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International

Corporate exodus from Russia costs foreign firms over $107 billion

March 28, 2024 Reprints

An analysis of company filings and statements by Reuters showed that the corporate exodus from Russia since the country’s 2022 invasion of Ukraine has cost foreign firms over $107 billion in writedowns and lost revenue, The Business Standard reported. About 1,000 firms have exited the market following Moscow's invasion of Ukraine.

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Corporate exodus from Russia costs foreign firms over $107 billion

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