Multinationals – Johnson's Russia List

JRL NEWSWATCH: “Russia’s New Elite Emerges to Fill Void After Multinationals Flee” – Bloomberg

November 10, 2023 JRL Russia List Economy, Business, Investment, Trade, Europe, EU, Germany, Headlines, JRL NewsBlog, Sanctions, United States, U.S.-Russian Relations

File Photo of Meeting Room Table with Microphones and Chairs, adapted from image at cdc.gov

“Foreign firms have sold assets worth over $21 billion Third wave of business elite swoops in to grab bargains” “A new cohort of Russian business elite has emerged to benefit from the void left when international firms suddenly exited following … Putin’s invasion of Ukraine. … snapp[ing] up assets at discounted prices after … multinationals … [left due to] pressure […]