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 CompletedEl'Pharm was selling the Russian drug Cortexin, which is manufactured by Geropharm in the Moscow region, and medicines produced by Western companies specifically for the Russian market: "Atarax by the Belgian company UCB Pharma and Vobenzyme by the German company Mucos Pharma.
The Megogo online cinema has stopped working in Russia. Received revenues in Russia in 2022.
Stopped sales on Steam in Russia. Russian authorities are considering banning STALKER 2: Heart of Chornobyl. STALKER 2: Heart of Chornobyl, developed by Kyiv-based studio GSC Game World, is set to go on sale on November 20, two years after its initial release was delayed due to the Russian invasion of Ukraine.
Ninja Sushi has suspended operations in Russia.
In 2022, since the start of the full-scale invasion, KONTI-RUS CJSC continued to operate in Russia and increased capacity (most brands are still in use), having acquired an additional factory in Ivanovo shortly before this, but Boris Kolesnikov denied any involvement in its buying. Russian court has confiscated the confectionery company Conti-Rus, claiming that it supposedly belonged to 'a relative of Rinat Akhmetov and his partners.
The company made a statement about leaving the Russian market
The production of the brands ( Frekenbok) in rf was to be completely stopped on May 30, and by June 15 all stocks were to be sold and work with these trademarks was to be completely stopped
Continued presence in Russia after the war was started and participated in state tenders. Revenue dropped to 0 in 2023 but profit jumped 1.5x times in 2023 vs 2022. INTERPIPE-M LLC has been in the process of liquidation since December 4, 2023.
Since February 24, the site stopped working for clients in the Russian Federation, and since April, Russia has blocked the site
Freezed accounts and stop transferring money to Russian bank cards
Revoked its licence covering manufacture of product. Russian manufacturer Nemiroff may start producing Demiroff drinks.
According to the information provided by the company on 16/08/2022, the franchise and software were used illegally. Accordingly, the status of the company was changed from "Stay" to "Leave". Parimatch has nothing to do with Paribet and other brands, because the company has “unplugged” Russia from the Parimatch software on 26.03.2022 and does not allow the use of the brand on any platforms and in any format.
Initially suspended all new downloads and updates of app in Russia. Then Removed App and updates of app in Russia.
Kuna, WhiteBIT and CEX,io platforms introduced restrictions for Russian users - The Times Hub
Rinat Akhmetov's DTEK sold coal assets in the Rostov region to the Cypriot Valleyton Investments Limited with an unknown ultimate owner of the company.
The shares of the well-known Lipetsk Confectionery Factory Roshen JSC, owned by former Ukrainian President Petro Poroshenko, have been transferred to the ownership of the Russian Federation. In February, the court declared Petro Poroshenko and his son extremists, banning their activities in Russia.
Completely closed the business in Russia. The process of liquidation began in March 2022, LLC "YOUSCAN RESEARCH" was liquidated on 08.09.2023, LLC "YOUSCAN RUS" was liquidated on 08.07.2024. The company additionally checks clients from other countries for connections with Russia. Moreover, in the new contracts signed with clients, clients are officially prohibited from having connections with the Russian Federation. The company also actively helps Ukraine in the fight against the aggressor, providing access to its technologies and technical expertise of the team to many government organizations engaged in the fight against the aggressor in the information and OSINT sector, as well as charitable organizations and foundations.