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Moscow demands bigger discounts from foreign companies exiting Russia

Moscow demands bigger discounts from foreign companies exiting Russia-sources

Some foreign companies trying to exit Russia are facing a big jump in costs as Moscow is demanding bigger discounts on the price tags of assets they want to sell, three people with knowledge of the.

Exclusive-Moscow demands bigger discounts from foreign companies exiting Russia-sources

Some foreign companies trying to exit Russia are facing a big jump in costs as Moscow is demanding bigger discounts on the price tags of assets they want to sell, three people with knowledge of the matter said. Russia has steadily tightened exit requirements since Western companies started leaving soon after Moscow began what it calls a "special military operation" in Ukraine in February 2022. Foreign companies have already been hit by losses of more than $80 billion from their Russian operations due to writedowns and lost revenue, based on an analysis by Reuters of company filings and statements.

Exclusive: Moscow demands bigger discounts from foreign companies exiting Russia

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