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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
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.