Following the invasion of Ukraine in 2022, numerous western business groups, including Avon Products, Air Liquide, and Reckitt, have continued to operate in Russia, despite previously announced plans to leave. According to a report by the Financial Times business newspaper published on Tuesday, bureaucratic hurdles and a recovery in consumer activity have contributed to this situation. Hundreds of western business groups initially stated intentions to cease operations within Russia after the invasion, but many have since remained. Topics: #business #western #leave Post navigation WSJ: Biden administration presses allies not to condemn Iran’s nuclear program What will happen if the person accused of treason, Aivo Peterson, is elected to the European Parliament?
It’s deeply concerning to see how many companies have seemingly prioritized maintaining operations in Russia over fulfilling their stated commitments. Reply