Auchan, Renault, Engie, Alstom… These French giants caught upside down in Russia

TO ANALYSE – The war started in Ukraine by Putin and the retaliatory measures decided by the West handicap the activity of tricolor groups.

The Blitzkrieg led by Putin in Ukraine could cause collateral victims among French groups. Whether exporting to Russia, producing there or sourcing there, many risk being overtaken by retaliatory measures from Europe and the United States. Bercy set up an information site on Monday to answer their questions about sanctions and cyber risk, but also to provide information on supply tensions and energy prices.

Already, it is physically almost impossible to transport “made in France” products to Russia. Constraints on international payments could prevent imports. The most locally integrated groups (because their customers and suppliers are Russian) hope to continue to operate normally. None have called back their expatriates and all are careful not to support Ukraine, despite calls to this effect from their teams in Kiev…

Auchan aims for continuity of supplies

If he has to regularly…

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