WebMar 2, 2024 · Oil giant BP (BP) is one of the most prominent companies to abandon Russia since its troops invaded Ukraine last week. It said Sunday it was planning to exit … WebApr 4, 2024 · Over 1,000 companies have publicly announced they are voluntarily curtailing operations in Russia to some degree beyond the bare minimum legally required by international sanctions — but some companies have continued to operate in …

Russia plans to seize assets of western companies that pull out

WebMar 16, 2024 · Tech companies such as Citrix and Cloudflare claimed they were hesitant to cut off Russian network access because of humanitarian commitments—implying that … WebMar 12, 2024 · A draft law could allow Russian courts to appoint external administrators for companies that cease operations and are at least 25% foreign-owned. If the owners refuse to resume operations or to sell, the company’s shares could be auctioned off, the ruling United Russia party has said, calling it “the first step toward nationalization.” pecho germering

Russia

WebMay 16, 2024 · - Russia should confiscate property owned by Westerners in response to a proposal by U.S. President Joe Biden to transfer the frozen assets of Russia's elite to … WebMar 10, 2024 · PayPal, a digital-payments firm, suspended operations in Russia on March 5th but promised to allow customers to withdraw funds “for a period of time”. Some big firms are still holding out. By ... WebMar 10, 2024 · Russia announced plans on Thursday designed to exert pressure back on the west through economic sanctions, including through an export ban on timber, electronic and telecoms equipment. Moscow... pecho energy storage project