In June, another thirteen international companies, including one of the world's largest tire manufacturers, Michelin Group, German company Bosch, and American chemical corporation 3M, exited the Russian market, according to a new report by the Kyiv School of Economics.
The report reveals that a total of 254 international companies have completely ceased their operations in Russia. Additionally, 1,191 foreign businesses have scaled back their operations and expressed their intention to leave the country.
