Posted on Mar 18, 2022
Koch Industries stays in Russia, backs groups opposing U.S. sanctions
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As hundreds of major U.S. companies exit Russia over its invasion of Ukraine, Koch Industries is staying put.
Koch Industries stays in Russia, backs groups opposing U.S. sanctions
Posted from cbsnews.com
Koch Industries
Russia
Ukraine
Posted 2 y ago
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For any company based in the US and doing business in Russia, tax them at 95%.
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PO1 William "Chip" Nagel
"As hundreds of major U.S. companies exit Russia over its invasion of Ukraine, Koch Industries is staying put.
The industrial conglomerate — the second-largest privately owned business in America, with $115 billion in annual revenue — is among those defying public pressure and continuing to operate manufacturing plants and sell products across Russia, while up until Wednesday remaining mum on that nation's relentless assault on Ukrainian cities.
Wichita, Kansas-based Koch has several business lines in Russia, and is among the nearly 40 companies described as "digging in" by refusing to curb or stop business in that nation, according to a tally compiled by Yale University professor Jeffrey Sonnenfeld and his research team."...
"As hundreds of major U.S. companies exit Russia over its invasion of Ukraine, Koch Industries is staying put.
The industrial conglomerate — the second-largest privately owned business in America, with $115 billion in annual revenue — is among those defying public pressure and continuing to operate manufacturing plants and sell products across Russia, while up until Wednesday remaining mum on that nation's relentless assault on Ukrainian cities.
Wichita, Kansas-based Koch has several business lines in Russia, and is among the nearly 40 companies described as "digging in" by refusing to curb or stop business in that nation, according to a tally compiled by Yale University professor Jeffrey Sonnenfeld and his research team."...
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One company hit piece. Better to read about the others too in varying degrees.
https://fortune.com/2022/03/16/companies-leaving-russia-list-accountability/amp/
https://fortune.com/2022/03/16/companies-leaving-russia-list-accountability/amp/
A widely shared list of U.S. companies leaving and staying in Russia is holding business leaders...
Western companies that keep doing business in Russia despite the Ukraine invasion owe their employees, customers, and shareholders an explanation.
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