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
Works, places recruitment ads
The company decided to continue doing business in Russia, citing the lack of bans from France and the EU.
No official statement
No official statement
No official statement
Still operating in Russia
Continues serving patients
No official statement
Lesaffre continues its activities. On April 28, 2022, a webinar on how to bake bread will take place in Moscow.
No official statement
Announced exit, transferred ownership of Russian business to local management, but stores are open. 10.06.2022: Kovalenko Rostislav Petrovich becomes the new founder of the organization, Milehina Natalya Yuryevna becomes the new founder of the organization, Aleksey Vladimirovich Shumov becomes the new founder of the organization, Olga Faritovna Sabirova becomes the new founder of the organization. The record about the founder COMPANY "L'OССITAN INTERNATIONAL S.A." was deleted from the register BUT stores are open and company still continue selling its goods
No official statement
The French regulator has said Eutelsat must cut ties with NTV Mir. It is claimed Russia was Eutelsat's second biggest client last year. Reporters Without Borders (RSF) has asked France’s broadcasting regulator, ARCOM, to order French TV satellite operator Eutelsat to stop carrying three Russian TV channels that are spearheads of the Kremlin’s war propaganda
Leroy Merlin will continue to work in the Russian Federation and is ready to expand supplies and range. (112 stores in Russia.)
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
Statement condemning Russian invasion of Ukraine (No Russian members expelled)
Received revenues in Russia in 2021, there is no any official announcement
Affiliates still operating in Russia
Received revenues in Russia in 2021, there is no any official announcement
Still operating and actively hiring in Russia
Received revenues in Russia in 2021, there is no any official announcement
The company stopped any new spending not related to the supply of the essential and life-changing medicines and vaccines in Russia, as well as in Belarus.
Suspending new investments but still operating in Russia
Has halted fresh investment in Russia and suspended trade in Russian oil but stopped short of exiting the country, which makes up 24% of its proven reserves and includes a stake in gas producer Novatek. No longer will provide capital for new projects in Russia/stop purchasing Russian oil; No longer enter into or renew contracts for the purchase of Russian oil and petroleum products, to cease all purchases of Russian oil and petroleum products as soon as possible, but no later than the end of 2022. withdraw from Acrtic LNG 2 project.
Suspend new investments/development
According to press, the company suspends new investments/development in Russia.
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.
Boiron frozes investments, stopped advertising campaigns, canceled new product launches and stopped its clinical trial activities in Russia.
The Group’s long-term contracts with Gazprom in 2021 represented approximately 20% of ENGIE’s overall gas sales and consumption worldwide. Should European sanctions affect Russian supplies – ENGIE would comply with such decision at all levels.
Continues flows to Russian and Ukrainian producers but suspends its project to build a seed factory in Russia
Suspend new investments and "sharply" reduce activities in Russia
To indefinitely suspend new investments in Russia in response to the Russian Federation’s invasion of Ukraine,
Did not respond to The Load Star's request for status of Russian operations. (Sales in Russia represent about 1% of revenue)
RCI Banque discloses exposure to Russia and Ukraine
Takes part in the Arctik LNG 2 and Yamal LNG. The company has ceased to work on future business opportunities in Russia. Spin-off complete: TechnipFMC and Technip Energies become two separate entities. TechnipFMC will continue as a service provider to the traditional and new energies industry, while Technip Energies will focus on engineering and technology for the energy transition with leadership positions in LNG, hydrogen and ethylene.
The company is temporarily closing its stores in Russia and suspending investments in the country. There are no statements about its Russian plant. In Russia, the Group has temporarily closed all its own stores and e-commerce sites and suspended all industrial and media investments. In accordance with European and American sanctions, it has suspended the sales of all products except essential daily products
Halting production at some plants/reviews
The company has stopped exports to customers in Russia and Belarus and imports from these two countries. All investment projects have been cancelled. Local activities are now operating at a minimum and in autonomous mode to maintain the employment of employees.
Banijay Freezes All Russian Business Activity Following Ukraine Invasion
Bureau Veritas has downsized its business in Russia in the sectors where the company was previously operating i.e. Marine, Aeronautics and Commodities.
EssilorLuxottica restricted operations in Russia, continues to provide essential medical vision care services.
That momentary suspension has now been made ultimate. Because the conflict grinds on and the West makes an attempt to additional isolate Russia, Josef Aschbacher, ESA’s director common, introduced on Tuesday that ties on the rover mission had been reduce for good. Refused to collaborate with Roskosmos on the ExoMars mission
Financial Action Task Force: Russia is still a member as of May 14
Suspend services in Russia & reduce shipments to and from Russia significantly
Suspend many transactions and cease new financing
PowerJet, which is registered in France, announced the termination of the contract after the entry into force of EU and US sanctions against Russia, The company stopped supplying spare parts for SaM146, maintenance and repair of engines.
Continuing existing projects; no new business. Spin-off complete: TechnipFMC and Technip Energies become two separate entities. TechnipFMC will continue as a service provider to the traditional and new energies industry, while Technip Energies will focus on engineering and technology for the energy transition with leadership positions in LNG, hydrogen and ethylene. Technip Energies’ exit from the Arctic LNG 2 project in Russia is due to complete in a few months, according to chief executive Arnaud Pieton; no new business; no update on Yamal LNG
Suspend the operation of its stores in Russia
Pause exports to Russia
French luxury group LVMH "temporarily" closed its 124 stores in Russia
LVMH temporarily closes its 124 stores in Russia.
Suspending Russian transactions at end of March. Also suspended any new financing in Russia.
Put out a statement expressing deep sympathy with Ukraine, and suspended a partnership with Ukrainian Railways (UZ). Reviewing its stake in TMH, a Russian rolling stock manufacturer.
Stop underwriting new insurance & stop renewals
Pause investments & prohibit new subscriptions
Suspended new business in Russia and Belarus