INSUBCONTINENT EXCLUSIVE:
Nearly 10,000 companies with foreign involvement have exited Russia in the two years since it invaded Ukraine, the Vedomosti business
January-October 2023, totaling 9,600, according to the publication.Overall, Vedomosti said 23,500 companies with foreign co-owners have been
liquidated since March 2022.The discrepancy between the 9,600 and 23,500 figures is explained by the number of new companies with foreign
25% over the same period.Companies with co-founders from Turkey and India accounted for 3% and 2% of firms last year respectively.Likewise,
Vedomosti said a total of 116,400 legal entities with foreign involvement were registered in Russia as of late 2023
Spark-Interfax report as saying.Experts interviewed by the publication attributed the decrease in foreign-affiliated companies in Russia to
