Which companies are pulling out of Russia? | BBC News


Thirty years ago when communism collapsed in the Soviet Union, Western firms stepped up their presence in Russia.

The arrival of big Western companies symbolised the start of a new era with Russians becoming eager consumers of brands ranging from fast-food chain McDonalds to Levi jeans and luxury goods.

Now, in the wake of President Putin’s invasion of Ukraine, a growing number of firms have suspended activities in Russia.

So which firms, in which sectors, are exiting and why have others held back?

Read More

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s