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
The company is still operating with higher revenue in 2022 vs 2021 based on open data. According to information provided KSE source they only suspended new hiring in Russia and apparently new getting new clients in Russia. The Development office in Saint Petersburg and office in Moscow are still active and working for Russian clients.
The joint company of Rosatom and D-Link in the first year of production of switches was able to earn 183 million rubles. The main company received 4.2 billion rubles of revenue in 2022.
The company suspended all shipments to customers in both Russia and Belarus. There are no statements about suspension of the local offices. Supply channels to Russia have remained open despite Western export restrictions and manufacturer bans. The Russians continue to create combat drones using technologies from Intel, Raspberry, and other Western companies. According to the Yermak-McFaul group, the Kh-101 air-launched cruise missiles contain at least 53 types of ECUs (microcircuits, chips, etc.) produced by foreign companies. In particular, components from companies such as STMicroelectronics (Switzerland), Vicor (USA), XILINX (USA), Intel Corporation (USA), Texas Instruments (USA), ZILOG (USA), Maxim Integrated (USA) and Cypress Semiconductor (USA).
Fined for selling sensitive defense technology to Russia in 2021. Still advertizes multilple locations and operations in Russia
The Orlan-10 drone manufacturer buys electronics in the US, EU and China to circumvent sanctions (one of the companies supplied it is NXP Semiconductors). The kamikaze drone "Lancet" (owner of the UAV manufacturer "Rostec") manufacturer uses electronics of NXP Semiconductors.
Brussels plans sanctions on Chinese companies aiding Russia’s war machine. 3HC, which makes computer chips, is “attempting to evade export controls and acquiring or attempting to acquire US-origin items in support of Russia’s military and/or defence industrial base”.
Azu International supply chain keeps tech flowing to Russia. Britain imposed sanctions against Turkish and UAE companies for military supplies to Russia. The sanctions list includes Turkish companies Turkik Union and Azu International, which export microelectronics to Russia.
The US has imposed export restrictions on 37 companies, nearly 30 of them Chinese, for activities that include aiding the Russian military and supporting China's PLA. The list also includes DMT Electronics, which is said to be based in Russia, as well as Belarusian DMT Trading LLC.
Kyrgyz and Kazakh companies have exported sanctioned dual-use technology to Russian suppliers of the Kremlin's war machine amid Western efforts to stymie such transfers through the Central Asian nations, an investigation by RFE/RL has found. Among OTK Group's other top trading partners are the Russian electronics importers Kvazar and Spetsvoltazh, both of which were sanctioned by the United States in May along with their Estonian-registered supplier, Elmec Trade.
Extreme Networks shuttered its Russian operations in March 2022. Since Russia annexed Crimea in 2014, American companies have been prohibited from dealing with MMZ Avangard, a state-owned firm that makes missiles for one of Russia's most sophisticated weapons, the S-400 air-defense system. Top manager at U.S. firm Extreme Networks privately sold high-tech in Russia.
The US has imposed export restrictions on 37 companies, nearly 30 of them Chinese, for activities that include aiding the Russian military and supporting China's PLA. The restrictions affected divisions of the Chinese genetics company BGI and the Chinese cloud computing company Inspur.
Brussels plans sanctions on Chinese companies aiding Russia’s war machine. King-Pai provides microelectronics to Russia that “have defence applications that include cruise missile guidance systems”, the US Treasury has previously said.
Brussels plans sanctions on Chinese companies aiding Russia’s war machine. Sigma Technology’s operations in China are not connected or affiliated with the other Hong Kong company named Sigma Technology that was mentioned in the Financial Times earlier.
“Observes all export restrictions and manufacturer bans” and “has not circumvented Western sanctions against Russia”. Companies' components, which were supplied for Putin's weapons were identified. The company continued to sell components via Istanbul to Russia.
The Orlan-10 drone manufacturer buys electronics in the US, EU and China to circumvent sanctions (one of the companies supplied it is Xilinx). According to the Yermak-McFaul group, the Kh-101 air-launched cruise missiles contain at least 53 types of ECUs (microcircuits, chips, etc.) produced by foreign companies. In particular, components from companies such as STMicroelectronics (Switzerland), Vicor (USA), XILINX (USA), Intel Corporation (USA), Texas Instruments (USA), ZILOG (USA), Maxim Integrated (USA) and Cypress Semiconductor (USA).
Received revenues in Russia in 2021-2022. Promised to discontinue activities in Russia at the beginning of the war, but still received income in 2022. Offered some employees the opportunity to work outside of Russia.
17.05.2022: The full name has been changed with Limited Liability Company Luxoft Proffesional for LLC IBS Infinisoft, 20.04.2022: IBS IT Service Joint -Stock Company becomes a new founder of the organizational liability unit "Information Business". In 2022, Integriti Solutions LLC, which is almost 100% owned by Luxoft Global Operations GmbH, based in Switzerland, increased its revenue by 97% to 3.5 billion rubles. Back in March 2022, Luxoft announced that it condemned Russia's actions, supported Ukraine, and decided to withdraw from the Russian market. Against this background, Luxoft transferred part of its Russian programmers to other countries, and also sold part of its Russian assets: in particular, LLC "Luxoft Professional" and ANO "Uchebny Tsentr Luxoft" were transferred to the structures of the IBS group. As of April 2023, the founder of "Integrity Solutions" remains the same, and there is no mention of plans to liquidate the company in the explanations to its financial statements.
The company suspended all new sales of Microsoft products and services in Russia (but continue existing access) and it is stopping many aspects of the business in Russia in compliance with governmental sanctions decisions. Microsoft restricted Windows 11 update for Russians but later Microsoft returned the ability to download and install Windows 10, 11, Windows 8.1. and Windows 7 for Russians, however customers in the country are still unable to download and install the company’s latest operating system. The US Treasury has reached an agreement with Microsoft to settle the dispute over the IT giant's violation of sanctions against Cuba, Iran, Syria and Russia: the company will pay almost $3 million and $1.3 thousand each. clauses are violated, according to the statement of the US Ministry of Finance. Microsoft has stopped warranty service for Xbox consoles in Russia.
Statement condemning Russian invasion of Ukraine. Suspended sales of products and services in Russia and Belarus. Discontinue business operations in Russia. Trade data indicate that components manufactured by Harting, Trimble and TE Connectivity continue to be imported into Russia through official distributors or through third countries such as Hong Kong and Turkey.
AMD is suspending its sales and distribution of its products into Russia and Belarus according to comments provided by official representatives to press. There are no official statements of the company. In one case, a Russian 9M727 cruise missile, one of the country's most advanced weapons that can manoeuvre at low altitude to evade radar and can strike targets hundreds of miles away, contained 31 foreign components. The parts were made by companies that included U.S-based Texas Instruments Inc and Advanced Micro Devices Inc, as well as Cypress Semiconductor, which is now owned by Infineon AG, a German company, the RUSI investigation found.
The company stopped all sales in Russia and then Belarus. The company actively shutting down cloud operations in Russia. SAP delays Russia exit as deal talks fail and workers at risk. The German company SAP, one of the world's largest developers of ERP systems, was left with several hundred million euros in operating profit due to its departure from Russia and Belarus. All losses are reflected in its report for 2022. However, it later became known that support is still available to customers with current contracts. SAP created a closed portal for Russian customers to download software updates from there. The former head of the Russian office of SAP headed the company, which provides technical support for Russian customers. The German supplier of industrial software SAP stops supporting its solutions in Russia. The developer's clients have already started to transfer the technical support of their systems to local IT companies. However, there is still no full-fledged analogue of SAP in Russia.
Cisco is stopping all business operations, including sales and services, in Russia and Belarus for the foreseeable future. There are no statement about local manufacturing. A purportedly leaked Russian customs database shows around 500 shipments of Cisco gear arriving in Russia in August, months after the networking giant halted its business operations in that country. In January 2023, the manufacturer of network equipment and software products Cisco Systems "physically destroyed" its material and production stocks in Russia in the amount of 1.86 billion rubles due to the cessation of sales. These are mainly spare parts, however, other property is also subject to destruction, including the IT equipment itself, according to the accounting reports of one of Cisco's legal entities in the Russian Federation - Cisco Systems.
Stop all new sales of product and services in Russia. The company called its exposure to Russia and Ukraine immaterial and roughly 1% of revenue, CEO Shuky Sheffer said in an earnings call on May 11. Amdocs complies with applicable U.S. sanctions on Russia and has stopped new sales of its products and services in the country, he said.
Planned exit of business in Russia and gradual wind down business activities in Russia over the coming months. Previously had suspended deliveries to Russia while evaluating further actions. Said "it is only providing software and technical support to Russian clients and has not sold any telecommunications equipment to mobile operators there since the Ukraine war started", after Swedish media reported the company had continued its exports. Early in February 2023, Maxcomm LLC declared the import of components for 20,000 base communication stations of the Swedish company Ericsson AB, which officially ceased operations in the country a year ago, to Russia. The Swedish government did not allow Ericsson to supply equipment to Russian companies.
Received revenues in Russia in 2021, the company announced that it stopped doing business with russia but it still owns the local company - PSI LLC where PSI SOFTWARE AG is the shareholder.
Suspended all new sales of ADP services in Russia. No mention of condition of existing sales with Russian customers. Donated $1.5 million via ADP Foundation and our ADP employees to UNICEF USA, International Rescue Committee, International Medical Corps and UNHCR.