“Companies across the West are retreating from Russia in the wake of President Vladimir Putin’s decision to invade Ukraine. Some of France’s biggest firms are hanging on,” the Wall Street Journal reports.
“French firms say they are trying to go about their business in Russia, abiding by sanctions rules and hewing to guidance from the government of President Emmanuel Macron. France has an outsize presence among the biggest foreign firms in Russia, with roots established in the wake of the Cold War. French companies became some of Russia’s biggest foreign employers, providing more than 150,000 jobs.”
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