"We are committed to further reducing business activity in Russia while we continue to consider such potential deals," the press release said.

It is noted that the market conditions for business in Russia are very difficult.

Local and international laws and regulations governing the sale of businesses in Russia are subject to constant change.

In January, State Duma Chairman Vyacheslav Volodin noted that almost 76% of foreign companies continued to work in Russia, despite the statements of many organizations about leaving the country.

As the parliamentarian noted, most international firms preferred to stay, because they believe in good prospects for the Russian economy.