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Western groups leaving Russia face obligatory donation to Moscow

Western companies leaving Russia will now be obliged to make a direct donation to the Russian state, raising pressure on companies that have not made a complete exit since Ukraine was invaded.

1 min read
  • Western companies leaving Russia will now be obliged to make a direct donation to the Russian state.
  • The new ruling raises pressure on companies that have not made a complete exit since Ukraine was invaded.
  • Previously companies leaving Russia could choose between making a voluntary contribution or having the payment deferred.
  • Now companies seeking to exit have no option but to make a direct contribution to Russia’s budget.
  • The decision by the commission affects hundreds of western companies that have indicated plans to withdraw from Russia.
Western groups leaving Russia face obligatory donation to Moscow
Move raises pressure on companies that have not made a complete exit since Ukraine was invaded
Financial TimesPolina Ivanova

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