Only 20% of large European companies left Russia after the invasion of Ukraine two years ago. 80% of them would therefore still be present - a proportion which applies to French companies.
“The trend is to reduce activity as much as possible, like a dormant subsidiary, to put itself in a position to restart,” explains a good source in Moscow. In the year following February 22, 2022, a number of French companies whose clients fell under European or American sanctions sold their assets. This was the case, among others, of the automotive supplier Forvia.