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Putin's business buddies don't want Western companies back in Russia

Summary by Business Insider
Russian President Vladimir Putin won't be welcoming Western companies back to Russia.Gavriil Grigorov/Sputnik/APRussian firms that took over Western brands after the Ukraine invasion oppose their rivals' return.Many Western firms sold their operations with buyback deals after the 2022 invasion.A new law could cancel the buyback deals, locking foreign companies out of Russia for good.Russian businesses that took over brands like McDonald's, Heinz…

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  • 100% of the sources lean Left
100% Left
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Business Insider broke the news in United States on Monday, June 16, 2025.
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