Hungarian companies forced out of Russia – emissary — RT Business News

According to Moscow’s ambassador to Budapest, Evgeny Stanislavov, Hungarian companies have been forced out of Russia due to pressure from elsewhere, despite a pragmatic approach to working in the country.

“For foreign companies, including Hungarian companies, profitable markets in Russia remain attractive despite logistical difficulties and other problems caused by the sanctions,” he added. the envoy told RIA Novosoti in an interview published Thursday.

Earlier this month, Hungarian Foreign Minister Peter Szijjarto said companies from his country that continue to do business in Russia face discrimination in Ukraine. He accused the Kiev authorities of banning the sale of drugs produced by the Hungarian pharmaceutical companies Gedeon Richter and Egis, and of calling for a boycott of the energy company MOL.

Stanislavov urged the Ukrainian government to focus on developing the attractiveness of its market for foreign investors, as “kyiv’s escalation of the military conflict is obviously damaging it,” according to the diplomat.

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