The Wholesale Group wants to stick to its commitment to Russia.
(Photo: Bloomberg)
Düsseldorf Telecom has already felt the pressure on the Yale professor’s list. Jeffrey Sonnenfeld, professor of economics at American Elite University, updates a daily observation showing Western companies are still holding onto their Russian business and those that have withdrawn.
At the end of March, Telekom also appeared on the list – in the worst category, which condemns the companies because they are still active in Russia. Just a day later, the Bonn state-owned company announced that it would be closing its IT location in St. Petersburg. According to Telecom, there is no connection. However, according to information from Handelsblatt, some officials feared damage to his image by being listed on the Yale list.
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Connor Beaumont is a contributor to CA News Ottawa, covering news, politics, business, technology, sport, entertainment, and lifestyle. He focuses on clear, accurate reporting and useful information that helps readers stay informed about current affairs and developments that shape their communities. His work highlights relevant stories, emerging trends, and important issues, presenting them in a balanced, accessible, and reader-friendly manner.
