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Since the start of the war in
After
In the news:
- That decision came after
DP Eurasia failed to sell its Russian operations. "Given the increasingly challenging environment, the direct holding company of DPRussia is now forced to take this step (...). As a result, Domino's will no longer have a presence inRussia ," it sounds. The company indicated earlier this year that an exit fromRussia was on the table. -
According to
DP Eurasia , it is too early to determine what the financial impact will be of the bankruptcy of its subsidiary.
Western companies still active in
Zoom out: Domino's is yet another Western chain to turn its back on
- According to data from
Kyiv School of Economics , more than 750 of the 3,400 foreign companies the institute tracks have sold their Russian businesses or ceased operations. But the same figures also show that more than 1,400 (foreign) companies are still operating inRussia to this day.-
Some of the chains still operating in the
Caspian Sea country includeUniCredit , Raiffeisen, Unilver and Nestlé.
-
Some of the chains still operating in the
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Meanwhile,
Russia itself is incorporating . In July, for example, the Russian government took control of the Russian subsidiaries ofFrance's Danone and Baltika Breweries, the Russian subsidiary ofDenmark's Carlsberg.Russia approved a decree in April allowing the Kremlin to take over assets of companies it considers "unfriendly," in order to "protect Russian property and national interests."
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