Direct losses of European companies in the Russian market after Russia launched a special military operation in Ukraine in February 2022 amounted to at least €100bn.
This is reported by the British newspaper Financial Times.
It is noted that during this period 176 companies have depreciated assets and increased costs associated with the exchange rate, as well as the sale, closure or reduction of Russian business.
At the same time, as TASS reports, the newspaper’s analysis did not take into account indirect losses. We are talking about the increased cost of energy resources and other products.
Earlier, Russian President Vladimir Putin extended restrictive measures in response to anti-Russian sanctions.
It was also reported that Russia and Belarus prepared 17 import-substitution projects for more than 80 billion rubles.
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