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

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

Singapore News News

Singapore Singapore Latest News,Singapore Singapore 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.

David Mchugh

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.

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 SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines