Corporate exodus from Russia costs foreign firms over $107 billion
Posted On: Mar. 28, 2024 10:06 AM CSTAn 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.