{"id":14486,"date":"2025-02-07T11:46:51","date_gmt":"2025-02-07T09:46:51","guid":{"rendered":"https:\/\/stage.kse.ua\/news\/foreign-business-exit-from-russia-continues-but-over-2-200-companies-still-fuel-its-economy-kse-institute\/"},"modified":"2026-10-15T09:45:31","modified_gmt":"2026-10-15T09:45:31","slug":"foreign-business-exit-from-russia-continues-but-over-2-200-companies-still-fuel-its-economy-kse-institute","status":"publish","type":"news","link":"https:\/\/kse.ua\/en\/news\/foreign-business-exit-from-russia-continues-but-over-2-200-companies-still-fuel-its-economy-kse-institute\/","title":{"rendered":"Foreign business exit from Russia continues, but over 2,200 companies still fuel its economy \u2014 KSE Institute"},"content":{"rendered":"

As of early February 2025, 472 international companies have fully exited the Russian market, accounting for 11.6% of all foreign businesses that operated in Russia before the full-scale invasion.<\/p>\n

This is according to the latest monitoring<\/a> by KSE Institute, conducted as part of the \u201cSelfSanctions \/ LeaveRussia\u201d<\/a> project, which analyzes the impact of foreign business exits on the Russian economy.<\/p>\n

In January, five more international companies completed their withdrawal from Russia. These include Taiwanese logistics operator Yang Ming, Swedish sports equipment manufacturer Eleiko, German automotive components supplier Edscha, French financial group Groupe BPCE, and Dutch maritime transport company Smit International.<\/p>\n

Additionally, TSYS, a U.S. financial technology company, was included in the exit list, as its departure had occurred earlier but was not reflected in the December digest.<\/p>\n

Recently KSE Institute, in collaboration with the B4Ukraine coalition and Squeezing Putin, published a comprehensive report<\/a> titled \u201cCorporate Enablers of Russia\u2019s War in Ukraine: A Closer Look at Multinational Taxes and Revenue in Russia in 2023.\u201d<\/p>\n

The findings indicate that in 2023, 1,600 multinational corporations generated $196.9 billion in revenue and $16.8 billion in profits in Russia.<\/p>\n

Foreign companies evaluatively paid $21.6 billion in taxes to the Russian budget in 2023, bringing the total tax contribution for 2022-2023 to $41.6 billion\u2014equivalent to one-third of Russia\u2019s 2025 military budget.<\/p>\n

European companies collectively earned $81.4 billion in Russia and contributed $3 billion in taxes. Meanwhile, American and German corporations transferred $1.2 billion and $692.5 million, respectively, to the Kremlin in 2023.<\/p>\n

The consumer goods sector, including Mars, Nestl\u00e9, and Procter & Gamble, was among the largest contributors to the Russian economy, with total revenues reaching $587.5 billion and tax payments amounting to $1.5 billion.<\/p>\n

KSE Institute continues to analyze the impact of foreign business exits on the Russian economy. As of now, 2,245 international companies are still operating in the country, 1,360 are scaling down, and only 472 have fully left the market.<\/p>\n

A detailed list of companies, their current status, and updates are available on the Leave Russia<\/a> platform. Additionally, the Leave Russia mobile app, available on the App Store<\/a>, allows users to scan product barcodes to check if the manufacturer is still operating in Russia.<\/p>\n","protected":false},"excerpt":{"rendered":"

As of early February 2025, 472 international companies have fully exited the Russian market, accounting for 11.6% of all foreign businesses that operated in Russia before the full-scale invasion. This is according to the latest monitoring by KSE Institute, conducted as part of the \u201cSelfSanctions \/ LeaveRussia\u201d project, which analyzes the impact of foreign business\u2026<\/p>\n","protected":false},"featured_media":9109,"template":"","categories":[],"tags":[],"department":[],"news_type":[15],"project":[],"region":[],"unit":[38],"class_list":["post-14486","news","type-news","status-publish","has-post-thumbnail","hentry","news_type-news","unit-kse"],"acf":{"primary_unit":null,"news_intro":"","header_cta_mode":"event","header_event_cta_text":"\u0414\u043e \u043f\u043e\u0434\u0456\u0457","header_event_cta_url":"","header_research_cta_text":"\u0427\u0438\u0442\u0430\u0442\u0438 \u0432\u0441\u0435 \u0434\u043e\u0441\u043b\u0456\u0434\u0436\u0435\u043d\u043d\u044f","header_research_pdf":null,"author_person":"","author_name":"","related_news":null,"related_events":[],"related_people":[],"related_links":null,"external_link":"","external_link_label":"","is_featured":false,"is_featured_archive":false,"quote_text":"","quote_author":"","quote_author_role":"","program_title":"\u0424\u043e\u0440\u043c\u0430\u0442 \u043f\u0440\u043e\u0433\u0440\u0430\u043c\u0438","program_items":null,"reference_title":"\u0414\u043e\u0432\u0456\u0434\u043a\u0430","reference_content":"","source_system":"migration","source_id":"62899","content_owner":"kse","last_reviewed":null,"visibility":"public","platform_id":"","platform_version":"","platform_managed":false},"yoast_head":"\nForeign business exit from Russia continues, but over 2,200 companies still fuel its economy \u2014 KSE Institute - KSE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kse.ua\/en\/news\/foreign-business-exit-from-russia-continues-but-over-2-200-companies-still-fuel-its-economy-kse-institute\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreign business exit from Russia continues, but over 2,200 companies still fuel its economy \u2014 KSE Institute\" \/>\n<meta property=\"og:description\" content=\"As of early February 2025, 472 international companies have fully exited the Russian market, accounting for 11.6% of all foreign businesses that operated in Russia before the full-scale invasion. 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