los sistemas pirotécnicos para el despliegue secuencial de los paracaídas: primero los paracaídas de la cubierta de la bahía delantera, luego los de frenado y finalmente los principales, que desaceleraron la cápsula a menos de 32 km/h, una velocidad adecuada para el contacto con el agua.
Uno de los desafíos principales fue el rendimiento del escudo térmico, una estructura reforzada con titanio y bloques de Avcoat. El objetivo era evitar daños como los registrados durante el reingreso de Artemis I, cuando se detectaron fragmentaciones en la cápsula no tripulada. En esta ocasión, el escudo resistió temperaturas superiores a 2.760 ºC, más del doble de la lava volcánica y cerca de la mitad de la temperatura superficial del Sol.
Dentro de la cápsula, los astronautas enfrentaron la etapa final concentrados en los procedimientos y el monitoreo de los sistemas. Al amerizar frente a las costas de San Diego, California, la misión Artemis II completó con éxito una etapa clave para el futuro de la exploración lunar y el avance hacia nuevas metas en la exploración espacial tripulada.
Artemis,NASA,Science,Technology,Texas,North America,Science / Technology
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