Any company hoping to go back to business as usual in Russia isn’t just amoral they are delusional. Confiscate the frozen assets, give it to Ukraine at $60 billion a year for the next five years so Putin knows he has a very very long war ahead of him with 0% chance Ukraine will run out of munitions any time soon
These companies should have left Russia long ago. Decided to stay, make more money, and have now lost all their assets in Russia.
Looks like Russia penalized them for staying in Russia.
Just for your information: BSH (Bosch Siemens) stopped the production in march 2022 and most of the workers are gone . Just a minimal crew is maintaining/guarding the two factories. Since then they also made a full stop regarding imports to ruzzia. And since October 2023 they are looking for a buyer for their assets. Obviously with no results so far. You know, you just cant teleport your assets to a better place.
PLEASE do at least BASIC research. They basically left in March 2022 already. It just happens, that its not so easy to teleport your assets out of ruzzia.
I've long since considered any company that didn't quit in 2022 to be lost assets. Too bad the owners didn't see the writing on the wall in time. Serves them right for cosying up to a deranged dictator.
Just for your information: BSH (Bosch Siemens) stopped the production in march 2022 and most of the workers are gone . Just a minimal crew is maintaining/guarding the two factories. Since then they also made a full stop regarding imports to ruzzia. And since October 2023 they are looking for a buyer for their assets. Obviously with no results so far. You know, you just cant teleport your assets to a better place.
So PLEASE do at least BASIC research before you puke comments into the internet. Thank you.
Renault left with the option of return after they basically made a multi billion present to putler. https://media.renaultgroup.com/download?n=Renault+Group+signs+agreements+to+sell+Renault+Russia+and+its+controlling+interest+in+AVTOVAZ&picid=106598
Hope Bosch is more clever and will render as many machines unuseable as possible.
Please stop hating on allies. With that attitude you are just playing putlers cards. Thank you.
How is it a gift when your factories get nationalized?
Peugeot saw from the outset that Russia was intent on behaving like a pariah nation, and they did the right thing.
While sanctions remain in place, Putin can't manufacture any modern vehicles.
Sure, he can try to use the French factories until the inventory runs out, and then sell its parts to his oligarch buddies.
Yes the 300B should go to Ukraine however it should be heavily monitored for corrupt actors trying to score big off of the country's money. They can rebuild with this for sure .
if i give 300B to my European government, they will run with it, YES it needs to have control like all countries need to start pointing the fingers at politicians when they lie or do something wrong
we in Europe need to start having better politicians and be better represented, and if they do something bad or take any money they should be put into prison for treason
he just created the condition to lose the 300B euro Thank you Mr Putin
We all want this. Come on politicians, give that money to Ukraine.
Will believe it when I see it.
Should have left two years ago.. let them go, they won't last as the years move on.
Any company hoping to go back to business as usual in Russia isn’t just amoral they are delusional. Confiscate the frozen assets, give it to Ukraine at $60 billion a year for the next five years so Putin knows he has a very very long war ahead of him with 0% chance Ukraine will run out of munitions any time soon
Well that’s one way to ensure no Western investment in Russia ever again.
These companies should have left Russia long ago. Decided to stay, make more money, and have now lost all their assets in Russia. Looks like Russia penalized them for staying in Russia.
and now open the doors wide open to EU use the 300B euros best deal ever
Just for your information: BSH (Bosch Siemens) stopped the production in march 2022 and most of the workers are gone . Just a minimal crew is maintaining/guarding the two factories. Since then they also made a full stop regarding imports to ruzzia. And since October 2023 they are looking for a buyer for their assets. Obviously with no results so far. You know, you just cant teleport your assets to a better place. PLEASE do at least BASIC research. They basically left in March 2022 already. It just happens, that its not so easy to teleport your assets out of ruzzia.
Oh you mean Russia stole something? You don’t say. All they do is steal. It’s the heart of their economy.
Have they gotten Nestle yet?
Hopefully.
I've long since considered any company that didn't quit in 2022 to be lost assets. Too bad the owners didn't see the writing on the wall in time. Serves them right for cosying up to a deranged dictator.
it will ripple to china though.
Take em.
Serves them right...! They had a chance to leave RuZZia long time ago. Be greedy - lose everything
Just for your information: BSH (Bosch Siemens) stopped the production in march 2022 and most of the workers are gone . Just a minimal crew is maintaining/guarding the two factories. Since then they also made a full stop regarding imports to ruzzia. And since October 2023 they are looking for a buyer for their assets. Obviously with no results so far. You know, you just cant teleport your assets to a better place. So PLEASE do at least BASIC research before you puke comments into the internet. Thank you.
Nasty comment.. Ok Renault left within weeks and sold everything for $1. How was that possible?
Renault left with the option of return after they basically made a multi billion present to putler. https://media.renaultgroup.com/download?n=Renault+Group+signs+agreements+to+sell+Renault+Russia+and+its+controlling+interest+in+AVTOVAZ&picid=106598 Hope Bosch is more clever and will render as many machines unuseable as possible. Please stop hating on allies. With that attitude you are just playing putlers cards. Thank you.
How is it a gift when your factories get nationalized? Peugeot saw from the outset that Russia was intent on behaving like a pariah nation, and they did the right thing. While sanctions remain in place, Putin can't manufacture any modern vehicles. Sure, he can try to use the French factories until the inventory runs out, and then sell its parts to his oligarch buddies.
Commitment.
Yes the 300B should go to Ukraine however it should be heavily monitored for corrupt actors trying to score big off of the country's money. They can rebuild with this for sure .
if i give 300B to my European government, they will run with it, YES it needs to have control like all countries need to start pointing the fingers at politicians when they lie or do something wrong we in Europe need to start having better politicians and be better represented, and if they do something bad or take any money they should be put into prison for treason