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Business in the blood of Ukrainians: only 9% of global companies left the Russian market

by alex

Among the companies that remained to work in Russia, the largest part is German, American and Japanese.

Only 9% of nearly 1,500 global companies have left the Russian market since the start of the full-scale war in Ukraine. The President's Office called on the West to take a tough stance, because “silence kills” them.

This was written by adviser to the head of the Presidential Office Mikhail Podolyak.

According to him, among those who remained to work in Russia, Western companies the largest share are German (19.5%), 12.4% American, 7% Japanese. In particular, METRO, Leroy Merlin, Auchan, Nestle, Unilever, Procter & Gamble, Siemens, Pfizer, Philip Morris, Bayer, Acer, Alibaba, CloudFlare, Societe Generale, Credit Suisse, Lenovo, Asus, Cersanit, etc.

Some Western banks received superprofits in Russia. As Podoyalk emphasized, Raiffeisen increased its profit in Russia by 313%.

“In 2022, the profit of the Russian branch amounted to 474 million euros, and this is the largest amount among the branches of South-Eastern Europe. Corporate income tax in Russia is 20%. So, Raiffeisen replenished the Russian the treasury for 94.8 million euros with this tax alone. The amount of other fees is much larger. That is, this is the tax on the war, on the killing of Ukrainians.More moreover, Raiffeisen recognized the pseudo-republic “L )NR”,offering partially mobilized loan holidays. Citibank, Credit Europe Bank and OTP Bank followed suit,” the politician emphasized.

Podolyak recalled that the NAPC recently recognized an American corporation as an international sponsor of the war. The company owns such subsidiaries and brands like Gillette, Fairy, Tide, Ariel, Lenor, Mr. Proper, Pampers, Always, Head & Shoulders, Pantene, Old Spice, Hugo Boss, Max Factor, etc.

< p>“Not only have they not exited the Russian market, but they continue to operate the household chemicals plant, which is the world's largest manufacturer of detergents for P&G, and the Gillette blade and razor plant,” he added.

Podolyak noted that the total annual revenue of these 1200+ companies in Russia is almost $290 billion. This is one fifth of Russia's GDP. In addition, companies also contribute to mobilization measures.

“In accordance with the new Russian legislation, corporations operating in Russia are forced to facilitate the conscription of workers into the army and finance their military equipment. Not leaving the Russian market in a year of full-scale war is not an accident, but a conscious position. Do not forget about the level of corruption in Russia Every business directly replenishes the pockets of Putin and his entourage – the authors of the aggressive war in the center of Europe,” he wrote.

Podolyak believes that “passive inaction is also a crime. Replenishing the Russian budget with billions of dollars, they prevent the war from ending quickly and in the right way. And the collective West, whose market for international corporations is a higher priority than Russia, should take a tough stance. In the end, each subject in this party must decide whether to declare values ​​on paper or act. Silence kills. Literally”.

Recall that we said that the entrepreneur left the business and went with her pet to defend the Ukrainian border.

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