Russia initiated aggression against Ukraine in 2014. On February 24, 2022, it started a full-scale military invasion to the Ukrainian territory. This brutal war and military crimes of Russian troops caused a humanitarian crisis in Ukraine with thousands civilians killed and millions becoming refuges. As a reaction to this act of aggression, many international companies decided to leave the Russian market, while some others continue doing business there as usual. We track such decisions of companies and urge them to stop funding the war.
Hold off investments: company postponing future planned investment/development/marketing while continuing substantive businessPausing Investments
Reducing Activities: company scaling back some business operations while continuing othersScaling Back
Pause operations: company temporarily curtailing operations while keeping return options openSuspension
Clean Break: the company completely halting Russian engagements or exiting RussiaWithdrawal
Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the marketExit Completed
Will sell its non-controlling interest in the AB InBev Efes, request regarding the suspension of the license for production and sale of Bud in Russia will also be part of a potential transaction, not sure of other brands. AB InBev Efes has localized production of some popular beer brands in Russia. largest brewing company AB InBev Efes has localized the production of imported brands Spaten, Franziskaner, Leffe Blonde and Brune.
Suspends investments, marketing and launch of new products. The company cannot exclude the possibility of a suspension of its manufacturing operations in Russia.
Discontinued a number of its cigarette products and reduced manufacturing activity. Suspended marketing activities in the country. The company is working on options to exit the Russian market in an orderly manner. Philip Morris plans to leave Russia by the end of 2022
Will exit the Russian market and take a substantial non-cash impairment charge. 03.06.2022: Record about the founder of LIMITED LIABILITY COMPANY "KARLSBERG VOSTOCHNAYA EUROPA" has been deleted. LIMITED LIABILITY COMPANY "HOPPI UNION" becomes the new founder of the organization.
27.04.2022: Ivanov Konstantin Igorevich becomes the new founder of the organization, Kobzev Alexander Mikhailovich becomes the new founder of the organization, Alexander Igorevich Naumov becomes the new founder of the organization, Bronetsky Sergey Alexandrovich becomes the new founder of the organization. The record about the founder "REEMTMSA CIGARETTENFABRIKEN GESELLSCHAFT MIT BESCHRANKTER HAFTUNG" / "REEMTMSA CIGARETTENFABRIKEN GESELLSCHAFT MIT BESCHRANKTER HAFTUNG" and "IMPERIAL TOBACCO HOLDINGS (NETHERLANDS) BV" / "IMPERIAL TOBACCO HOLDINGS (NETHERLANDS) BV" was deleted