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EconomyShokhin says about one fifth of Western firms have left Russia; those remaining act responsibly

Alexander Shokhin, head of the Russian Union of Industrialists and Entrepreneurs, said about 80% of Western companies present in Russia before the special military operation began are still operating there, while 15–20% have left. He said those staying pay taxes and comply with legal requirements, while understanding they could face retaliation from Russian authorities.

Western companiesRussiasanctionsbusiness operations

TTASS★★★☆☆2026-10-16 13:08Original

Shokhin says about one fifth of Western firms have left Russia; those remaining act responsibly
Economy