Since the Russian invasion of Ukraine, some 500 companies, primarily European and American, have announced measures against Russia. Corporations rushed to condemn Putin's declaration of war on Ukraine in the strongest terms — a race ensued to link disapproval to all kinds of concrete measures and sanctions.
As a result, western firms shut down their production facilities in Russia, froze their investments, closed their shops or refused to export products to the Russian Federation.
...Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? LoginStavros Papagianneas, author of Rebranding Europe & Embracing Chaos and managing director of StP Communications.
Stavros Papagianneas, author of Rebranding Europe & Embracing Chaos and managing director of StP Communications.