17% of surveyed European companies are ready to increase investments in Russia – Kommersant
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The majority of European companies surveyed by the Association of European Businesses (AEB) – 39% – intend to leave investments in Russia unchanged. 38% plan to reduce them, another 7% of respondents found it difficult to answer. 17% of surveyed European companies are ready to increase their investments in the Russian Federation this year, according to research AEB, which drew attention Forbes.
The survey was conducted among 93 companies in April-May.
In 2021, the majority of companies surveyed by the AEB were ready to increase investments – 45%. In 2022, this number has fallen to 7%. In 2021, 14% of companies were going to reduce investments, in 2022 – 70%. In 2021, 37% of the surveyed companies planned to leave their investments unchanged, in 2022 – 20%. According to economists from the IMD business school, 8.3% of companies from the European Union left Russia.
The most significant obstacles to the work of companies in the Russian market were the restrictions associated with sanctions and retaliatory countermeasures, follows from the AEB study. According to her, 70% of companies have been affected by Western sanctions this year, and 45% by retaliatory measures.
After the start of the military operation, many well-known brands left the Russian market or suspended their work in the Russian Federation.
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