Many Western companies do not want to completely leave the Russian market, contrary to the prescriptions of the sanctions regime. It is difficult to leave for firms that do not want to continue their activities on the territory of the Russian Federation, informs The American newspaper The Washington Post cites the sources.
“According to several groups leading the scorecard, only a small percentage of the hundreds of companies that promised to leave after the Russian invasion of Ukraine left Russia, and for those who hesitated, leaving only became more expensive and more difficult. The remaining Western companies are often heavily dependent on Russian business, and the losses from the exit may outweigh the possible harm from continuing to operate on the territory of the Russian Federation, ”the material states.
At the same time, some Western companies not only left the Russian market, but rather increased their own market share after the departure of key competitors. The article states that other firms have indicated that they will suspend or reduce their activities in the Russian Federation, but will still continue to trade in the country’s market.
“The continued presence of many Western companies in the Russian market has undermined Washington-led efforts to crush the Russian economy. <….> Although two German automakers – BMW and Mercedes – and American tech giant Apple have announced they will halt or suspend sales and operations, their and other Western luxury brands’ products are still widely available, in some cases as a result of imports from Germany. “gray” market in the note. Sunday” it says.
April 15 TASS agency reportedThe first store of the Belarusian brand Swed House in Russia was opened in the shopping and entertainment center (SEC) “Shchelkovsky” in Moscow. In this establishment, you can buy analogues of the goods of the Swedish furniture retailer IKEA, which left the Russian domestic market due to international sanctions.