Foreign companies exiting Russia over its invasion of Ukraine have amassed losses of $107 billion.
Despite thousands pledging to leave, only 372 companies have exited Russia since the war started.
At that time, foreign companies leaving Russia had lost over $80 billion in the departure process.
Thousands of foreign companies pledged to leave Russia after it started the war in Ukraine.
Other than writedowns and lost revenue, departing foreign companies have also been paying huge fees to the Russian government.
Persons:
—, Vladimir Putin's, Ian Massey
Organizations:
Service, Reuters, Washington, Moscow . Companies, Kyiv School of Economics, Companies, HSBC, Polymetal International, Kremlin, RBC Daily, Ikea
Locations:
Russia, Ukraine, writedowns, Moscow