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Some 150 European companies keep operating in Russia

Moscow, Mar 14 (Prensa Latina) Around 150 companies from Belgium, Luxembourg and the Netherlands kept their operations in the Russian market, said the general director of the Belgian-Luxembourg Chamber of Commerce in Russia, Oleg Prozorov.

These entities,who carry out their work in more than 30 regions Russian soil, represent a wide variety of sectors, such as agriculture, pharmaceuticals, aviation, high technologies, chemistry and medicine.

Companies that have left Russia has done so far, for various reasons, there are some who have been carried away by emotions; others, due to objective circumstances, like the low demand at the moment, but for the majority it is a temporary decision, Prorozov states.

Following the start of Russia’s special military operation in Ukraine, hundreds of companies, mostly European, announced the decision to end their business in and with Russia.

Referring to this issue, the president of the lower house of the Russian parliament, Viacheslav Volodin, assured last January that 75.9 percent of foreign companies continue to work in the country.

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