FT: The Kremlin suggested that the western company return to Russia

The corporation told the Russian authorities that it was too early to discuss the return of its brands, said the FT interlocutor. However, “it is obvious that many companies are looking for these opportunities,” he added.

The newspaper indicated the rapid return to the Russian international business market, said the newspaper: many companies had to go through a “painful” that leaves the country, including the sale of assets at a small price. However, companies have interest: this is not an “avalanche”, but many of them “probes the ground,” the western manager told FT.

Who is interested in returning to Russia? A consultant from Western companies told the newspaper that an international corporation contacted him, that he wants to buy a Russian business business (he did not specify the company’s name). In addition, according to interlocutors, preliminary requests for lawyers on the steps that must be taken to resume activities in the country have appeared in Russian real estate and advertising markets.

The FT sources claim that it will be the fastest return to Russia with companies such as Netflix, The Coca-Cola Company and McDonald’s, since they have a simple business model.

• The messages about the possible return of the foreign business to Russia appeared in the context of the negotiations of Russian and the United States in Riad on February 18. The meeting referred to the settlement of a military operation in Ukraine and the normalization of diplomatic relations between countries.
• The vice president of the Union of Pavel Lyulin shopping centers said the Spanish Inditex (Zara, Bershka, Pull & Bear and others) are negotiating to return to the Russian market. The media also reported the possible resumption of work in the country, including H&M, Uniqlo, Starbucks and Coca-Cola Company.