{
  "id": 4175279,
  "title": "Four years on: how have Russia’s Western companies fared during the war?",
  "url": "https://urgent.news/2026/08/29/four-years-on-how-have-russias-western-companies-fared-during-the-war",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-29T11:19:09.000Z",
  "source": {
    "name": "The Bell",
    "slug": "the-bell",
    "url": "https://en.thebell.io/four-years-on-how-have-russias-western-companies-fared-during-the-war/"
  },
  "original_language": "en",
  "account": "Four years after the invasion of Ukraine, the fortunes of Western companies that sold their assets to Russian entrepreneurs remain largely unchanged, according to a recent investigation by The Bell. Over 500 international businesses have left Russia since the start of the war, writing off assets worth $170 billion. These Western firms, which operated to high Western standards, were snapped up by local buyers at a fraction of their original value. Despite the significant growth in Russian business overall, which has increased revenues by 40%, the ex-Western assets have recorded almost no growth. This indicates that the Russian entrepreneurs who acquired these assets have struggled to turn a profit, despite the high-quality operations they inherited.",
  "summary": "More than 500 international companies have left Russia since the invasion of Ukraine in a mass exodus of Western businesses, writing off assets worth a combined $170 billion.",
  "key_points": [
    "Over 500 Western companies left Russia since the war began.",
    "Assets of these firms written off at $170 billion.",
    "Russian entrepreneurs struggle to profit from inherited assets."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}