Companies are finding it's not so simple to leave Russia. Some are quietly staying put

  • 📰 AP
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Global companies are finding it's not so easy to pull out of Russia more than a year after the invasion of Ukraine. They're facing new hurdles from Moscow and risks of violating Western sanctions. But others are quietly staying.

May 25, 2023 GMT

woman exits a newly opened Maag store, a former Zara flagship store, in Moscow, Russia, Thursday, April 27, 2023. When Russia invaded Ukraine, companies were quick to respond, some announcing they would get out of Russia immediately, others vowed to curtail sales and new investment. More than a year later, it’s clear: Leaving Russia isn't as easy as the first announcements might have made it seem.

woman exits a newly opened Maag store, a former Zara flagship store, in Moscow, Russia, Thursday, April 27, 2023. When Russia invaded Ukraine, companies were quick to respond, some announcing they would get out of Russia immediately, others vowed to curtail sales and new investment. More than a year later, it’s clear: Leaving Russia isn't as easy as the first announcements might have made it seem.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines