350 European Companies Continue Operations in Russia Amid Difficulties

Approximately 350 European companies continue their operations in Russia despite ongoing difficulties, Tadzio Schilling, CEO of the Association of European Businesses (AEB), announced during a plenary session in Perm.

The statement was made at the Second International Socio-Political Hearings on Eurasian Security, currently being held in the city.

"Today, the Association of European Businesses represents around 350 companies that continue to work in the Russian Federation despite all the complexities," Schilling said. "The conference title includes two words: security and cooperation. As a business association, we cannot speak on security, but we can certainly speak on cooperation."

According to the AEB CEO, European businesses are currently facing immense challenges. He emphasized the need to start acting today to build a future and create a solid foundation for economic cooperation.

The International Socio-Political Hearings on Eurasian Security are taking place in Perm from May 20 to 23. The event focuses on the Russian President's initiative to form an architecture of equal and indivisible security and cooperation across Eurasia. The forum is attended by prominent political and public figures, diplomats, and business representatives from dozens of countries.

The hearings are organized by the Perm Region Governor's Administration and the Eurasian Dialogue, with the support of the United Russia party and the Russian Foreign Ministry.