At a technology fair in Moscow last month, European executives faced the new reality of doing business in Russia since the West imposed sanctions: the number of companies at the international showcase had shrunk by half from a year ago.
“The impact on business couldn’t be clearer. Fewer stands, fewer companies,” said Mark Bultinck, a sales executive for Belgian digital screen maker Barco, which had a booth at the annual expo for the audiovisual industry.
The impact of the sanctions was already clear to Barco.
The company lost Russia’s biggest shipbuilder as a client when the United States and the European Union blacklisted …read more
Source: Newsweek
