Russia faces exodus of major firms as war in Ukraine continues
list of companies discontinuing business in Russia is growing due to sanctions imposed by countries worldwide. This has an impact on every sector of the economy, from energy to automobiles, banking, retail, entertainment, and food & beverages
By Ishika Dangayach
Published - Apr 07, 2022, 05:17 PM ET
Last Updated - Feb 22, 2024, 10:11 AM EST
• More than 600 international companies have declared Russia's exit
• Around 155 enterprises have resisted calls to withdraw or curtail Russian operations
Many global businesses and brands have suspended operations in or with Russia as war in Ukraine continues.
The list of companies discontinuing business in Russia is growing due to sanctions imposed by countries worldwide. This has an impact on every sector of the economy, from energy to automobiles, banking, retail, entertainment, and food & beverages.
