Western companies getting slammed in Russia

Last Modified: Fri May 08 2015 22:27:16 GMT+0530 (India Standard Time)
  • 5
    worst hit American and European conglomerates feel the impact from the turmoil in Russia.
  • 4
    restaurants shutdown by McDonald's this week as Russia's consumer watchdog conducts checks on outlets as part of a food standards investigation
  • 5 %
    decline in Quarterly sales reported by Coca-Cola this week in Russia, Ukraine and Belarus
  • 7 %
    decline in half-yearly sales faced by Danish brewer Carlsberg, as Russian demand dries up. The company's stock has fallen 15% since the start of the year.
  • 30 %
    drop in earning forecast reported in late July by German sportswear company Adidas resulting in shutting of stores and scaling back expansion plans in Russia. Shares have plunged 37% since the start of 2014.
  • 8 %
    drop in car sales reported by German automaker Volkswagen blaming the drop in its Russia car sales during the first six months of the year on political tensions. Volkswagen shares are down 13% since the start of the year.