RE: Russian ultra fast grocery funding to be removed....25 Feb 2022 10:51
These Russian companies have subsidiaries registered in other countries and whilst some 51% is Russian owned, they are not pariahs as we are told most oligarchs are. They employ many Europeans and pay taxes as required and owe money from borrowing. Sending their profits and dividends back to their Russian shareholders will be an issue but such will be held back and paid at a later date. I say "profits" for like Ocado, they have development costs and borrowing which count against profits. No reason they will not continue to thrive