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Russian companies embark on massive expansion to ‘friendly’ countries  
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Russian companies embark on massive expansion to ‘friendly’ countries  

Tax discounts and opportunities to boost exports have reportedly been behind the move to open new branches © Getty Images/da-kuk Russian businesses have opened nearly 12,000 branches in Serbia, the United Arab Emirates, Armenia, and Kyrgyzstan since 2022, the news outlet Izvestia reported on Monday, citing industry data. Serbia topped the list with 9,000 new...