Sergej Sumlenny

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Last quote by Sergej Sumlenny

Sanctions always provoke a response. We're in a situation that threatens to become a vicious cycle of sanctions. The Russian authorities have already said they'll respond to European sanctions. If Europe in turn – the EU – imposes more sanctions, the situation would become even more difficult for companies. Business would get very uncomfortable if sanctions begin to spread, creating more and more problems with investment.feedback
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Sep 12 2014 Sanctions
Sergej Sumlenny has most recently been quoted in an article called Doing business in Russia, despite the economic sanctions. Sergej Sumlenny said, “In general, German and European companies are continuing to work in Russia because it is still an attractive market for them. Certainly this spiral of sanctions is unbalancing business strategies somewhat. We know that a large number of companies have already frozen their investment projects in Russia, companies are trying to put their money on hold.”. Sergej Sumlenny has been quoted a grand total of 5 times in 1 article.
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