Stop Doing
Business with Russia
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 business
Pausing InvestmentsReducing Activities: company scaling back some business operations while continuing others
Scaling BackPause operations: company temporarily curtailing operations while keeping return options open
SuspensionClean Break: the company completely halting Russian engagements or exiting Russia
WithdrawalExit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market
Exit Completed
No official statement
No official statement
Continue doing business as usual.
MSC retains a considerable presence in the Russian trades with feeder operations in all three Russian gateways while the other key European carriers have withdrawn completely from the market.
No official statement
Still operating with Russia.
First Russia rail shipment to India reaches Mumbai with more to come
Received revenues in Russia in 2021, there is no any official announcement
Received revenues in Russia in 2021, there is no any official announcement
Continue doing business as usual.
No official statement
Received revenues in Russia in 2021, there is no any official announcement
Received revenues in Russia in 2021, there is no any official announcement
Received revenues in Russia in 2021, there is no any official announcement
Received revenues in Russia in 2021, there is no any official announcement
No official statement
Received revenues in Russia in 2021, there is no any official announcement
Received revenues in Russia in 2021, there is no any official announcement
Received revenues in Russia in 2021, there is no any official announcement
Received revenues in Russia in 2021, there is no any official announcement
Received revenues in Russia in 2021, there is no any official announcement
Received revenues in Russia in 2021, there is no any official announcement
Still operating in Russia
The company operates in Russia.
Increasing coal shipments from Russia
Parts for D500-type engines are sold to Kolomensky Zavod by Switzerland’s Sipavag AG, Lithuania’s D.Kudarauskienes Warehouse, and Austria’s Geislinger GmbH.
India to Sign $6.5 Billion Deal with Russian Firm for 120 Vande Bharat Express Trains.
The company is actively exploring opportunities to work with Russian partners
Received revenues in Russia in 2021, there is no any official announcement
Big power plants and about 20 Russian coal companies discussed plans to increase bilateral trade
Unipec adds 10 vessels to transport crude from Russia
The German company Vansped Logistics (on behalf of Reißaus & Baumberg Maschinenbau GmbH) has already supplied Stan LLC with technical equipment for foundries after the start of Russia’s invasion of Ukraine. According to the ImportGenius database, deliveries were made in July 2022.
Three chartered ships from Zhonggu Logistics, of 3,398-4,872 teu. Transfar has diverted from its waning transpacific service, will soon join the loop, as will three more in April to boost frequency.
Dubai's DP World temporarily halts Ukraine operations, reviews business in Russia
Suspend new investments
The company stops investments in the country, canceling its plans to support the growth of that market. All money flows between its HQ and its Russian subsidiary are interrupted. BlaBlaCar will maintain the current service, but isolate its Russian activity from the rest of the company, and stop all development plans.
Siemens' parent company announced its exit on May 12. Siemens Mobility has already announced the termination of contracts with Russian Railways for the maintenance of Sapsans, and a contract worth 1.1 billion euros for the supply of Sapsans. In addition, Russian Railways is suing them - the St. Petersburg Arbitration Court took away equipment for servicing trains in favor of Russian Railways. There is still a joint venture with Sinara for the production of trains.
Suspend all shipments to Russia. Stop domestic services within Russia, effective September 1st, 2022. Deliveries from Russia remain
Greek Avin International, whose fleet includes 35 tankers with a total capacity of 2.5 million tons, refused to transport Russian oil.
China's largest shipping company, China Cosco Shipping, refused to transport Russian oil.
Suspend services in Russia & reduce shipments to and from Russia significantly
Shipping Giant MSC Delivers Russian Food While Navigating Sanctions Maze
Estonian authorities banned Operail from transporting Russian and Belarusian cargo.
Initially suspended all postal items to and from Russia and Belarus. But as of July 11, 2022 mail flows to Russia and Belarus resumed and since October 21, 2022 postal shipments from Belarus and Russia have been resumed. For commercial logistics flows not covered by Universal Postal Union rules, the previously announced suspension is still in effect.
On 6th of April, 2022, VR Group’s Board of Directors made the decision to discontinue the Eastern freight traffic in a controlled manner, With this decision, VR Transpoint, which is responsible for the freight traffic, will draw up a traffic rundown plan,
German logistics company Deutsche Post suspends activities within Russia
Keep Russia office; stop exports to Russia
OOCL Logistics, which manages a fleet of 70 container ships, including two icebreakers, has stopped shipping dresses, skirts, trousers, shoes and other clothes already paid for from its warehouses in Shanghai and Shenzhen to Vladivostok. The company cites sanctions as the reason for the refusal.
Suspend direct shipments to Russia; continue Europe to Kazakhstan and Russia to Kazakhstan routes
The company suspends all FedEx services in Russia and Belarus.
Suspend deliveries to Russia
There are no press-releases, but the company released a service alert that shipment to Russia and Belarus were temporarily suspended.
Temporarily suspended all shipment in & out St. Petersburg, Russia with immediate effect till further notice. Termination of operations in some Russian ports (Novorossiysk).
The powers of all Russian representatives in the Danube Commission or their deputies are terminated, Russian representatives are removed from all meetings of the Danube Commission and its working bodies, Russian citizens will be dismissed from diplomatic and administrative positions of the Danube Commission Secretariat
Stop all activity for Russian domestic business
Ceasing all business activity in Belarus
Exolum has stepped up the requirements for its counterparties, Lanza said, demanding a declaration that guarantees that the products comply with sanctions and don't come from Russia.
Suspend entry of Russian shipments at owned ports
Temporarily suspend two Far East shipping routes. Company attributes this to market conditions and not global sanctions.
Group's share to Russia and Ukraine is relatively small, since the volume of throughput through the Port of Koper, destined to the markets of Ukraine and Russia, is negligible.
Rauanheimo and KWH Logistics has made a strategic decision to, under current circumstances, not renew existing contracts for transports of Russian goods, nor to sign any new contracts.
Nippon Yusen plans to end Russia automotive land freight business.
Posti is suspending letter and parcel traffic to Russia and Belarus
Suspension of Russian and Belarusian railways from participation in the International Union of Railways
Effectively suspend shipments to Russia
Withdrawal from the Russian market
Dutch international heavy lift and haulage contractor Mammoet has frozen all new work and investment in Russia and issued a statement regarding its activities in the region. It operates from two locations in the Russia - Mammoet Rus with an office in Moscow and Mammoet Sakhalin in the far south east of the country, near Japan. Putin also signed off on a proposal to allow Mammoet to sell its Russian subsidiary to a China-registered player.
The Vanderlande office is closed as of 30.9.2022. Vanderlande has no more activities in Russia as of then. The decision was taken in March 2022. It took until now to close our operations in an orderly manner.
Suspended bookings to and from Russia. CMA CGM agreed to exchange its 25% stake in Russia’s Yanino Logistics Park and Moby Dik ocean terminal for an additional 25% stake in Finnish terminal operator Multi Link Terminal. CMA CGM Completes Russia Exit: French-based shipping group CMA CGM has completed its withdrawal from the Russian market by divesting stakes in terminals through an asset swap, the company said. But local company "CMA SIGEEM RUS" stil has foreign ownership.
Finnish railway operator Nurminen Logistics has launched a route to China bypassing Russia. The route starts in China and runs through Kazakhstan, Azerbaijan, Georgia and Romania to Central Europe. This was reported by the press service of Nurminen Logistics.
The company ELA Container has signed an agreement on the sale of its Russian subsidiary in Obninsk. After an intensive search and taking into account its social responsibility towards its employees, the company was able to find a buyer who will ensure the takeover of all Russian employees.
Stopped postal exchange with Russia
Divested from shipping companies that continue to handle Russian cargoes
Stopped container movement in and out of Russia
Did not respond to The Load Star's request for status of Russian operations (sales in Russia represent about 1% of revenue). "During the 4th quarter of 2022, ID Logistics finalized the transfer of its 8 active files in Russia to its customers or their partners. At the end of these transfers, ID Logistics has no more activity in Russia since the beginning of January 2023."
Stop purchasing services/goods from Russian & Belorussian companies
Logicor, which manages warehouse complexes in Europe, sold the Valecorp complex in St. Petersburg with an area of more than 40,000 square meters. sq. m of the Central Properties company. The complex was the only Logicor object in Russia.
Russian offices were listed on HAVI's website, but on Russian job search sites, in job descriptions, the company's name is already marked as "RULOG LLC (ex. HAVI)". 05.2023: JSC "LOGISTYKA I TOCHKA" becomes the new founder of the organization. Deleted record about the founder of LLC "HAVI GLOBAL LOGISTICS GMBH".
Sold Russian entity. Kuehne+Nagel sold its business in the Russian Federation, Azerbaijan, Belarus and Kazakhstan to its Managing Director effective July 20, 2022, but the change in ownership should be ivestigated additionally. 28.07.2022: Neumann Perry Herbert becomes the new founder of the organization. The record about the founder of KUNE+NAGEL INTERMODAL GMBH was deleted. The record about the founder of JSC "KUNE NAGEL SKYDNA EUROPA AKTIONSRE TOVARYSTVO" has been deleted. 08.08.2022: The full name has been changed from "KUNE+NAGEL" LLC to "NOITECH LOGISTICS RUS" LLC.
The Management Board of RESBUD SE, announced that on January 9, 2023, it completed negotiations on the sale of 100% of the shares of the Issuer's Russian subsidiary - Energokomplekt o.o.o.
The LLC changed its name, was sold to an individual/individuals.
deugro signed an agreement on September 5, 2022 to sell its business in the Russian Federation as part of a management buyout to its former local management, 13.09.2022: changed the owner to local management.
LLC in Russia was sold.
Halting cargo bookings with Russia. Maersk expects a quick conclusion of negotiations on the sale of business in the Russian Federation. Agreed to sell its 30.75% stake in Russian port operator Global Ports Investments to Russia's largest container operator Delo Group.
VTG LLC was sold on 08/11/2022.
BaseTracK sold Russian business to the owner of the Altika transport company Oleg Yanovsky and the co-founder of venture the investor clubs and Syndicate AngelsDeck Igor Kaloshin. According to the sources, we are talking about an amount of 1 billion rubles.