Why Putin is taking control of foreign companies that have left Russia

According to the BBC, Putin said that Russia could "introduce foreign management" in the case of companies that have stopped production.  They will then be handed over to those who show interest in running these institutions.  "We will find a legitimate way to take this step," he said. Russia's Sputnik news agency reports that Western nations have strongly condemned Russia's military action in Ukraine.  The countries have also imposed sanctions against Russia.  Since then, about 310 companies have withdrawn their operations from Russia.

 

 In this context, the Russian President said that it is important to take clear steps in the way foreign companies are withdrawing their activities from the market of his country. There is a legal way to do that," he said.  There is no room for arbitrariness here.  We will find a legal way to resolve this crisis. "Meanwhile, the Russia-Ukraine war has been going on for more than two weeks.  In the meantime, Russia has demolished one Ukrainian city after another.  The Ukrainian military has claimed that 12,000 Russian soldiers have been killed so far.  In addition, tanks and artillery were destroyed, warplanes and helicopters were destroyed in Russia.  In all, Russia has not been able to occupy Ukraine even after 14 days of war.

According to the BBC, Putin said that Russia could "introduce foreign management" in the case of companies that have stopped production.  They will then be handed over to those who show interest in running these institutions.  "We will find a legitimate way to take this step," he said. Russia's Sputnik news agency reports that Western nations have strongly condemned Russia's military action in Ukraine.  The countries have also imposed sanctions against Russia.  Since then, about 310 companies have withdrawn their operations from Russia.

 

 In this context, the Russian President said that it is important to take clear steps in the way foreign companies are withdrawing their activities from the market of his country. There is a legal way to do that," he said.  There is no room for arbitrariness here.  We will find a legal way to resolve this crisis. "Meanwhile, the Russia-Ukraine war has been going on for more than two weeks.  In the meantime, Russia has demolished one Ukrainian city after another.  The Ukrainian military has claimed that 12,000 Russian soldiers have been killed so far.  In addition, tanks and artillery were destroyed, warplanes and helicopters were destroyed in Russia.  In all, Russia has not been able to occupy Ukraine even after 14 days of war.

According to the BBC, Putin said that Russia could "introduce foreign management" in the case of companies that have stopped production.  They will then be handed over to those who show interest in running these institutions.  "We will find a legitimate way to take this step," he said. Russia's Sputnik news agency reports that Western nations have strongly condemned Russia's military action in Ukraine.  The countries have also imposed sanctions against Russia.  Since then, about 310 companies have withdrawn their operations from Russia.

 

 In this context, the Russian President said that it is important to take clear steps in the way foreign companies are withdrawing their activities from the market of his country. There is a legal way to do that," he said.  There is no room for arbitrariness here.  We will find a legal way to resolve this crisis. "Meanwhile, the Russia-Ukraine war has been going on for more than two weeks.  In the meantime, Russia has demolished one Ukrainian city after another.  The Ukrainian military has claimed that 12,000 Russian soldiers have been killed so far.  In addition, tanks and artillery were destroyed, warplanes and helicopters were destroyed in Russia.  In all, Russia has not been able to occupy Ukraine even after 14 days of war.

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