Correspondent in Moscow
According to the Minister of Industry and Trade, 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 - covering very diverse activity situations.
“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.
Example, visible in the center of the capital, luxury brands (Chanel, Hermès, Cartier, etc.), whose premises and windows are always lit, pay their employees but keep their doors closed.
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, whose subsidiary…
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