According to the University of Yale, after the start of the war, more than 1000 transnational corporations have been suspended activities in the Russian Federation. Some companies consider the possibility of return, but the return of the mass is not mentioned.
Despite the possible termination of the Russian Federation against Ukraine and the lifting of penalties, large German companies do not intend to return to the Russian market. Deutsche Welle reported this on Tuesday, March 11.
The representative of one of the largest manufacturers in the world said the return is not considered under any circumstances. Volkswagen Automobile’s concern also does not intend to continue activities in Russia. Bosch noted that there are no plans and believe it is too early to discuss it.
The representative of the industrial Siemens, who worked in Russia for 170 years and had 2700 employees, noted that participation in the Russian market was not yet. The manufacturer of sportswear Adidas closed all its stores in Russia, stopped online trade and sponsored after invasion of the Russian army in Ukraine. The company representative said nothing has changed, and they do not think about the Russian market in Adidas.
According to the University of Yale, after the start of the war, more than 1000 transnational corporations have been suspended in Russia’s activities. Some companies consider the possibility of return, but the return of the mass is not even mentioned.
The head of the American Chamber of Commerce in Russia Robert Aiji suggests that if negotiations at the end of the war are successful, by the end of the year, the Russian market work can continue 4-5 foreign companies.
Earlier, the British Bank of the HSBC completed the sale of its own Russian unit of Expobank.
Remember, the French holding Vinci in the decision to finally leave the Russian market.
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Source: korrespondent
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