Some Foreign Companies Have Stayed in Russia, Including Because of Social Responsibility
Only 11% of our members have left, far fewer than people think when they read articles and listen to the media. 4% are still deciding whether or not to go. That means 85% remain in Russia. Of these, 12% are cutting back on operations while 6% are expanding their business in Russia. So I would say that [the situation] with American business in Russia is not as bad as they might say — Robert Agee, President, Chief Executive Officer, American Chamber of Commerce in Russia.
In general, Italian companies have not left Russia. This means that, in the main, companies are doing sustainable business here. They are expressing a desire to continue cooperating with Russian companies, to remain on the Russian market. They face a multitude of problems at the day-to-day level. In particular, in the given situation, in fact they are small ones. This allows them flexibility and autonomy in decision-making – that is why they are here, why they are not all that dependent on foreign factors — Alfredo Gozzi, General Director, Association "Confindustria Russia".
There is one specific – our attention to social responsibility. First of all, we all think about social responsibility toward our staff. For the Italian legislation, labour relations are extremely important, and relations with employees are the most important a company can establish. No matter what passport the employee holds in their pocket – Russian or Italian — Vincenzo Trani, President, Italian-Russian Chamber of Commerce.
We currently have 550 people working with us – I must say that we are keeping you on because that was a political decision. <…> The Chamber has 60 staff members and I would feel very uncomfortable saying: "I’m sorry but we are closing our doors because of what is happening in Russia right now — Emmanuel Quidet, President, French-Russian Chamber of Commerce and Industry.