Official says 77.6% foreign firms continue working in Russia
MOSCOW, Aug 9 (PRIME) -- Out of 1,382 foreign companies, 77.6% will continue working in Russia in spite of the unprecedented pressure they are experiencing, Vyacheslav Volodin, chairman of the parliament’s lower chamber State Duma, said on Tuesday in a statement published in his Telegram channel.
“In spite of the unprecedented pressure, blackmail, and sanctions, 77.6% out of the 1,382 foreign companies did not close their business in Russia,” he said.
The sanction policy led to an increase of prices, inflation, and energy deficit, but the foreign companies are not keen to leave the Russian market as it not only bears significant costs for them, but there are also no prospects for them to return, he said.
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09.08.2022 08:30