Western Companies U-Turn on Russia Exit Plans – FT

INSUBCONTINENT EXCLUSIVE:
Western companies are reconsidering leaving Russia amid increasing Kremlin-imposed exit costs, difficulty finding suitable buyers and
1,610 that left or scaled back operations, according to the Kyiv School of Economics.Some remaining companies are increasingly open about
their plans
Russian business, while the French industrial gas producer Air Liquide did not receive approval from the Russian government to sell
Meanwhile, the U.K
The French food company eventually sold at a discount, while the Danish brewer remains in a legal battle with Russia.Rising wages and the
recent wave of nationalizations have also kept corporate exits at bay, according to Carnegie Russia Eurasia Center non-resident fellow