FRANKFURT, Germany — (AP) — More than 500 companies have suspended their business in Russia, and a similar number have withdrawn completely.
An additional 151 are “scaling back,” 175 are “buying time” and 230 are “digging in,” according to database kept by Yale University. Chinese companies figure prominently in the last category.
Here’s a look at some of the Western companies that have chosen to stay or exit Russia:
— Volkswagen on Friday closed a deal to sell its Russian business, including its plant in the western city of Kaluga with 4,000 employees, to an entity supported by Russian dealer Avilon.
The agreement had been delayed for months by a lawsuit from Russian automaker GAZ. It made cars under contract for VW until the partnership was ended by what the Germany company calls a mutual agreement in May 2022.
Though VW has disposed of its Russia business, it still must contend with the lawsuits.
— KFC owner Yum! Brands withdrew …