By Kyiv School of Economics As of February 4, 2024, 356 international companies (9.6% of the total number of entries in the KSE database or 27.8% of the companies that generated revenue in Russia in 2022) have entirely ceased operations in Russia. As of 2021, they had over half a million employees, in 2022 they generated $93.1 bn in annual revenue, $46.1 bn in capital, and $71.9 bn in assets. 1210 (32.7% of the total number of entries) foreign businesses employing 352.8K people, generating annual revenues of $73.1 bn, and owning assets of $124.6 bn have curtailed operations in Russia or announ…
