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Putin Promises Tough Road Back for Western Businesses

The Daily Guardian

|

March 19, 2025

Western companies that "slammed the door defiantly" when they left Russia will not be allowed to buy back the businesses they quit for small amounts of money or fill niches that local businesses have taken, President Vladimir Putin said on Tuesday.

- AGENCIES

Hundreds of Western firms have exited Russia since Moscow sent tens of thousands of troops into Ukraine in February 2022.

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Companies have taken different approaches with some selling up, others handing the keys to existing managers or, in some cases, abandoning the assets altogether.

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