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Stock impact report

Russian barriers to re-entry stymie prospects of Western companies' return [Yahoo! Finance]

RENAULT SA UNSP/ADR (RNLSY) 
NASDAQ:AMEX Investor Relations: group.renault.com/en/finance-2
Company Research Source: Yahoo! Finance
President Donald Trump returned to the White House promising a swift end to the conflict in Ukraine and sparking an early flurry of excitement that Western companies could come flooding back to Russia, realism has set in. Moscow is putting up barriers to re-entry for the thousands of companies that halted operations or sold assets in the country after Russia launched its military offensive, according to government officials and four Russian lawyers. Western companies looking to regain market share face tough negotiations, mountains of paperwork and reputational risks, according to conversations with 12 people in Russia's retail, auto and financial markets. Companies including McDonald's, Germany's Henkel and Hyundai Motor secured buyback agreements when exiting, but returning will not be simple as the government moves to keep a grip on strategic sectors and promote domestic production and businesses. "The Russian authorities will not cancel options that outgoing foreigners con Show less Read more
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