You're reading: Poroshenko says 60 percent of international companies present in Ukraine close Russian offices

Ukrainian President Petro Poroshenko has said over 60 percent of international companies present in Ukraine have closed their offices in Moscow and are now managed from European headquarters.

“I want to thank all international companies that have changed their management structure in the region. More than 60 percent of the companies present in Ukraine, which previously closed offices in Moscow, are now subordinated to their European headquarters. This is a right decision indeed,” the president said at a meeting between government and business in Kyiv on Friday.