A corporate exodus from russia following its full-scale invasion of Ukraine in 2022 has resulted in foreign companies experiencing more than $107 billion in write-offs and lost revenue, as reported by Reuters.
Approximately a thousand companies have already departed from the russian federation. However, according to an analysis by the Yale School of Management, hundreds of companies are still operating in russia or have suspended their businesses.
Among the companies still active or conducting business in russia are Mondelez International, PepsiCo, Auchan, Nestle, Unilever, and Reckitt. However, some, such as Intesa Sanpaolo, are facing bureaucratic hurdles in their efforts to exit the russian market.
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