The number of Russian companies registered in Kazakhstan has doubled since 2021, exceeding 23 thousand legal entities. writes about this RIA News According to data from investment bank Halyk Finance.
The research stated, “The pressure of Western sanctions continues to encourage Russian businesses to move to Kazakhstan.”
The most notable changes have occurred in the IT sector; Within 12 months, the number of Russian enterprises specializing in this sector registered in Kazakhstan increased sevenfold.
A significant flow was also observed in the professional scientific and technical field (3.4 times) and in the educational field (3.6 times).
At the same time, the increase in the number of Russian companies in the country at the end of the year outpaced overall business growth (21.7 percent versus 16.1 percent).
Last week, Cypriot officials expressed Concerns about mass departures of Russian companies from their jurisdictions. More than 10 giants, including Fix Price and Ozon, decided to leave the republic.
Previously recognizedWhen the main structure of Tinkoff Bank completed the “relocation” from Cyprus to Russia.