Firms worldwide makes departure from Russia due to attack on...| MENAFN.COM

Thursday, 07 July 2022 07:05 GMT

Firms worldwide makes departure from Russia due to attack on Ukraine


(MENAFN) As the Ukraine-Russia conflict approaches its fourth month, the amount of firms that stopped or let go of their commercial actions in the vast state of Russia has been on the increase.

Russia became the world's most-restricted nation because of the conflict it began on Ukraine, with the extent of the disciplinary procedures ever growing.

The amount of restrictions on the nation has surplus 10,000 in divisions including finance, energy, transportation, media, technology, automobiles, sports, as well as trade.

More than 100 Western firms made their departure from the Russian market or postponed their processes since Moscow began its attack on Ukraine, impacting more than 14 main businesses in the nation.

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