exodus of companies
it invaded Ukraine, but some have remained — either voluntarily or due to challenges in leaving the Russian market. While over 1,000 companies quickly announced that they were voluntarily cutting back on operations in Russia just two months after the Ukraine war started in February 2022, just 520 companies have managed to make a clean break so far,About 550 foreign companies are still actively operating in the country, according toIt is difficult for multinationals to pack up and leave Russia from Saul Estrin and Klaus E Meyer, professors at the London School of Economics and Ivey Business School,...
Chief among them is that foreign business subsidiaries need to comply with a multitude of Russian policies. "The subsidiary would typically have many contractual and legal obligations from which it cannot simply walk away," wrote Estrin and Meyer."A sudden withdrawal is likely to result in legal action by business partners, or by the authorities."
They owe workers compensation package. No one is forcing them to leave the market
Sounds like overreach to me
When will we seriously start to legally arrest and confiscate Russian state’s, Putin‘s and the oligarch‘s wealth and properties and hand it over to Ukraine? Is there no „rule of law“ way to do so? Can the EU create one?