josti5 schreef op 7 augustus 2023 12:15:
Europe's biggest companies reported a combined €100 billion loss from leaving Russia, report says
Since the invasion of Ukraine last year, companies have been scrambling to cut ties with Russia.
An FT survey found that companies lost €100 billion attempting to leave the state.
The Kremlin seized Danone's and Carlsberg's assets last month, Putin is determined to profit from outgoing firms.
European companies have lost more than €100 billion in Russia since its invasion of Ukraine, according to the Financial Times.
From February last year, companies have been pulling out their operations en-masse from the state in response to pressure from investors and consumers.
The FT's survey of 600 firms' financial reports showed that 176 of these have faced balance-sheet losses as a result of the sale, closure, or reduction in Russian business.
Verder lezen:
www.businessinsider.com/european-comp...