More than 1,000 foreign companies remain in the Russian market.
Thursday, October 13, 2022

More than 1,000 foreign companies remain in the Russian market.

Today, 1,169 international companies continue to operate on the territory of the aggressor country, although many companies have left the Russian market, according to a study by the Kyiv School of Economics (KSE). 38.4% of companies announced their exit from the market, 40.2% remain on the market, 17.1% are waiting, and only 4.3% have exited. 1,612 foreign companies reduced, suspended, or terminated their activities in Russia. 497 brands have curtailed current deals and suspended new investments. 1,115 companies closed their Russian operations, and only 126 companies left the Russian Federation. The largest number of companies remaining in Russia belong to the US, Germany, and Great Britain. Consumer goods, finance, and IT are the leading industries among the largest number of companies remaining in Russia.

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