No Western companies have applied to return to the Russian market, a top official says [Business Insider]
RENAULT SA UNSP/ADR (RNLSY)
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Source: Business Insider
Western brands "will be waiting for their management to give a signal," Medvedev said. Companies that left Russia include fast-food giant McDonald's and coffee chain Starbucks. Medvedev indicated it wouldn't be easy for the foreign companies — who he said left on their own accord — to return to Russia, as the country's businesses have filled their shoes. "Our companies have taken many niches by now, well done to them. New expertise, new production sites, and even whole sectors appearing amid sanctions have emerged. They fairly earned their place in the sun, and they are ours, Russian," Medvedev said on Thursday. Medvedev's comments echo those made by Anton Alikhanov, the Russian industry and trade minister, who said last month that
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