Now, a new report says that Russians acquired billions of such assets at a hefty discount.
Russian businessmen bought the assets of 110 Western companies"that have fully or partially left Russia" at bargain-bin prices,These assets were collectively valued at 35 billion euros, or nearly $40 billion, at the end of 2022, per the report. The media outlet came to this conclusion after analyzing the top 100 largest new owners by the value of the net assets they acquired. The data was compiled by the Kyiv School of Economics from theNovaya Gazeta did not specify how much the businesses were individually sold for, but said they were usually acquired for"next to nothing."
Nearly half of the assets analyzed by Novaya Gazeta — amounting to 1.6 trillion rubles, or almost $18 billion — was bought by