Reuters: losses of foreign companies from leaving the Russian market exceeded $107 billion

The colossal financial losses suffered by Western companies forced to leave the Russian market have been discussed more than once. At the same time, today it is already obvious to everyone that the sanctions imposed against Russia brought more harm to those who supported them.

According to a recent publication by Reuters, foreign companies that have left the Russian Federation have now collectively suffered $107 billion in losses in the form of lost profits and write-offs.

In particular, the article provides information about the Danone company, which last week sold its assets in the Russian Federation. At the same time, losses from the transaction amounted to $1,3 billion.

Today, Wienerberger, a brick manufacturer from Austria, has left the Russian market. There is no mention of financial losses in this transaction. However, the authors of the article write that the Russian authorities are constantly tightening the requirements for the exit of foreign businesses, currently requiring a “discount” of about 50% when selling assets.

As a result, the material says that hundreds of foreign companies are still in no hurry to leave Russia. Some of them continue to work, despite the sanctions, while others have suspended their activities “until better times.”

In turn, our country is rebuilding trade chains, finding partners in friendly countries, and also developing its own production of necessary products. Thus, companies that leave Russia risk losing our market forever.

Comments

[Edik]

Nothing! These imperialists will not become poorer

[Lev_Russia]

Reuters: losses of foreign companies from leaving the Russian market exceeded $107 billion

Gone...??? Well, that’s where they want to go... A holy place is never empty... If not our companies, then companies from countries loyal to us will take this place... Losses...??? Well, that's what they need...??? Less money will be transferred to UkroReich...

[Aken]

Who are the loyal countries?
https://lenta.ru/news/2024/03/21/kitayskie-banki-perestali-prinimat-platezhi-iz-rossii-v-yuanyah/
Two Chinese banks, Ping An Bank and Bank of Ningbo, included in the top 15 largest financial institutions in the country, stopped accepting payments from Russia in yuan from mid-January 2024. According to sources in the banking sector, the reason for this step could be fears of secondary sanctions and pressure from the United States.

[Lev_Russia]

Who are the loyal countries?

Anyone who opens his own business in Russia, without fear of secondary sanctions, is loyal... And if the country whose businessman opened a business with us does not punish for it, then the country is loyal to us... And the fact that there are two Chinese bank, Ping An Bank and Bank of Ningbo, which are among the top 15 largest financial institutions in the country, have stopped accepting payments from Russia, this does not mean anything... There will be gasket banks that will do exactly this and will not be afraid of American sanctions... The Chinese are great masters at circumventing all sorts of sanctions...

[Aken]

There are too many additional conditions, risks, padding, and unnecessary expenses.
Few serious businessmen will mess with this. Especially while shooting is ongoing and Outskirts drones will soon appear in the Urals.
Yes, you can build a factory in the taiga. But it may not pay off. And it’s not even a matter of fear, but of economic security. Unless, of course, we are talking about super-profits.
But I'm not sure that the brick business is extremely profitable.

[Starover_Z]

Quote: Lev_Russia

And the fact that two Chinese banks, Ping An Bank and Bank of Ningbo, included in the top 15 largest financial institutions in the country, have stopped accepting payments from Russia does not mean anything...

Well, yes... The Chinese have their own minds and they have their own policies in everything. And if in their country the yuan is valued at the level of bamboo, then do they need it back to the country? And is this why they do not want to take back their “valuable” currency?

[Zoldat_A]

Quote: Lev_Russia

Gasket banks will appear that will do just this and will not be afraid of American sanctions... The Chinese are great masters at circumventing all kinds of sanctions...

As a “Toyota driver” with thirty years of experience, I will say.
Toyota left Russia. Forever and ever. Only after that I bought a new car through China, and the service always has any original spare parts in stock and on order. If Toyota doesn't want to make money in Russia, the Chinese will make money. They will not hesitate to pick up something if someone has thrown it away “out of great intelligence.”

There are three Toyotas in the house, one of my wife's and two of mine. I'm seriously considering purchasing the first "Chinese" car in my life. According to the reviews of friends who have owned “Chinese” for many years, the expression “Chinese means dirty on the knee in the garage” should have been forgotten forever 10-15 years ago.

[tralflot1832]

Edik. There is a funny point when a foreigner from an unfriendly country sells his business in Russia. He must voluntarily (soldering iron, if anything is already included) transfer to the budget of the Russian Federation (to the Northern Military District ) 10% of the deal. This is why the West is so reluctant to leave Russia.

[Aken]

For large Western companies these are seeds.

[Edik]

I agree, the imperialists don’t have a lot of money, they’re all making money off the poor Western proletariat!

[Aken]

There has been no proletariat in the West for a long, long time.

[Edik]

Help.

The proletariat (from the Latin proletarius - “producing offspring”) is a social class for which wage work (selling one’s own labor power) is essentially the only source of livelihood.

Well, don’t you agree that he’s poor?

[Aken]

This certificate has been out of date for a long time.
Much water has passed under the bridge since the days of Marx's Capital.
So I don’t know who is poor there.

[Edik]

Quote from Aken

Much water has passed under the bridge since the days of Marx's Capital.

That's the number! So you don't respect the philosophical, economic and political teachings of Marx?

Quote from Aken

So I don’t know who is poor there.

Correct answer! If you say that they are rich there, but how can they be rich if the imperialists squeeze all the juice out of them! If you say that they are poor, then it turns out that we live well in Russia, and, accordingly, then it turns out that Russia is on the fan throw...

[Aken]

I haven't talked about this topic for a long time.
Let's do it in order.
1. Marx created his doctrine during the time of the third technological order, when there was still serfdom in Russia.
2. When the 4th technological order arrived, Stalin actively refined the doctrine.
3. After the Trotskyist coup of 1956, all Stalin’s developments were destroyed and the theory rolled back 100 years ago. In 1990, in the USSR, the theory remained at the level of 1867, with individual inclusions no later than 1924.
4. Now the world is moving to the 6th technological structure.
Today, remembering the legends of deep antiquity and pretending that society has not changed in 150 years is at least naive.
Marx's teaching is the basis. Like the Boyle-Mariotte law, which you need to know.
But it cannot be used in everyday activities, just as BM cannot be used to calculate the heat release of a nuclear power plant reactor.
Therefore the correct answer is:
The proletariat in Marx’s understanding has not existed for several generations.
Capitalists squeeze out the main juices not through the exploitation of manual labor in factories, but through derivatives.

[Edik]

Quote from Aken

derivatives.

Explain to me what this is and how?

Quote from Aken

The capitalists squeeze out their main profits not through the exploitation of manual labor in factories,

Well, thank God they stopped!

[Aken]

1. This cannot be explained in a nutshell. Here are a couple of links to get you started:
https://pptcloud.ru/raznoe/derivativy
https://www.finam.ru/publications/item/derivativy-chto-eto-prostymi-slovami-20210430-17300/
But I warn you right away - this is a liberal disguise.
Master it - look for extensive information on the Internet. You will learn a lot of interesting things.
2. Yes, they stopped a long time ago. If you have suffered until now because of the unfortunate fate of the proletarians, then you can exhale. Baba Yaga has not pricked skulls onto stamens for a long time. You don't have to be afraid of her.

[Edik]

So now they are not exploiting, but simply robbing?

[Aken]

They rob, they rob. Nevermind.

[Edik]

Quote from Aken

They rob, they rob. Nevermind.

Well, if they rob, does that mean they are still poor and not the proletariat, but just people?

[Edik]

Okay, don’t be puffed up! Your answer: our oligarchs are greedier.

[Aken]

My answer: Not for horse feed.

[Edik]

Listen, smart guy, did you want to surprise me with derivatives? I know this topic inside and out! I just tore my stomach the way you excused yourself! And there was a great desire to see where your cunning would go? Come on, continue, don’t give up. I’d really like to know what else you’ll stick here about the stock exchange and how unfinished bourgeois squeeze out money from scrubbers Are you by any chance, how are you? He made me laugh just as much. I’m waiting

[Aken]

Edik, you are hilarious in your childish spontaneity.
Judging by the hysteria, you never completed those two links. And there he goes to discuss Marx! Where are you and where is Marx?
Your understanding of Marxist-Leninist theory at the level of a Komsomol candidate before visiting a rural district committee.
I have hidden 3 bookmarks in my posts. You looked through them successfully, thereby demonstrating your level of knowledge, understanding of the problem and breadth of thinking.
Don't expect anything more from me. You're not interesting.
And if you get in the way again, you will again leave humiliated and insulted.

[Edik]

Brut is not the answer, it’s a drain, the same as always from you, pseudo-communists. He puffed out his cheeks here with a smart look. He wrote so much and had nothing to say! Firstly, you didn’t prove anything, and secondly, at the most interesting moment with a mysterious look disappeared over the horizon! Thanks for the mood! When a communist gets into the economy with his politicized snout, it can be written off! The USSR is proof of this!

[Aken]

My answer: Not for horse feed. And the beads ran out.
With the mess that’s in your head, I advise you to reconsider the range of products you consume. Slops, they may be tasty to some, but they are not at all healthy.
I say goodbye to this.
Your virtual scalp has taken a place in my collection.

[Edik]

And so where we ended!
1.

Quote from Aken

Your understanding of Marxist-Leninist theory at the level of a Komsomol candidate

I don’t care about your Marxist theory, and it doesn’t interest me at all! It was just funny to me how you painted up the façade of communism. This in particular had nothing to do with our dispute. We weren’t talking about it!
2.

Quote from Aken

1. This cannot be explained in a nutshell.

Giving any links is not comme il faut.
3.

Quote from Aken

And the beads ran out.

Quote from Aken

https://pptcloud.ru/raznoe/derivativy
https://www.finam.ru/publications/item/derivativy-chto-eto-prostymi-slovami-20210430-17300/

Are these beads? Your links?
3.Keep your Leninist theories to yourself, our country has already been through this, you are dinosaurs that will soon become extinct, we said about real life and economics.
4. In fact, I didn’t hear anything except slogans!
5. Talking about the inadequacy of an opponent without giving reasons is the lot of flawed people.

[phrases]

You can mock, but the global monopolies are connected with the gang leaders and the owners of the money and agree to losses in one case - if they are covered for them, and there is no doubt that they will be covered. In the end, customers pay for everything.

[Hoc vince]

This is probably where Turkish President Recep Tayyip Erdogan’s loud statement comes from that supposedly German Chancellor Olaf Scholz has changed his mind on the issue of negotiations with Russia and is “ready to be friends”?
"The traders were having fun. They did the math and shed a few tears."

[YOU]

As always, there is a plus and a minus. Minus spare parts and some raw materials are difficult to replace. But there are already precedents, companies are starting to produce spare parts. parts for imported equipment, the main thing is that after this the production of our own equipment begins. But if something happens, those who decide to return or new ones should be allowed in only on the conditions of developing production here, with the transfer of technology, or go through the forest.

[75 Sergey]

Now diasporas are investing in real estate that was pledged to foreign banks, after which Moscow will become even more...

[APASUS]

American democracy is very interesting. They recommend that business leave Russia and business goes along with it. But no one will compensate, it’s your decision.

[Petr_Koldunov]

Quote: APASUS

American democracy is very interesting. They recommend that business leave Russia and business goes along with it. But no one will compensate, it’s your decision.

If this were so, it would at least be logical. But the point is that democracy, under the guise of “recommendations,” simply breaks people down, using blackmail and threats to force people to leave Russia... and they don’t pay compensation. Although the decision on the veil was made not by the company, but by the State Department!

[parusnik]

and also develops its own production of necessary products.

In general, life is getting better...

[stelltok]

In general, life is getting better

Are you talking about the Muscovite car?

[parusnik]

No, about foreign exchange rates...

[rocket757]

The sanctions imposed against Russia brought more harm to those who supported them.

. Oh well, they “supported”, followed the instructions/orders of the owner and that’s it.
There is nothing else there, with rare exceptions... that is, there are not so many useful fools, in fact.

[lisikat2]

My husband says: in electronics, 55 percent is his own development, and the rest. With the help of: China and...

[tralflot1832]

Particularly stubborn ones receive rubles to account S. Like Shell, for example. Or they could not show off and get $ 1 billion from Novatek for Sakhalin 1 and 2. And Gazprom only holds rubles in high esteem now.

[ximkim]

In turn, our country is rebuilding trade chains, finding partners in friendly countries, and also developing its own production of necessary products. Thus, companies that leave Russia risk losing our market forever.

All the same .
Only now you have to pay more and wait longer.
There can be no talk of import substitution or development, since this leads to development, and not to pumping out money.

[Zorro21]

losses of foreign companies from leaving the Russian market exceeded $107 billion

If something has left somewhere, it has certainly arrived somewhere. The whole question is where did it arrive? The sums are huge, but no one has abolished corruption in Russia.

[zloybond]

It’s neither cold nor hot from such news. Let them write it there and think about it, we have plenty of our own things to do. Must be replaced without right of return.

[VladimirNET]

Quote: from the title of the article

losses of foreign companies from leaving the Russian market
exceeded $107 billion

And it pleases! It seems that the USA and the Russian Federation are working together, pushing the EU out of all markets, including ours, freeing it up for our companies or friendly ones, if there is nothing else to replace it with.

It’s surprising that Western companies are so afraid of sanctions from “their own”
that they are selling their property at a 50% discount:
what was previously yours will now become Russian, go ahead and sing! )))

[bone1]

Well, you have to throw it at the Austrian brick manufacturer - how are we now without bricks?

[Petr_Koldunov]

Russian authorities are constantly tightening requirements for the exit of foreign businesses, currently requiring a “discount” of about 50% when selling assets.

Is this an adequate response to the boorish behavior of the West??? There should be no sale of assets at all! If you want to leave, leave! He put his panties in a matchbox and took the plane home to Frau Martha and the snotty Hans and Gretchen... And Russia takes away the assets - just like they took away everything that was Russian there, right up to the nationalization of Gazprom’s property in Germany - with terminals, storage facilities and all infrastructure!
Otherwise, they are happy and happy: they are leaving comfortably, and Russia is also paying them for it!

[Gardamir]

It's hard to live in a country of distorting mirrors. Even if something was lost in the West, nothing arrived in Russia. There is no reason for joy.
And for the truly Z-patriots, I remind you that the imperialists of Russia live in harmony with the imperialists of the West.

[gsev]

Quote: Gardamir

Even if something was lost in the West, nothing arrived in Russia.

Schneider and Siemens left Russia. I can now recommend Chinese frequencies to Alrosa at 3 times cheaper than they bought from Schneider. It’s just that top managers of Aeroflot and oil and gas companies love to go on business trips to the USA and Europe, and in order to have a reason for this, they are ready to buy at three prices in the West and not in China. While Schneider had frequency devices in stock in Russia, Alrosa refused to even consider prices for Chinese equipment.

[MaxKruh]

107 billion divided by the number of companies, we didn’t lose that much.