Some companies leave the Russian market

17:02 - 20.12.2021

December 20, Fineko/abc.az. Some European companies continue reducing their presence in Russia.

ABC.AZ reports that among them are Nordea, OTP Group, Danske Bank.

Along with this, Finland's largest energy concern Neste, one of the biggest oil & gas corporations in the European Union, Spanish company Repsol with annual income of about $50 bn also decided to get rid of its assets in Russia.

Experts say that companies are scaling back their presence in Russia amid sanctions and economic stagnation.

 

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