German corporations
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Once upon a time in Russia
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They have relied on Russia in the past (clockwise from top left): VW built its own plant, Uniper has a stake in the power plant operator Unipro, Metro and Adidas each have their own locations in the country.
(Photo: dpa/Unipro/Imago (2))
Volkswagen, Uniper, Metro, Adidas: Many large German companies have always done business with Russia. Now almost all of them are leaving the country – with serious consequences.
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Caspar Busse, Elisabeth Dostert, Jens Flottau, Thomas Fromm, Michael Kläsgen, Benedikt Müller-Arnold, Uwe Ritzer and Meike Schreiber
They were among the first: Siemens delivered to Russia as early as 1851, and the business relationship survived difficult times. However, last week Siemens also reacted to the Russian invasion of Ukraine and discontinued its new business in Russia. Almost all German companies are like Siemens: Many are involved in Russia with large sums of money – and almost all are now leaving, but not all are doing so quickly and consistently. There is also talk of Russia nationalizing sites.
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