Russia's raid on Carlsberg and Danone will likely see other foreign firms still there "stampede to the exit", the Yale School of Management says.
With one swipe of his pen last Sunday (16 July), Russian president Vladimir Putin suddenly snatched control of Carlsberg and Danone's Russian beer and yoghurt-making subsidiaries.
Neither the Danish brewer nor the French food-maker would tell EUobserver how much this will cost them, but the subsidiaries accounted for between 2 and 6 per...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? LoginAndrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.
Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.