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
The company keeps doing business in Russia as usual. The CEO of the Metro supermarket chain confirmed plans to continue business in Russia. The National Agency for Prevention of Corruption included Metro AG in the list of international war sponsors. Metro emphasized that they are maintaining operational activities in the country. The press service added that the priorities for 2023 are the strengthening of strategic business, expansion of the assortment, services and further digitalization. In addition, it is planned to "expand the geography of presence by opening stores under the "Fasol" franchise in new regions for the company." Slightly decreased revenue in 2023 vs 2022.
Still operating across 14 sites in Russia but promised to suspend new investments. Revenue and Net Income increased in 2022 vs 2021. Investing into Russia’s construction industry: Germany’s Knauf branded international sponsor of war by NACP. Knauf played an important role in the reconstruction of destroyed Mariupol. The German TV channel ARD and newspaper Tagesschau has revealed that German companies are helping the Russian occupying regime with construction works in the occupied city of Mariupol. In particular, they obtained photos showing a construction site with Knauf bags, whose official dealer publicly advertises that it has completed a residential building project using its construction materials for Russia's Defence Ministry. Knauf is a leader in gypsum production and has a long history of doing business in Russia. The company's founder, Nikolaus Knauf, served as Russia's honorary consul for over two decades. The German prosecutor's office is investigating reports of Knauf's participation in the restoration of Mariupol. After the scandal, the German manufacturer of building materials Knauf Group has decided to abandon its business in Russia and transfer it to local management. To complete the transaction, it is necessary to obtain approval from the Russian authorities. Knauf expects that the deal will save jobs for more than 4 thousand employees. The Würzburg prosecutor's office has launched an investigation into the German concern Knauf in connection with German media reports that the company's products are widely used in the reconstruction of Mariupol, which was destroyed by Russian troops and captured by them during the war against Ukraine. Knauf decided that they would transfer their company in Russia to management, paying the amount due to the budget to the budget. 15% of the valuation amount, but with an option - the ability to buy the business back within two years. The Rotenberg brothers want to buy the assets of the largest manufacturer of building materials Knauf that planned to leave Russia. Increased revenue in 2024 vs 2023.
Still operating in Russia. The German owner of the Globus group, Matthias Bruch, previously explained the company's stay in Russia by the need to take into account almost 10,000 Russian employees, as well as customers of large stores, for whom he wants to "preserve access to food products."
Prpmised to suspend investments but continues sales and plant operations in Russia. Received revenues in Russia in 2021-2024.
The company has a subsidiary in Russia and also, before the war has started, Ehrmann expanded in Russia by acquiring FrieslandCampina’s dairy business. Continue sales in Russia but promised to suspend new investments.
Received revenues in Russia in 2022.
Promised to suspend all further investments. Heidelberg Materials as a global company strongly condemns this war against the Ukrainian people. "We fully support all sanctions on Russia and immediately stopped all investments almost one year ago. We operate a pure local business in Russia, on a limited scale and only for local needs. We ensure that our reduced activities in Russia are fully compliant with international and other laws as well as with international human rights standards." Increased revenue in 2022 vs 2021. Heidelberg's website until summer 2023 contained information of their plants and terminals in Kaliningrad and Murmansk. Company produces concrete, which could be important for military industry as well.
Still operating in Russia
Continue to supply patients, not for fianacial reasons
Promised to suspend exports to Russia & halt investments but sales are ongoing at full range, official statement is misleading and total lie. Website https://www.karcher.ru/ru/ appears to be fully functional to buy Kärcher products in Russia.
Received revenues in Russia in 2021, there is no any official announcement
Continue candy sales in Russia. No statement seems to be available, and the Russian Website boasts "Storck products are convincing consumer across Russia from Kaliningrad to Vladivostok!" Comparing total export for a year starting on March 1, 2022 vs. a year before by value, the increase is "only" 51% (96 million USD vs. 64 million USD). Slightly increasing the market share of exported chocolate from 12.9% to 13.7%.
German pharmaceutical company Bionorica put up for sale an unfinished plant in Voronezh. The fact that the German pharmaceutical company Bionorica began looking for buyers for its plant for the production of drugs in Voronezh, was told by a source close to the company that was considering the acquisition of this enterprise. According to him, the decision to sell is related to the sanctions restrictions imposed by the European Union on Russia, as a result of which the import of foreign raw materials and special equipment necessary for the production of medicines into Russia has become impossible. Nevertheless, Bionorica is still operating in Russia with a Hufe Sales team, importing pharmaceuticals from the German headquarter. Revenue increased in 2024 vs 2023 by more than +100%.
Keep Russia office; stop exports to Russia. Revenue increased in 2024 vs 2023 by more than +30%.
Stop shipments to and from Russia; no comment about production in Russia. Wilo SE continues to operate the factory in Russia and supplying factory with all technological components both from Germany and China. Wilo SE has own subsidiary in Russia and running it without any limits - supplied by trade goods from own factory in russia and own plants in Germany. Currently Wilo is benefiting from withdrawal of the key competitors from the russian market like Grundfos and growing the business in this country comparing with pre-war situation.
No official statement
Received revenues in Russia in 2021, there is no any official announcement
No official statement
Continue doing business as usual.
No official statement
No official statement
Promised to halt new investments and advertising. The medium size German company put out a statement on Twitter over a year ago, explaining that Russia is the second largest market for the company after Germany, and committing all profits to humanitarian aid organizations: "to secure jobs and the livelihoods of many cocoa farming families we continue to supply chocolate to the Russian population". Caring for the cocoa farmers is commendable. Does it justify 91% increase year-to-year after the invasion? A year starting March 1, 2022 saw an increase to 79 million USD from 41.4 million USD the previous year. The CEO of chocolate manufacturer Ritter Sport - Alfred Ritter - Andreas Ronken said that he considers the right decision to refuse to leave the Russian market after the outbreak of hostilities in Ukraine.
No official statement
Received revenues in Russia in 2021-2023, there is no any official announcement. Still operating in Russia, total sales in Russia 2023 - 110 Million Euro, 130 workers. General director Viktor Denisenko (https://www.linkedin.com/in/viktor-d-86288719/) is from Edinaya Rossia party, his wife works in the president office of Russia and Symrise management know that. The company has growing plans for 2024: +15% sales growth and +20% growth in profit (https://www.linkedin.com/company/fbusiness-in-russia/).
Erismann's offices continue to operate in Moscow, Samara, Novosibirsk, St. Petersburg, Rostov-on-Don and Yekaterinburg
Fuchs Petrolub, the world's largest independent lubricant manufacturer, told Lube Report in June 2022 that it “no longer supplies raw materials and finished products to Russia. The local business in Russia operates on a limited basis and products are only produced locally for the Russian market." But the company managed to increase its revenue and profit in 2022 vs 2021.
Received revenues in Russia in 2021-2022, there is no any official announcement.
Continue doing business as usual.
Received revenues in Russia in 2021, there is no any official announcement
Continue doing business as usual.
The company works on the Russian market
No official statement
Continue doing business as usual.
Received revenues in Russia in 2021, there is no any official announcement
Received revenues in Russia in 2021-2023, there is no any official announcement
Received revenues in Russia in 2021, there is no any official announcement. 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. HARTING condemns in the strongest possible terms Russia's war of aggression in Ukraine and abides by the law and all applicable sanctions. HARTING defined an additional internal process to ensure legal compliance with all relevant sanctions, in particular those of the European Union, USA and UK.
Received revenues in Russia in 2021, there is no any official announcement
Continue doing business as usual.
No official statement
Continue doing business as usual.
Continue doing business as usual.
Continue doing business as usual.
Russia is the second market in the world for the company (after German market) according official release of the company.
The company has not yet announced its withdrawal from Russia and continues to sponsor the war against Ukraine.
Received revenues in Russia in 2021-2022, there is no any official announcement. The Starominskaya branch produces spare parts on CNC machines for equipment that serves the vineyards of Putin and his friends on the Black Sea coast, the company was invited to work in Russia by the United Russia party.
Received revenues in Russia in 2021, there is no any official announcement
Continuing business in Russia and exports, increased revenue and profit in 2022 vs 2021. The company was one of the sponsors for "AEB Flagship Conference. European Business in Russia: How to Maintain Bridges in a World Drifting Apart?".
Russian location is removed from the website (as can be seen from the archived version), yet it stayed on the map. Increased its market share of chocolate in Russia after the invasion.
Received revenues in Russia in 2021, there is no any official announcement
Suspends new business in Russia until further notice. Revenue increased in 2024 vs 2023 by more than +30%.
No official statement
Received revenues in Russia in 2021-2024, there is no any official announcement. Revenue increased in 2024 vs 2023 by more than +50%.
Received revenues in Russia in 2021-2024, there is no any official announcement. Revenue increased in 2024 vs 2023 by more than +30%.
Received revenues in Russia in 2021-2022, there is no any official announcement
Received revenues in Russia in 2021-2024, there is no any official announcement. Revenue increased in 2024 vs 2023 by more than +50%.
Very important, Neo-Angin and Nasic make big profits for Medice, pharmreg.ru and Items. Increased russia-driven revenue and profit in 2023 vs 2022. LLC "Medice" in Moscow is the local representative.
Strube, its profit last year was "only" 180 million rubles. The company also supplies sugar beet seeds to the Russian market - this is the most scarce and import-dependent category. And here Strube occupies about 10% of the entire market. For now, the company intends to stay in Russia, but is already looking for a partner to create a joint venture.
Received revenues in Russia in 2021, there is no any official announcement
The company exports to Russia. The supply volume has remained about the same and most of the supply is direct, although we may see some indirect supply after the invasion.
Received revenues in Russia in 2021, there is no any official announcement
The company has not issued any statements about halting sales or the closure of its business in Russia, and continues to earn money on the blood of the Ukrainian people.
Received revenues in Russia in 2022.
Thanks to this company, the Russian market has access to high-quality equipment (construction power tools), which is used to build all kinds of projects (including military facilities). During the war in Ukraine German tool company Einhell quintupled its profits in Russia.
Company makes ladders in Ryazan (2021 turnover of 12 million euros), pay taxes in the aggressor country - about 1 million euros per year.
The company is the second largest supplier of hardware for windows and doors on the Russian market.
The company has not made any statements about stopping sales and closing its business in Russia and continues to sponsor the war in Ukraine.
The company has not made any statements about stopping sales and closing its business in Russia and continues to sponsor the war in Ukraine.
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.
Received revenues in Russia in 2021, there is no any official announcement
The company is still present in Russia. The company is included in the 10 largest travel agents of the Russian Federation in 2023.
The company has not made any statements about stopping sales and closing its business in russia and continues to sponsor the war in Ukraine.
Received revenues in Russia in 2021, there is no any official announcement
Received revenues in Russia in 2021, there is no any official announcement
The company has not made any statements about stopping sales and closing its business in russia and continues to sponsor the war in Ukraine.
The company has not made any statements about stopping sales and closing its business in Russia and continues to sponsor the war in Ukraine.
The company has not made any statements about stopping sales and closing its business in russia and continues to sponsor the war in Ukraine.
No official statement
Received revenues in Russia in 2021-2024, 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. Revenue increased in 2024 vs 2023 by more than +50%.
Received revenues in Russia in 2021, there is no any official announcement
The company has not made any statements about stopping sales and closing its business in Russia and continues to sponsor the war in Ukraine.
The company has not made any statements about stopping sales and closing its business in Russia and continues to sponsor the war in Ukraine.
Received revenues in Russia in 2021, there is no any official announcement
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. Revenue increased in 2024 vs 2023 by more than +50%.
Received revenues in Russia in 2021, there is no any official announcement
Received revenues in Russia in 2021-2022, there is no any official announcement. Significantly reduced revenue in 2023 vs 2022. Revenue increased in 2024 vs 2023 by more than +50%.
Rösler Oberflächentechnik GmbH has been active in the Russian and CIS markets for over 40 years, collaborating successfully with more than 100 customers across various industries. In 2009, the company established a dedicated branch in Moscow to enhance its service capabilities in the region. This facility offers comprehensive services, including consulting, sales, machine commissioning, maintenance, and support. Additionally, the Moscow location features a test center for developing customized processes and a warehouse stocked with spare parts and consumables to ensure prompt delivery to clients. Given this long-standing presence and dedicated infrastructure, the Russian market holds significant importance for Rösler Oberflächentechnik GmbH's business operations.
The new aroma brand 27 87 Perfumes has appeared in Russian Rive Gauche stores. The brand was created in 2016 by Romy Kowalewski, a German living in Barcelona. The numbers in the name represent her date of birth and the philosophy of the company, whose fragrances are addressed to the generation to which Romy belongs.
Since 2023, the company has entered the Russian market.
Р&D Institute of Electronic Instruments (NIIEP), which is a part of Rostec, is also referred to as the developer of the "brains" for "Kinzhals." Their contractor, AO "Radiant-EK," supplied integrated microchips directly to NPK KBM. "Radiant-EK" continues to import items during wartime, including coils and tapes for protective packaging of electronic components from Germany, with Advantek Gmbh as the sender.
No official statement
In 2023, the Russian manufacturers of footwear for the power structures "Donobuv", "Faraday", "Iskozh" and "Unichel" directly imported products from European companies worth 4.1 million dollars. Among the largest European suppliers: the Belarusian-German company Belintertrans Germany Gmbh ($0.9 million).
The company continues to supply products to Russia.
Aggregates from German manufacturing companies Hermle, Stadler Keppler, Deckel, and DMG Mori are being sent to Russia through Turkey.
The company continues to work in Russia and has its representative offices.
The German company EKC.AG has been supplying chromium to Russia for more than a year, despite international sanctions. Since February 24, 2022, the company has denied any ties to defense enterprises and claims that Russia has its own reserves of chromium and does not need to import ore. According to Handelsblatt, from January 2023 to April 2024, EKC exported chromium to Russia for about 24 million euros, which was more than half of the total annual imports of this metal to Russia during this period.
Received revenues in Russia in 2021, there is no any official announcement
A total of seven deliveries have been made to Russia by Fein GmbH of Schwäbisch Gmünd, and the Russian website, including service and shop, is still active. The company did not respond to specific questions from SWR, but simply stated in general terms that “we at C. & E. Fein GmbH are taking all measures to comply with the sanctions rules. In addition, we ask you to understand that we will not provide any additional information."
Supplies Russia with building stone in newly completed and under construction developments.
The German company Gebr. Heinemann, which operates duty-free shops at Lithuanian airports, supplies luxury goods to Russian oligarchs.
Since the start of the war, other European buyers of Russian metals have included Germany's GGP Metal Powder (supplied for $66 million of copper). GGP Metal Powder said "there is no real alternative to our supplier from Russia".
For the production of UAVs, the Russians need epoxy resin, which was supplied to Alabuga by the Russian company Kompozit-Vyroby, which, according to customs data, purchased the material from two German companies — R&G Faserverbundwerkstoffe and Goettle Advanced Products GmbH & Co.Kg.
German drill manufacturer Gühring KG announced withdrawal from Russia, but supplies of its production continued. The US imposed sanctions on three companies that were the subject of The Insider's investigations: OOO Instrumentalnaya Kompaniya Gut — formerly OOO Gühring, a wholly owned subsidiary of the German company Gühring KG, which produces high-precision drills and metal cutters. It announced its withdrawal from the Russian market after the start of the war, but, according to The Insider's investigation, continued to supply its products for the needs of the Russian military-industrial complex.
In December 2022, Hans Wrage supplied Rusimpex with $69,000 worth of gun cases and hunting clothing. In October 2022, Kolchuga, a company owned by Khubutia's partner Rafik Etumyan, received a batch of $11,000 worth of hunting clothing and footwear.
Still operating in Russia through a third-party; not disclosed publicly. 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].”
JSC Kolomensky Zavod supplies the Ministry of Defense with diesel engines for warships. The enterprise produces engines for the Russian Navy based on the D500. Kolomensky Zavod orders screw springs from Heinrich Eibach GmbH in Germany, safety valves are supplied by HOERBIGER Wien GmbH from Austria, and D49-type engines from Poland’s Piston Ring Manufacturer Prima.