Newspaper: “Unfriendly” countries lose over $610 billion in revenue from Russia

Companies from “unfriendly” countries lost more than $610 billion in revenue in Russia between 2022 and 2025, while firms from “friendly” countries doubled their assets, Vedomosti reported.

According to the newspaper’s calculations based on company reports, businesses from unfriendly countries earned over $280 billion in Russia in 2021. Revenues then fell to $173 billion in 2022, $130 billion in 2023, and $103 billion in 2024, remaining roughly at that level in 2025.

Meanwhile, companies from friendly countries doubled their assets and revenues in Russia. In 2024, revenues of these firms exceeded $42 billion.

Vedomosti notes that companies that exited Russia lost about $26 billion in net profit over four years, while those that remained increased their net profit by $10 billion. Companies from unfriendly countries that continued operating in Russia lost $67 billion in revenue, whereas those that left or suspended operations lost $543 billion.

The 100 largest corporations from unfriendly countries suffered the greatest losses, losing $87 billion out of $153 billion in annual revenue.