Russia exits cost Western firms over $100 billion – Reuters ...News

Russia Today - Economy
Russia exits cost Western firms over $100 billion – Reuters
source : Russia Today ( News ) () 41
Moscow has introduced tight requirements for companies wishing to divest, ensuring local buyers receive major discounts on businesses that are leaving Western companies that have left the Russian market amid sanctions have suffered billions in write-downs and lost revenue, Reuters reported on Thursday, citing calculations based on company filings and statements. The US and its allies have placed unprecedented sanctions on Russia over the past two years in retaliation for Moscow’s military operation against Ukraine. The measures have led to significant problems for Western firms operating in Russia, including with

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