Foreign companies have lost over $100 billion in the process of leaving Russia since it started the war in Ukraine

2024-03-28 09:47:35+00:00 - Scroll down for original article

Click the button to request GPT analysis of the article, or scroll down to read the original article text

Original Article:

Source: Link

Foreign companies exiting Russia over its invasion of Ukraine have amassed losses of $107 billion. Putin's regime has intensified punitive measures on companies that want to leave Russia. Despite thousands pledging to leave, only 372 companies have exited Russia since the war started. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time. Advertisement Foreign companies that have left Russia since it invaded Ukraine in 2022 have lost $107 billion in the process of exiting the market, according to a Reuters analysis published on Thursday. Reuters last published an analysis of company filings and statements in August. At that time, foreign companies leaving Russia had lost over $80 billion in the departure process.