A small but powerful list of multinational firms continue to maintain Russian business operations
the company doesn’t want to abandon its employees in the country “or hand over these manufacturing facilities to the Russian government so it can operate and benefit from them.”
In addition to Auchan, Koch Industries and Leroy Merlin, at least 33 other companies have refused to scale back their Russian business operations, according to a widely cited compiled by Yale University professor Jeffrey Sonnenfeld, who identifies 350 companies as withdrawing from Russia or suspending operations there., Switzerland’s second-largest bank, is among the large firms that hasn’t pulled out from Russia: Its chief executive Thomas Gottstein
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Leroy Merlin, Nestle, Renault—Here Are The Companies Under Fire For Russian TiesFrench multinationals became the target of international criticism this week for their Russian business this week.
Read more »
No More KitKats Or Nesquik: Nestle Suspends Brands In Russia Amid Mounting CriticismNestle announced Tuesday the suspension of two of its iconic brands in Russia, just days after Ukrainian President Volodymyr Zelensky criticized the company for not doing enough to punish Russia financially.
Read more »
Russia-Ukraine live updates: Russian forces 'largely static' in north, UK saysUkrainian emergency responders rushed to put out a fire raging at an oil depot in Lviv, as a result of shelling in the area.
Read more »
Russia-Ukraine war: Zelenskyy calls for Ukrainians to maintain resistance to Russian forcesDuring his nightly video address to his people, President Volodymyr Zelenskyy said late Thursday that, “With every day of our defense, we are getting closer to the peace that we need so much. We are getting closer to victory.”
Read more »
Russia-Ukraine war: Russian forces appear to be shifting focus to Donbas regionRussian forces appear to be shifting their focus from Ukraine's capital to the contested Donbas region, possibly signaling a new phase of the war.
Read more »
Leroy Merlin, Nestle, Renault—Here Are The Companies Under Fire For Russian TiesFrench multinationals became the target of international criticism this week for their Russian business this week.
Read more »