While the French employers’ body Medef is encouraging French companies operating Russia to continue their business activities in the country, pointing in particular to their responsibilities as employers, these companies are nevertheless facing a rising tide of criticism. French multinationals are thus facing a Cornelian dilemma as they risk nationalization by Russia if they exit the country.
After the Russian bombing of a Leroy Merlin store in the north of Kiev, which caused the death of at least eight people according to the Ukrainian General Prosecutor’s Office, the Ukrainian employees of the French DIY chain launched a petition on 21 March, calling on Adeo (Leroy Merlin holding company), and two other companies (Auchan, Décathlon) in the Association Familiale Mulliez group (AFM) to cease their activities in Russia. “We vigorously ask Adeo and AFM to cease their activities in...
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