13 More International Companies Have Left the Russian Market in a Month
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.