Reported 2 days ago
After initial optimism surrounding the return of Western companies to Russia, significant barriers have emerged following the government's ongoing control over strategic sectors and local production initiatives. Companies that previously exited, such as McDonald's and Renault, face daunting negotiations and strict requirements, including potential 'entrance fees' and local investment mandates. The changing competitive landscape, dominated by local firms and heightened regulatory challenges, further complicates any prospects of a swift return, especially amid ongoing Western sanctions.
Source: YAHOO