Majority of Western companies doing business as usual in Russia, study finds. Only about 8 percent of EU firms have divested from Russia, with the majority of Western firms still active in the country being German
Majority of Western companies doing business as usual in Russia, study finds. Only about 8 percent of EU firms have divested from Russia, with the majority of Western firms still active in the country being German
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This is a disgrace. They laugh at our faces because they know people will keep on buying their products.
It could have been any country, and yet…
Inb4 another smart ass justifies it with Germany being largest eu economy
>”U.S.-based companies accounted for more exits (under 18 percent) than those based in the EU (8.3 percent) and Japan (15 percent).”
Both US and Japan economies are larger than Germany’s
Stop buying their products. Buy local instead.
There have been a couple of experts who kept saying this exact thing for months now, as always, mainstream media is so fucking slow at picking them up.
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What most western companies have done is close up shops, but not sell their stores and stockpiles, they’re just keeping them frozen for the moment. Among these, some have temporarily licensed their products to other russian companies that sell them under a different name. There’s also a very active black market, especially from Turkey, with lots of truck deliveries each day.
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As long as we’re talking about basic and luxury goods, i dont really give a damn if russians have or have not access to them. The important thing is denying them access to advanced industry and electronic components, which they cant produce internally, and which they desperately need to maintain both their military, but also their civilian industry.
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On a sidenote, do not look at Russia’s current GDP forecast, it means close to nothing. Countries can maintain a war economy for years without seeing many consequences from sanctions, by pumping money into the economy, as well as many other methods which Russia is currently employing en masse. The real downfall of their economy will only be seen after the war.
Warum zögert Deutschland ständig? Hier is die Antwort.
Explains Germany’s hesitation in a nutshell. Powerful forces at play in the background.
the study is proven to be fake
>How the free media were duped by a fake pro-Putin list of Western companies still doing business in Russia a year into the Ukraine invasion
[https://fortune.com/2023/02/02/free-media-duped-fake-list-western-companies-still-doing-business-in-russia-ukraine-invasion-politics-sanctions-economy-media/](https://fortune.com/2023/02/02/free-media-duped-fake-list-western-companies-still-doing-business-in-russia-ukraine-invasion-politics-sanctions-economy-media/)’
you should take it down,OP
My company has still a sales office in russia. Our CEO answered, beeing asked why they don’t close it, that they habe been threatened that the employees will be jailed, if the company is getting closed. So they arent selling, no goods are getting delivered, they are just paying the wages.
If that’s the hole truth, I don’t know.