Following the Russian invasion of Ukraine that started on February 24, 2022, several German companies decided to continue at least some of their operations in Russia. One of them was Bionorica, the leading manufacturer of herbal medicines. The Russian market accounted for approximately one third of the company's revenue as of March 2022. Furthermore, sales in Russia were estimated to occupy around 14 percent of Globus and Stada's total revenue.
Share of the Russian market in the revenue of selected German companies that continued their operations in Russia after the invasion of Ukraine as of March 2022
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Deutsche Welle. (March 17, 2022). Share of the Russian market in the revenue of selected German companies that continued their operations in Russia after the invasion of Ukraine as of March 2022 [Graph]. In Statista. Retrieved July 23, 2024, from https://www.statista.com/statistics/1301988/russian-share-in-revenue-of-german-companies/
Deutsche Welle. "Share of the Russian market in the revenue of selected German companies that continued their operations in Russia after the invasion of Ukraine as of March 2022." Chart. March 17, 2022. Statista. Accessed July 23, 2024. https://www.statista.com/statistics/1301988/russian-share-in-revenue-of-german-companies/
Deutsche Welle. (2022). Share of the Russian market in the revenue of selected German companies that continued their operations in Russia after the invasion of Ukraine as of March 2022. Statista. Statista Inc.. Accessed: July 23, 2024. https://www.statista.com/statistics/1301988/russian-share-in-revenue-of-german-companies/
Deutsche Welle. "Share of The Russian Market in The Revenue of Selected German Companies That Continued Their Operations in Russia after The Invasion of Ukraine as of March 2022." Statista, Statista Inc., 17 Mar 2022, https://www.statista.com/statistics/1301988/russian-share-in-revenue-of-german-companies/
Deutsche Welle, Share of the Russian market in the revenue of selected German companies that continued their operations in Russia after the invasion of Ukraine as of March 2022 Statista, https://www.statista.com/statistics/1301988/russian-share-in-revenue-of-german-companies/ (last visited July 23, 2024)
Share of the Russian market in the revenue of selected German companies that continued their operations in Russia after the invasion of Ukraine as of March 2022 [Graph], Deutsche Welle, March 17, 2022. [Online]. Available: https://www.statista.com/statistics/1301988/russian-share-in-revenue-of-german-companies/
