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Italian firms bullish on Russia – industry group ...News
Companies continue to defy outside pressure, the head of an entrepreneurial association has said Italian companies will continue to operate in Russia despite “enormous” difficulties and pressure from the EU, the president of the Association of Italian Entrepreneurs in Russia, Vittorio Torrembini, told RBK on Tuesday. Only two Italian companies have sold their businesses in Russia thus far, including state-owned energy giant Enel, Torrembini said without naming the second firm. “Except for the oil and gas sector, all others have stayed. Some [firms] have reduced the number of employees but nobody has left Russia,
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