DECRYPTION – If they are not affected by the sanctions against Russia, they are the target of public opinion.
A month after its invasion by the Russian army, Ukraine is still resisting. The French groups established in Russia are more and more numerous to bend under the pressure inciting them to leave this country on which they bet a lot, a few weeks ago. After Renault, which announced its plan to leave Russia on Wednesday evening, other announcements are to be expected. According to our information, Danone no longer rules out withdrawing from the country. “All options are on the table”, confirms a person close to the file. Among the solutions studied: the sale of assets to local employees and the transfer to a local investor who has not compromised with Poutin’s power. Lactalis is also studying all scenarios, like Air Liquide.
These reflections say a lot about the difficulty French companies have in maintaining themselves in Russia. During the first month of the war, agrifood groups insisted that they had to continue feeding Russian civilians. To mark…
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