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The corporate exodus from Russia following its 2022 invasion of Ukraine has led to foreign companies incurring losses exceeding $107 billion in writedowns and lost revenue. Reuters analysis of company filings and statements revealed that about 1,000 companies left Russia, with experts anticipating further losses as the process continues.
Russia exits have cost Western firms over $100 billion – Reuters Details: https://t.co/N5dv3YdxAO https://t.co/vQ0CeaFM1r
📉If $107 Billion Is The Answer, What's The Question? What's the amount in write-offs and losses Western companies have been hit with since exiting the Russian market? (Reuters) https://t.co/EtF8v3xXmo
WATCH: The corporate exodus from Russia since its 2022 invasion of Ukraine has cost foreign companies more than $107 billion in writedowns and lost revenue https://t.co/0w9Wsh0srV https://t.co/JHCPnaaOG7