Western businesses and banks with operations in Russia—whether they intend to exit the country or stay in business there—are facing massive difficulties as they attempt to balance international pressure to divest and potential retaliation from Moscow.
Over 400 Western companies have exited Russia since the invasion of Ukraine, leaving behind billions of dollars in assets. About 80 firms are still operating, though they have suspended new investments. Most of these companies are pharmaceutical and consumer businesses that claim pulling out from Russia will needlessly harm the Russian people.
