Western companies are not willing to leave Russia despite the sanctions, as they understand that Russia’s economy will remain part of the global one, Hungarian Prime Minister Viktor Orbán said in his July 22 speech at the Free University and the student summer camp in the Transylvanian town of Baile Tusnad in Romania, TASS reported today.
Orbán said that, according to his information, 88% of pharmaceuticals, 79% of mining, 70% of energy and 77% of other European industrial companies that had been in Russia at the beginning of 2022, are still operating in the country. As regards the large companies, “Of the 1,400 major Western companies, only 8.5% have left Russia,” said Orbán.
