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17,000 Ukrainian companies are owned by Russian or Belarusian citizens

Wednesday, 16 March 2022, 13:34

17,000 active Ukrainian companies have owners, founders or ultimate beneficiaries which include at least one citizen or resident of the Russian Federation or Belarus.

YouControl reports in a press release.

According to them, there are about 13,800 Ukrainian companies with ties to Russia and 3,300 to Belarus.

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"Cooperation with counterparties from the aggressor countries is undoubtedly risky due to the extremely high probability of negative financial consequences, operational losses and reputational damage", - said Danilo Globa, Deputy Director of Legal Affairs YouControl.

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