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The Russian Foreign Ministry spoke about the readiness of German companies to return to Russia

The News GlorybyThe News Glory
11/06/2022

Many German companies that have left Russia are signaling their intention to return as soon as the situation stabilizes, Oleg Tyapkin, director of the third European department of the Russian Foreign Ministry, said on Saturday, June 11.

“Many companies that were forced to announce their withdrawal from our country under pressure or because of the sanctions imposed on us by the European Union are signaling their intention to immediately return to the Russian market as soon as the situation stabilizes and the political press subsides from them,” leads his words “Interfax”.

At the same time, Tyapkin stressed that Moscow, in turn, does not drive German business out of Russia and does not intend to close the doors to it.

According to him, German enterprises that have suspended work in the Russian Federation are suffering “tens of billions of euros” of losses.

At the same time, Tyapkin warned Berlin that the rejection of Russian energy resources would affect the cost of production in this country and, accordingly, its position in world markets.

“The implementation of the intentions of the German government to force the refusal to import our hydrocarbons will deprive the energy-intensive and export-oriented industry of Germany of key resources, the availability of which directly affects the cost of its products and, consequently, its position in international markets,” he said.

At the same time, the Russian diplomat emphasized Moscow’s interest in developing relations with Berlin on the principles of equality.

On June 6, the Austrian Federation of Industry and the German Employers’ Association warned of far-reaching negative consequences for companies and jobs due to a possible embargo on Russian gas supplies. In a widespread statement, the leaders of the federation and the association, Rainer Dulger and Georg Knill, opposed restrictive measures against energy carriers from the Russian Federation.

The EU announced the final approval of the sixth package of anti-Russian sanctions on June 3. Restrictive measures include, among other things, the refusal of the member countries of the union to import oil from the Russian Federation for six months and the refusal of oil products for eight months.

On May 29, it was reported that gas storage facilities in Germany were not sufficiently filled for the coming winter. According to the head of the Federal Network Agency of the country, Klaus Muller, the accumulated reserves in Germany will not be enough in the event of interruptions in Russian gas supplies or their complete cessation. According to the agency, as of May 27, Germany’s gas storage facilities were 46.4% full.

German economist Christian Heinitz, in an interview with the Frankfurter Allgemeine Zeitung on May 17, expressed the opinion that if Germany is left without Russian gas and cannot find a replacement for it, the country will face big losses and a cold autumn.

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