To Leave Or Not To Leave Russia? Western Firms Grapple With Dilemma Amid Rising Costs And Bureaucratic Hurdles
Portfolio Pulse from Benzinga Neuro
Western firms like Avon Products, Air Liquide, and Reckitt are facing significant challenges in exiting Russia due to rising costs, bureaucratic hurdles, and geopolitical tensions. Despite the complications, some companies like PepsiCo and Coca-Cola Hellenic continue to operate successfully in the region.
May 28, 2024 | 2:53 pm
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Air Liquide is facing government obstacles in selling its Russian business, complicating its exit strategy.
Air Liquide's difficulties in divesting its Russian operations due to government obstacles could negatively impact its stock in the short term as investors react to the increased uncertainty and potential financial strain.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
PepsiCo maintains a robust dairy operation in Russia despite the geopolitical tensions and challenges faced by other Western firms.
PepsiCo's continued success in Russia, despite the challenges faced by other Western firms, could positively impact its stock as it demonstrates resilience and operational stability in a volatile market.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60