Published 1 month ago

Foreign firms' losses from exiting Russia top $107bn

Foreign companies have lost over $107 billion due to the corporate exodus from Russia post Ukraine invasion in 2022.
Financial losses have increased by one third since August last year, highlighting the significant impact of the exodus on Western expertise in Russia's economy.
The sudden withdrawal of Western companies from Russia has resulted in substantial writedowns and lost revenue.

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Reuters

Foreign firms' losses from exiting Russia top $107 billion

1 month ago·United Kingdom

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RTÉ

Foreign firms' losses from exiting Russia top $107bn

The corporate exodus from Russia since its 2022 invasion of Ukraine has cost foreign companies more than $107 billion in writedowns and lost revenue, a Reuters analysis of company filings and statements showed.

1 month ago·Ireland

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TASS [🇷🇺-affiliated]

Foreign firms' losses from exiting Russian market exceed $107 bln

About 1,000 companies exited the Russian market over the past two years, the agency said, citing a report by Yale School of Management

1 month ago·Moscow, Russian Federation

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T24

Losses from withdrawal of Western companies from Russia exceed $107 billion

The total damage of Western companies withdrawn from Russia with the start of the war in Ukraine has reached 107 billion dollars. The value of Russia's reserves frozen in the West is around 300 billion dollars.

1 month ago·Türkiye

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