Koch Industries refuses to break ties with Russia despite Corporate America’s mass exodus | Salon.com

Charles Koch and Vladimir Putin (Photo illustration by Salon/Getty Images)

Over the past two weeks, Koch Industries has distinguished itself as one of the few major corporations to remain in Russia as the country’s president, Vladimir Putin, continues to carry a full-scale military invasion of Ukraine. Nearly 400 companies – such as McDonald’s, Starbucks, BP, Deloitte, Ford, GM, Hilton, and Netflix – have suspended their operations in or divested from the Russian economy.

Still, Koch Industries is not the only laggard. Companies like Halliburton, AbbVie, Bosch, Cargill, Subway, White & Case, Accor, and Amway have apparently refused to sever ties. Many of them have argued that breaking away from the country would be most punishing to Russian citizens, especially amid crippling U.S. sanctions.

Source: Koch Industries refuses to break ties with Russia despite Corporate America’s mass exodus | Salon.com

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