Western firms ‘backtracking’ on Russia exit plans – FT ...News

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Western firms ‘backtracking’ on Russia exit plans – FT
Russia’s strong economic performance is making the country more appealing for multinationals, the outlet reports More than half of the foreign businesses that announced plans to leave Russia after the start of the Ukraine conflict have remained in the country, the Financial Times reported on Monday. A rebound in consumer activity and “bureaucratic obstacles” are making the companies stay, the outlet suggested. British businesses such as cosmetics brand Avon and consumer goods company Reckitt, as well as French industrial gas producer Air Liquide, are among 2,173 overseas firms that continue to operate in Russia as

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