Research from international ratings agency Moody’s shows that the Czech Republic — which boasts just 2.4% of the EU population — is home to over one quarter of the 46,000 or so Russian-linked firms operating in the 27-nation bloc.

Bulgaria, with 9,500 companies, is the second-most favored residence for Russian businesses. Germany, whose economy and population dwarfs those of the top two, comes in third with 4,200.

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