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 or liquidated local entity(ies)
Exit Completed
Continue doing business as usual.
No official statement
They provide agricultural machinery to RF and has a turnover of a good 15-20 Million € per year. Their branch company is still operating there.
Freezed all business activities. According to customs data for 2024, coordinate measuring machines and parts for them manufactured by more than 70 companies were imported to Russia. The goods came mainly from China, however, even if the equipment was assembled there, we are talking about production facilities and technologies belonging to large Western corporations, the list of which is small. Half of all coordinate measuring machine exports to Russia are provided by four Western corporations: Swedish Hexagon, German Wenzel, American Automated Precision and British Renishaw.
The Orlan-10 drone manufacturer buys electronics in the US, EU and China to circumvent sanctions (one of the companies supplied it is Altera).
Continuing to operate in Russia. Did not return CBNC's request for comment.
Export components for drones to Russia.
The company cooperates with the Russian Federation, supplies cable and other important products.
The US State Department sanctioned DeepCool for the alleged sale of $1 million worth of products to two Russian companies.
Announced that stopped selling drones in Russia but Russia still uses DJI complexes to detect drones of the Armed Forces of Ukraine.
Dubai Sea Breeze has shipped U.S.-origin aircraft parts and equipment to Russia. Dubai Sea Breeze’s Russian-language website caters to construction, heavy equipment, and aircraft industry clients seeking to obtain products manufactured in the United States and Europe.
Flavic FZE (Flavic) imports and exports aviation equipment and technology to and from Russia for repair, reconstruction, testing, and other maintenance, and is certified to work with the Russian Ministry of Defense.
The items exported by FTDI are not in breach of UK sanctions, but they are on a list compiled by the European Commission of dual-use goods and advanced technologies that are used in Russian military systems or critical to their development.
The German technology company was able to export restricted technology to Russia even after the European Union imposed a new round of sanctions on Vladimir Putin's regime over its invasion of Ukraine. Kontron, which has offices in the EU, the UK and America, used its Slovenian subsidiary to export more than €3.5 million worth of sensitive telecommunications technology to its Russian unit in late 2023.
China has banned the export of Loongson chips, which can be used in the military industry. But Russian "Norsy-Trans" will start production of data storage systems (SHD), servers and computers based on Chinese Loongson processors. China will not give Russia new Loongson 3A6000 processors, sent old Loongson 3A5000.
Continuing Russian operations. Did not return CNBC's request for comment. (Partners with Activation Blizzard to offer their games in China.)
The company continues to operate in Russia and has official representatives whose sites promote the company's products in Russia.
The company operates in Russia, has its own website and representative office.
The Orlan-10 drone manufacturer buys electronics in the US, EU and China to circumvent sanctions (one of the companies supplied it is Saito Seisakusho).
6.07: Said that it has never had any customers in Russia, assuaging investor concerns that the Chinese contract chip maker could be punished by Washington over violations of US economic sanctions. Before - defied US sanctions by continuting to export 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 STMicroelectronics). 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). The Shahed-238 inertial navigation unit is also built on Western electronics using STM32F405 microcontroller chips manufactured by STMicroelectronics (Switzerland) and the iSensor ADIS16480 inertial measurement module from Analog Devices (USA).
Universal KUBE - a subsidiary of TSC for the Russian market
Technopartner Teknoloji Urunleri Bilisim Sanayi Ve Ticaret Limited Sirketi (Technopartner) has sent equipment for calibration and material testing equipment to Russia. In early 2023, Technopartner procured sensitive U.S.-origin technology on behalf of Russian military-industrial clients.
The company continues to operate in Russia and has official representatives whose sites promote the company's products 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 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).
The Biden administration plans to blacklist Chinese chip maker Yangtze Memory Technologies Corp (YMTC), which will bar US entities from doing business with the company.
Despite the initial threats, the listed web services remain operational and available in Russia, such as YouTube, Wikipedia, Telegram and Zoom. US tech companies including Microsoft and Zoom should be “throttled” and “strangled” from operating in Russia, President Vladimir Putin has said.
Still operating in Russia. GEA has initiated measures to scale down its Russian operations as international sanctions increasingly impact the company’s business activities. We are committed to supporting the affected employees and will carry out the associated restructuring measures in compliance with all applicable laws. GEA will continue to maintain scaled down operations to enable the production of essential food and medicine for the local population. Revenue decreased in 2024 vs 2023 by more than -10%.
Bang & Bonsomer has suspended all new investments in Russia and will not engage in any new business in Russia until further notice. The company has been engaged in active negotiations to reduce its financial and legal liabilities in the country. Revenue decreased in 2024 vs 2023 by more than -20%.
Promised to totally suspend all shipments, services and maintenance in Russia. In advertisements placed in Russia in 2024, MITT (one of the companies that Ukrainian intelligence says was involved in Oreshnik, and is a leading institution in the development of Russian solid-fuel ballistic missiles) states “we adhere to FANUC, SIEMENS, HAIDENHEIN systems.” The ad asks for “knowledge of CNC systems — Fanuc, Siemens, Haidenhain [sic].” A video posted by Titan Barrikady, a third defense company involved in Oreshnik production, also shows a worker standing in front of a control device that bears the Fanuc brand.
The company is registered in Switzerland and has a local company in Russia. The company develops NFC cards based on chips from Samsung and these chips/microcontrollers in the product are imported to the Russian Federation. Revenue decreased in 2024 vs 2023 by more than -20%.
Paused most commercial operations in Russia. Continuing operations of part of medical business. (Russian sales <1% of total revenue)
Scale back most services and stop new sales
Appears to be operating in Russia (Nalco office and R&D in Russia. In 2022 Ecolab named one of the worlds most ethical companies for 16 consecutive years)
Yubico does not directly ship keys to Russia, it has informed channel partners to immediately halt any sales of YubiKeys to Russian companies, unless they are for humanitarian efforts,
Suspended shipments to Russia except for humanitarian medical products.
Suspend shipments to Russia
Suspended shipments to Russia. Open office in Moscow to support Russian customers (no manufacturing. Sales in Russia <5% of revenue). Significantly reduced revenue in 2023 vs 2022.
Received revenues in Russia in 2021. The Zebra Technologies global leadership team condemn the unprovoked aggression, invasion and continued war in Ukraine. Zebra suspended all business in Russia and Belarus in March 2022.
Stops sharing meteorological data with Russia. EUMETSAT suspended Russia's membership shortly after the invasion of Ukraine began, but individual member states, including the UK and the US, continued to share data with Russian specialists. This information is necessary for “forecasting activities,” but recently the information flow from Western satellites has practically dried up.
Stop all future trade with Russia; but provided GPS services to devices in Russia (incl. Russian military).
Company's components have been found inside the Shahed-136. Company's answer: "Our position which we expressed in November 2022 remains unchanged: Infineon condemns the Russian aggression against your country. We are generally not doing business in Iran. As stated previously, apart from the direct business it proves difficult to control consecutive sales throughout the entire lifetime of a product. Nevertheless, we instruct our customers including distributors to only conduct consecutive sales in line with applicable rules. As we have already outlined towards the Ukrainian government, we deeply admire the strength and courage of the Ukrainian people. We stand by your side and will continue to do our part as a company to support the victims of this conflict."
The Orlan-10 drone manufacturer buys electronics in the US, EU and China to circumvent sanctions (one of the companies supplied it is Linear Technology). Analog Devices' response also covers Linear Technology, which was acquired in March 2017. Following Russia’s invasion of Ukraine, and in compliance with U.S. and EU sanctions, Analog Devices ceased business activities in Russia, and in the Russian-backed regions of Ukraine and Belarus, and promptly instructed all of our distributors to halt shipments of our products into these regions.
Suspend all sales to Russia in compliance with sanctions. Marvell is appalled that any of its products are used in Russian weapons. The parts are mass produced, inexpensive commercial components. Marvell does not sell to the Russian military or government. "We have a strong export compliance program and have no knowledge how these parts have found their way into Russia."
The Orlan-10 drone manufacturer buys electronics in the US, EU and China to circumvent sanctions (one of the companies supplied it is Microchip Technology). Microchip Technology Inc. answered that it does not sell products into countries where our technology is prohibited from sale such as Iran, Russia, Belarus, or sanctioned regions in the Ukraine.
The Orlan-10 drone manufacturer buys electronics in the US, EU and China to circumvent sanctions (one of the companies supplied it is Renesas Electronics). Renesas Statement on Export Control: As Renesas complies with all applicable sanctions implemented by governments, Renesas does not export to Russia post the invasion of Ukraine. Additionally, contractual agreements with Renesas distributors require that they follow applicable export control regulations. Renesas is against its products being used for human rights violations.
Continued doing business as usual. Once the war began, Rohde & Schwarz immediately enacted the sanctions imposed on Russia and halted its business relationships with Russia. Since then no products of any kind have been exported to Russia, either directly or through so-called parallel imports. 25.10.2022: RSP INTERNATIONAL MANAGEMENT SERVICES LLC becomes the managing organization. The Kaluga Research Radio Engineering Institute (KNIRTI), which produces systems for Sukhoi Design Bureau aircraft, in December 2024 signed contracts for 720 million rubles for the purchase of equipment from the German company Rohde & Schwarz and the American company Keysight. Revenue significantly (by -98%) decreased in 2024 vs 2023.
Suspended shipments to Russia and Belarus. ($1 millions revenue from Russia)
Suspend all sales and services into Russia
Received revenues in Russia in 2021, there is no any official announcement. Schunk Group pulled out of Russia while company with similar name (SCHUNK GmbH & Co. KG) continued to cooperate with the Russian Federation.
Continued doing business as usual. Significantly reduced revenue in 2023 vs 2022. Revenue significantly (by more than -70%) decreased in 2024 vs 2023.
Avaya leaves Russia and dismisses all personnel. Revenue significantly (by -91%) decreased in 2024 vs 2023.
Reviews and block any prohibited (sanction driven) sales to Russia. (GF reports very little sales in Russia)
The Danish company Kamstrup withdraws from both Russia and Belarus. Kamstrup сompletely exit Russia informs Berlingske.
Received revenues in Russia in 2021-2022, there is no any official announcement. Ceased to receive income in Russia in 2023.
Significantly reduced revenue in 2023 vs 2022. Revenue significantly (by more than -50%) decreased in 2024 vs 2023.
Run a research center and branch in Russia. Sold all 3 LLCs in Russia.
Suspended all shipments to Russia. Donated to Red Cross. In August LLC changed its name, sold to a local legal entity.
Received revenues in Russia in 2021-2023, there is no any official announcement. The company's revenue in Russia fell by 60%. The company is in liquidation since November 28, 2023. 20.11.2024: The legal entity FOSS ELECTRIC LLC was liquidated.
ELSTER METRONIKA was sold on 20/10/2022.
Received revenues in Russia in 2021. As a consequence of Russia’s invasion of Ukraine KONGSBERG has closed down its operations (suspended as legal entity is still active) in Russia and complies with the prevailing sanctions,” says the CEO Håøy. 21.10.2024: The legal entity KONGSBERG MARITIME RUS LLC was liquidated.
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. 28.06.2024: The legal entity N-X-P SEMICONDUCTORS MOSCOW was liquidated.
Stopped producing products and projects. Initiated bankruptcy proceedings. 17.11.2023: The legal entity was liquidated.