More than 500 foreign companies have left Russia since February 24, 2022

No time to read?
Get a summary

After the start of the special military operation (SVO) in Ukraine, more than 500 foreign companies restricted their activities in Russia. calculated Based on the content of the Associated Press, Yale University database.

As the publication wrote, the management of 151 more organizations today is in the process of liquidating their business. Another 175 companies are trying to “gain time”, while 230 are delaying. The latter are predominantly Chinese businesses.

Jeffrey Sonnenfeld, head of the Yale database, expressed the view that leaving the companies out of Russia was the only right business decision, because after that the value of their securities rose.

This week, Izvestia newspaper referred to a message from Viktor Yevtukhov, Deputy Minister of Industry and Trade. WroteJapanese department store chain Uniqlo has decided to leave Russia altogether.

on the eve of Izvestia Wrote About plans to open more than 400 domestic fashion retailers in Russia this year, including Gloria Jeans, Stockmann and Melon Fashion Group (brands Zarina, Befree, Love Republic, Sela).

No time to read?
Get a summary
Previous Article

A giant Xian warrior for the Esplanade

Next Article

Driver of Kiev-Pechersk Lavra in Ukraine accused of making pro-Russian statements