Gazprombank, one of Russia's largest banks that is also under heavy U.S. sanctions, is reportedly poised to acquire the Russian operations of the Auchan retail chain, according to sources cited by Le Monde on Oct. 25.
Auchan, one of the few French chains still operating in Russia, is in final negotiations to sell its Russian subsidiary to a local buyer, French media La Lettre reported on Oct. 24.
Unilever concluded the sale of its business and four factories in Russia and Belarus for an undisclosed amount to Arnest Group, a Russian manufacturer, the company announced on Oct. 10.
The latest drills will see Russian and Belarusian forces working on training "for the combat use of non-strategic nuclear weapons", the Russian Defense Ministry said on June 11.
The court ruled that UniCredit could offer Russian sovereign bond holdings instead of assets to satisfy the seizure order.
A study conducted by the Kyiv School of Economics found that more than 2,000 have remained as of the beginning of May. Around 1,200 other companies have only curtailed their businesses, while only 387 have fully exited.
Drones from Ukraine's military intelligence (HUR) attacked an oil base in the Rostov region of Russia overnight, a source in the agency told the Kyiv Independent on May 15.
The Vienna-based bank group, the largest remaining Western bank in Russia, has been under increasing pressure since the start of Russia's all-out war to scale down its activities in the country.
The Russian president previously visited China last October to attend the Belt and Road Forum in Beijing.
Along with many other Western companies, Hugo Boss suspended its retail operations in Russia after the beginning of the full-scale invasion of Ukraine in February 2022.
Google's legal problems with Russia preceded the full-scale war. The company was fined 7.2 billion rubles ($92.6 million) in December 2021 for failing to take down content that Russia has banned.
The exit measures implemented by the Russian government, combined with writedowns, lost revenue, and other factors, account for the staggering figure, Reuters found.
After Russia invaded Ukraine in 2022, most major Western fast-food chains closed up shop, sold off assets, and exited the Russian market. This was particularly true of the highly visible food sector. Major Western food and drink chains, including McDonald’s, Domino’s Pizza, Starbucks, KFC, Pizza Hut, Hard Rock
Ukraine's National Corruption Prevention Agency added major food corporations PepsiCo and Mars to the "international sponsors of war" list on Sept. 1.
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