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French food company Danone announced its exit from the Russian market. The company stressed that they decided to transfer control over their business in Russia, according to a press release [https://www.danone.com/content/dam/danone-corp/danone-com/medias/medias-en/2022/corporatepressreleases/Danone_PR_141022.pdf] . On October 14, the
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Japanese automaker Mazda Motor Corporation has decided to terminate its activities in Russia and transfer its share in the joint venture in Vladivostok to Sollers Auto, according to a statement from the concern. The company suspended operations in Russia earlier this year over Russian invasion of Ukraine.
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Ford Motor Company has left the Russian market – the automaker sold its stake in the joint venture Sollers Ford, Reuters reports. The company's shares are planned to be transferred to the joint venture for a nominal price. Ford Motor Company stopped operations in Russia back in March. The
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Dutch telecom operator Veon Ltd – the owner of the Russian operator Beeline – intends to sell its assets in Russia. This was reported by Reuters. The company said that it is conducting the process of selling the business under the Beeline brand, which is the second largest mobile network in Russia.
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Zara and Bershka have finally given up selling their clothes in Russia, Russian media Izvestia has learned. Although Inditex brands were transferred to Daher group after the sale, the clothes of these brands will still not be sold even under other names.
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Japanese tyremaker Bridgestone plans to sell its Russian assets. The company intends to leave the Russian market within a few months. This was announced in a press release [https://www.bridgestone.co.jp/corporate/news/pdf/2022103101.pdf] of the company. The Japanese company stopped the plant in Ulyanovsk in
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Japanese car brand Infiniti is leaving the Russian market. This was announced by the Russian office of the company, Russian media report. The brand did not have its own production in the Russian Federation – models were imported from different countries. It sold crossovers and SUVs in the Russian market: the
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Swedish retailer H&M continues the process of withdrawing from Russia. At the moment, more than half of its stores in the country are closed, and the rest of the stores will be closed by the end of the year. H&M suspended all sales in Russia at
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Mindigit of the Russian Federation has begun examining how VPNs are used in Russia. The corresponding questionnaire has already been sent to industry organizations with a request to fill it out as soon as possible, Russian media report. Experts suggest that Mindigit might collect information on this topic to prepare
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Valve, the owner of the Steam digital store, has updated the recommended regional prices in Steam for all countries for the first time in a long time. According to SteamDB, regional prices in Russia increased by 75% on average. Valve reminded that the final cost of the product is determined
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During the period from January to August, sales of Dell laptops in Russia decreased by 90%, sales of HP laptops decreased by three times, and sales of Apple laptops decreased by four times. This is reported by Russian media Vedomosti. At the same time, sales of Chinese brands Huawei and
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Ledger, the largest manufacturer of cold crypto wallets, announced that they would no longer supply their products to Russia. The Crypto.com exchange also announced its withdrawal from Russia, and Canadian NFT-marketplace Dapper froze the accounts of Russians. Earlier, the European Union imposed a ban on European companies to provide