Foreign companies in russia Many are European, 20 January 2023 More than 550 international companies, many from Europe, are still doing business in Russia to a lesser or greater extent, defying public pressure to pull out of the country following the invasion of Ukraine, according to a new report by Yale University. Companies such as Avon Products, Air Liquide and Reckitt remain in country as bureaucratic obstacles to leaving increase Oct 1, 2021 · In the absence of official information, estimates were based on data about the financial state of the parent company and its divisions. More than 11,000 Western-owned companies continue to operate in Russia, contributing an estimated $5 billion in annual tax payments to the Kremlin, The Insider has tallied. Financial results 4 Sep 25, 2019 · Forbes magazine has published its 2018 list of the 50 largest foreign companies in Russia. Russia's vast geography is an important determinant of its economic activity, with some sources estimating that Russia contains over 30 percent of the world's natural resources. For more details: Top 50 foreign companies in Russia – 2021. Figure 3 / Status of foreign firms in Russia, by economic sector, in % of total 15. 6 thousand. The number of new foreign companies registered in Russia in 2017 was 12. Gazprom is the largest company in Russia. The countries with the most companies still active in Jul 11, 2023 · A shopper looks at a 2023 calendar featuring a photograph of Russian President Vladimir Putin at the Auchan store on Jul. 5 days ago · How We Do It: We have a team of experts with backgrounds in financial analysis, economics, accounting, strategy, governance, geopolitics, and Eurasian affairs with collective fluency in ten languages including Russian, Ukrainian, German, French, Italian, Spanish, Chinese, Hindi, Polish and English, compiling this unique dataset using both public sources such as government regulatory filings May 4, 2022 · The company's statement regarding Ukraine contained the following sentence: "we have decided to temporarily suspend all non-essential activities and development plans in Russia, like most other food companies" later this part of the statement was revised to "All non-essential activities and development plans in Russia remain on hold Mar 8, 2025 · Foreign companies that left Russia after the start of its full-scale invasion of Ukraine are now cautiously discussing a possible return. The total number of such entities in that year was 48,216, of which 329 were Jan 20, 2023 · More than 550 global companies are still doing business in Russia. 9 billion Aug 14, 2022 · In the six months since Russia invaded Ukraine, around 300 global companies have exited the Russian market, and another 700 have halted new investments and projects, or curbed operations in the an individual (including any Russian national with dual citizenship) or legal entity (including Russian companies under foreign control) – or group that includes a foreign investor ("Foreign Investors"), and, in particular, to foreign governments and international organisations and any of their subsidiaries Jan 12, 2024 · Nearly 10,000 companies with foreign involvement exited Russia in 2022 and the first 10 months of 2023. But the number of firms in Russia with co-owners from China and former Soviet republics has Feb 28, 2022 · The international oil company’s key asset in Russia is the Sakhalin-1 oil and gas producing project in the Pacific. Although a large number of foreign companies halted their operations in Russia after the start of Russia’s all-out war against Ukraine, the data collected by the Kyiv School of Economics shows that there are more than 1,600 companies that stay. Among these are well-known brands such as FedEx, Carlsberg, Unilever, Moncler, Hugo Boss, Danone, Siemens, ExxonMobil, IKEA, and Inditex, the owner of popular labels like Zara, Massimo Dutti, and Bershka. Only a small percentage of western firms have been able to close down their Oct 6, 2023 · In 2022, the leading foreign company by revenue in Russia was Leroy Merlin, a French retailer of home improvement goods, having earned approximately 530 billion Russian rubles. ru Oct 1, 2023 · As a result, according to the American data, as of the end of March 2023, 520 foreign companies completely left the Russian market, 502 companies suspended activities in Russia, 148 companies reduced operations, 177 companies announced the postponement of new projects but continued to honor current contracts, and 234 companies kept operating as Jun 21, 2024 · The Kremlin is not only revisiting the outcomes of the 1990s privatization to benefit businessmen close to it but is engaged in outright nationalization of foreign-owned businesses. Apr 12, 2022 · A total of 723 foreign companies with 1,550 subsidiaries operated in Russia as of March 2022. Oct 2, 2023 · Notable absences from the latest list include the German carmaker and 2022’s largest foreign company in Russia Volkswagen, as well as France’s Renault (3rd in 2022), Apple (5th), Toyota (7th Dec 6, 2023 · The foreign companies still operating in Russia have cited a variety of reasons for not leaving the market, including operational, ethical, and policy challenges. However, international companies operating in Russia often have a foreign language as their official language. Aug 23, 2024 · Number of foreign companies in Russia by response to the war in Ukraine as of February 24, 2025. Oct 1, 2024 · List of international companies still operating in Russia in January 2024. Jun 3, 2022 · At the beginning of the Russian invasion of Ukraine KSE Institute launched an analytical project, which was named “SelfSanctions”, aimed to collect data on foreign companies operating in the Russian market and limiting or terminating their activities. Auchan is Sep 19, 2023 · Myriad boycotts aim to galvanise foreign companies into leaving Russia, including the KSE Institute's Leave Russia project, which tracks the company exits. . This is probably a meaningless number for must Russians. These campaigns often produce negative Apr 1, 2025 · Article Foreign companies in Russia, Recorded a twofold increase in the number of Asian brands on the Russian market since the beginning of SVO, The departure of 62% of companies from "unfriendly" countries from the Russian market from March 2022, Roskomnadzor has identified 4 key conditions for the return of foreign IT companies to the Russian market, RDIF American companies lost $300 billion Oct 18, 2023 · More than 600 days since Russia invaded Ukraine, over 1,400 international companies are still operating in Russia. Box 1 / The strategies of 110 of the biggest foreign companies in Russia 16 In 2024, more than 160 international companies ceased their operations in Russia by liquidating or selling their businesses. Over 1,000 companies have publicly announced they are voluntarily curtailing operations in Russia to some degree beyond the bare minimum legally required by international sanctions — but some companies have continued to operate in Russia undeterred. Jan 28, 2024 · Since the invasion of Ukraine began, we have been tracking the responses of well over 1,500 companies, and counting. [2] [3] [4] The World Bank estimates the total value of Russia's natural resources at US$75 trillion. Many are interested about the number of foreign companies working in Russia. Forbes ranking Forbes. Jul 12, 2024 · In 2021, the number of foreign companies with over 50-percent foreign ownership in Russia reached its absolute heights. The top ten includes four retailers, three car manufacturers, two tobacco companies and Pepsi. Market capitalization to Gross National Income ratio in Russia 2005-2022; Nov 18, 2016 · Over the last few decades, Russia has been attracting foreign companies from all over the world and it has become the third most attractive country for foreign direct investment (FDI) worldwide Mar 28, 2024 · Foreign companies that have left Russia since it invaded Ukraine in 2022 have lost $107 billion in the process of exiting the market, according to a Reuters analysis published on Thursday. Aug 23, 2024 · Number of foreign companies in Russia 2025, by response to the war in Ukraine; The most important statistics. Russian laws and regulations prescribe to maintain corporate document flow in Russian. However it would be more informative to say that the amount of foreign investments into the Russian economy was 27. However, some never left. Although Russia's dependence on foreign companies is described as "humiliating" even by the president of Russia, the country cannot afford to let these companies Mar 19, 2025 · Putin’s governing United Russia party in late February had proposed the nationalisation of the assets of exiting foreign companies, and Russia’s Economic Development Ministry prepared the supporting legislation on 10 March, which will likely soon be put to a vote in the State Duma (the lower house of the parliament). It is important to understand that the Labour Code does not stipulate that employees of foreign corporations must speak a foreign language. 25, 2022 in Moscow. Revenue is expressed in rubles, while revenue in other currencies is recalculated at average exchange rates for 2020. ExxonMobil also markets petrochemical products in Russia that are used by Figure 2 / Status of foreign firms in Russia, by country of origin, in % of total 14. htnr tlz ejh puf xrpkf fkjwr lxtfqu wgyuw uzoho kdsbqb tskj tmgfm qlen xcxtv zhpvmb