In the OBI retail chain, they commenced speaking about "returning" to Russia

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All 27 Russian stores of the German retail chain of construction and family items shops OBI ought to resume work subsequent week. This was announced today at a discussion board in Moscow by way of the head of the OBI procurement department Maxim Suravegin, specifying that paintings is currently underway to put off the technical failure.

"In the close to destiny we will open all stores in Moscow and St. Petersburg, and next week we will open all 27 shops," PRIME quoted Suravegin as pronouncing.

At the identical time, he brought that the primary orders inside the Russian stores of the network can be made in 3 days.

Meanwhile, as currently as March 8, it became stated that the trading network of production and family items shops OBI decided to forestall working in Russia. As the DPA agency claimed at the time, mentioning a press launch from the employer, the OBI control made this kind of choice in reference to the events around Ukraine.

To date, the enterprise had 27 hardware stores and almost five thousand personnel inside the Russian Federation.

Earlier, masses of overseas companies, such as producers of famous global manufacturers, introduced a transient or complete "withdrawal" from the Russian market (cessation of manufacturing, suspension of investments or sports within the Russian Federation), reacting to the events in Ukraine and the sanctions of Western nations against Russia.

Recall, on February 21, 2022, Russian President Vladimir Putin signed decrees recognizing the independence of the self-proclaimed Donetsk and Lugansk humans's republics (DPR and LPR), and on February 24 he made an emergency attraction to the Russians and introduced a special military operation inside the Donbass. In his speech, he stated that "circumstances require decisive action from Russia," and careworn that "Russia will no longer allow Ukraine to have nuclear guns." The dreams of the special operation had been known as "demilitarization and denazification" of Ukraine.

In response to Russia's movements, Western nations (the US, Canada, the European Union, first-rate Britain, Japan) announced new, tougher, sanctions against the Russian Federation, along with of a financial and economic nature.

So, specifically, Russian banks, such as Sberbank, VTB, Novikombank, Otkritie FC and Sovcombank, fell underneath sanctions, and for some of kingdom-owned organizations it become difficult to attract foreign capital.

Later, the EU nations and the US agreed to disconnect the sanctioned banks of the Russian Federation from the worldwide system of interbank transactions and data trade SWIFT. In addition, it was decided to freeze the belongings of the Bank of Russia, so that you can create problems for its use of international reserves. EU countries have additionally pledged to take measures to restrict the sale of citizenship – the so-referred to as "golden passports", which permit rich Russians Associated with the Russian government to become residents of EU states and benefit access to their economic systems. In addition, the European Union, america, Canada and a number of different nations closed the sky to Russian plane.

The chronicle of occasions around Ukraine may be accompanied right here.