Chinese 100, 50, 20, 10 and 5 yuan bills and Russian 1,000 and 100 ruble bills - Sputnik International
Economy
Get breaking stories and analysis on the global economy from Sputnik.

What Sanctions? International Companies Still Believe in Russia

© AFP 2023 / FABRICE COFFRINIPeople share a lunch during the World Economic Forum (WEF) annual meeting on January 24, 2015 in Davos
People share a lunch during the World Economic Forum (WEF) annual meeting on January 24, 2015 in Davos - Sputnik International
Subscribe
International companies have remained in Russia and believe in its potential, Ernst & Young Managing Partner for Russia Alexander Ivlev said Wednesday.

Davos, World Economic Forum - Sputnik International
Davos Analysts Name Main Risks to Global Economy in Next 10 Years
DAVOS (Switzerland) (Sputnik) – Ivlev noted that international companies might have frozen their budgets in Russia but they have stayed in the country.

"International companies still believe in Russia," Ivlev said on the sidelines of the World Economic Forum, currently underway in the Swiss town of Davos, pointing to the success of Russian digital technologies.

"In the current environment, I do not see that Russia is somewhat lagging behind," he said, underscoring that he personally had a "positive" outlook on Russia.

Ernst & Young is one of the four largest audit firms in the world, with its headquarters in London. It has 190,000 employees and more than 700 offices in over 150 countries.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала