Despite promises, Western companies continue Russian operations

Around 1,200 other companies have only curtailed their businesses, while only 387 have fully exited.

Among those that have stayed are the U.K.-U.S. cosmetics company #Avon Products, the U.K.-headquartered consumer goods manufacturer #Reckitt, and the French industrial-gas company Air Liquide, the FT said.

As the Russian government has taken steps to inflict a significant financial price on companies that leave, combined with a lack of acceptable buyers, many companies have stayed more than two years into Russia's full-scale war.

Other companies, such as #PepsiCo, have cited humanitarian concerns as a reason to continue operations in Russia.

https://kyivindependent.com/ft-despite-promises-western-companies-continue-russian-operations/

#CapitalismFail #RussianAggression #greed #CorporateGreed #StandWithUkraine