Despite the war in Ukraine, German companies continue to be active in Russia. However, withdrawals come with enormous risks.
They are even threatened with expropriation. A withdrawal that is too hasty or a withdrawal at all always runs the risk of Russian expropriation, warns Prof. Viktor Winkler, an expert on sanctions, in conversation with Ippen Mediabank... The probability that something is sanctioned in Russia is now higher than that it is not sanctioned. The sanctions are actually intended to prevent Russian businesses from doing business in the West.. A. withdrawal of German companies could also benefit the Russian economy and would thus undermine the effect of Western sanctions.. It is estimated that 50 to 60 percent of all our sanctions measures from the EU directly or indirectly affect the Russian state.. There is also a risk that by withdrawing, companies will expose their employees, whether permanent or not, to government measures.. As employers, companies have a duty of care, especially towards their employees abroad.