This is reported by the Tages-Anzeiger publication, citing a study by Professor Jeffrey Sonnenfeld of the Yale School of Management.

It is noted that 14 companies and organizations based in Switzerland have suspended their activities, but do not exclude the possibility of returning to Russia.

"Among them are the three largest watch manufacturers - Swatch Group, Richemont and Rolex, commodity giant Glencore and the International Football Federation FIFA," the material says.

It is also specified that 18 Swiss companies and organizations completely stopped their work in Russia or left the country.

On February 15, the Swiss authorities announced that the transfer of Russian assets frozen in the country to Ukraine is impossible in accordance with the current legislation.

The official representative of the Russian Foreign Ministry, Maria Zakharova, said that in the event of confiscation of assets in the West, Russia is ready to apply equivalent compensatory measures.