Uncategorized

Over 1,000 companies have left Russia since Feb. 24.

0 min read

According to data analyzed by Kyiv School of Economics, at least 1,037 western companies have left Russia. As of May 29, companies that declared a complete withdrawal from Russia had $32.5 billion in revenues and $19.9 billion in capital. More than half (50.2%) of foreign companies have already announced their withdrawal from the Russian market, 21.2% have reduced current operations and hold off new investments, but another 28.6% remain in the country.

Avatar
The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

Read more
News Feed
Video

The Kyiv Independent’s Jared Goyette speaks with a Canadian volunteer, Brittney Shki-Giizis, who left the Canadian military to fight in Ukraine. A former tank instructor, she explains why she chose to come to the front, how she learned Ukrainian to serve in a Ukrainian unit, and how the war’s shift toward drones led her to become an FPV (first-person view) drone pilot.

Show More