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 CompletedALS still controls Russian entity ALS Chita Laboratory LLC, increased revenue in 2022 vs 2021.
The Russian market has been replenished with new brands.
The Moscow representative office is currently located in the Krymsky Most business center.
Tennis Australia is standing by its position to allow Russian and Belarusian players to compete at this year's Australian Open, despite calls for them to be banned.
Shun Russian oil cargoes over war in Ukraine
The company refused to work in Russia (contractor in a number of LNG projects)
Suspended transfers in Russian rubles. Temporarily suspended transfers to Russia and Ukraine. (OFX has been criticized for their decision to suspend transactions in non-sanctioned portions of Ukraine.)
Suspended purchase of crude oil from Russia.
Tigers Realm Coal Limited engages in the identification, exploration, development, mining, and sale of coal deposits in Russia and Asia. Tigers Realm Coal said it will sell its assets, including two Siberian coking coal mines and an export terminal, for $49 million to APM-Invest, owned by Russian businessman Mark Buzuk. Tigers Realm Coal nears completion of Russian subsidiary sale amid legislative delays. Tigers Realm Coal Limited has been navigating the sale of its Russian operations to Limited Liability Company APM-Invest, with the process being delayed due to new Russian legislation affecting company exits. The company is also dealing with compliance issues related to the Australian Sanctions Regime, which has impacted its ability to provide financial documents on time. The completion of the sale is pending presidential approval, which once obtained, will allow the company to proceed with its financial filings.
Suspended new software sales to Russia, suspending existing Russian government-owned licenses as well as licenses to specific Russian businesses that support the war, but did not terminate the relationships and obligations to existing small business customers in Russia, will donate all future revenue generated from Russia to Ukrainian causes. Atlassian promised to wind down its Russian and Belarusian business completely from 31st October 2022.
Stopped postal exchange with Russia
All products of Russian origin will be removed from company’s stores, hotels and online businesses
No longer flies over Russian territory
Amcor to scale down activities in Russia amid Ukraine invasion and to sell factories in Russia. Amcor announced it completed the sale of its three factories in Russia to HS Investments, a Russian-based investor, after receiving all necessary regulatory approvals and cash proceeds, including receipt of closing cash balances.
Orica posts loss, quitting Russia. Russia exit will probably take six months, said CEO. Orica completes exit process from Russia.
Ansell halted production at Russian factory in June, 23.08.2022: decision being to exit both commercial and manufacturing operations. 04.2023: CJSC "PERSPEKTIVA" becomes the new founder of the organization. The record about the founder of "ANSELL HEALTHCARE EUROPE" has been deleted. 04/19/2023: Avanesova Olga Alekovna is no longer the CEO of the organization. Althausen Konstantin Sergeevich becomes the new CEO of the organization.