Volodin: Of 1,382 foreign companies, 77.6 percent did not close their business in Russia

Volodin: Of 1,382 foreign companies, 77.6 percent did not close their business in Russia

Viacheslav Volodin
© press service of the State Duma

Despite pressure and blackmail from Washington and Brussels, foreign companies are reluctant to leave the Russian market: out of 1,382 foreign companies, 77.6 percent did not close their business in Russia, State Duma Chairman Vyacheslav Volodin wrote on his Telegram channel.

“Despite the unprecedented pressure, blackmail and sanctions, out of 1382 foreign companies, 77.6 percent of enterprises did not close their business in Russia … Foreign companies are reluctant to leave the Russian market: this incurs not only costs for them, but also the lack of prospects for returning,” the speaker noted.

According to Viacheslav Volodin, “Washington and Brussels flogged themselves,” as the sanctions policy led to rising prices, inflation and energy shortages.

On February 24, Russia launched a military special operation to demilitarize and denazify Ukraine. In this regard, a number of Western countries announced the imposition of sanctions against Moscow, and a number of foreign brands and services announced the suspension of work in the Russian Federation.

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