Mastodawn

The German Companies’ Game of russian Roulette

As of September 2023,

👉 67% of 393 German companies which had ties to russia at the start of 2022, continue to do business in the country, according to the #B4Ukraine Coalition and KSE Institute.

👉 Only 8% of #German firms had exited completely by selling or liquidation of business,

👉 and 25% are in the process of leaving the russian market

#Ukraine 🇺🇦 #SlavaUkraine
#StandWithUkraine

The German Companies’ Game of Russian Roulette

As of September 2023, 67% of 393 German companies which had ties to Russia at the start of 2022, continue to do business in the country

B4Ukraine

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anitavondannen Sep 28, 2023

@EugeneMcParland Italienischer an embarrassment.

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Gahmiaf Sep 28, 2023

@EugeneMcParland

This spring I dropped inquiries to German retailers what they think about having Mondelez in their portfolio.

The latter paying taxes in Russia, the former raising money for pro-Ukrainian charity projects or somehow claiming high moral standards.

Retailers' replies were all evasive, but Mondelez beat them all: thoughts and prayers.

In the end only money counts, not ethics. Only if they lose more money outside Russia than they make inside, companies will leave.

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LindaMarie Sep 28, 2023

@EugeneMcParland So way more than half of companies. That 67% number is huge! Helps to remember that East Germany existed not so long ago, and its fall plays a significant role in pulter’s world view, as well as many living in the east. I think to understand Schulz’s “scholzing”, one needs to widen the frame beyond discussion of cowardice and red lines.