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The Independent UK
The Independent UK
National
David McHugh

Companies find it's not so simple to leave Russia; some quietly stay put

Copyright 2023 The Associated Press. All rights reserved.

When Russia invaded Ukraine, global companies were quick to respond, some announcing they would get out of Russia immediately, others curtailing imports or new investment. Billions of dollars' worth of factories, energy holdings and power plants were written off or put up for sale, accompanied by fierce condemnation of the war and expressions of solidarity with Ukraine.

More than a year later, it’s clear: Leaving Russia was not as simple as the first announcements might have made it seem.

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