19 Feb, 06:10

RDIF head expects some US companies to return to Russia in second quarter of 2025

Kirill Dmitriev said earlier that US businesses had lost over $300 bln after leaving Russia

© Artem Geodakyan/TASS

MOSCOW, February 19. /TASS/. The Russian Direct Investment Fund (RDIF) expects a number of US companies to return to the Russian market in the second quarter of 2025, RDIF CEO Kirill Dmitriev told TASS.

"RDIF expects that a number of American companies will return to the Russian market as early as in the second quarter of the year. However, the return process won’t be easy for US companies as many niches are already occupied by others," he pointed out.

Dmitriev said on Tuesday that US businesses had lost over $300 bln after leaving Russia.

According to data provided by the RDIF head, the majority of losses occurred in the IT and media sector ($123 bln). Consumer sector and health companies lost $94 bln, followed by financial companies ($71 bln), industries ($26 bln) and the energy sector ($10 bln). The total losses that US businesses suffered stand at about $324 bln.

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