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 businessPausing Investments
Reducing Activities: company scaling back some business operations while continuing othersScaling Back
Pause operations: company temporarily curtailing operations while keeping return options openSuspension
Clean Break: the company completely halting Russian engagements or exiting RussiaWithdrawal
Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the marketExit Completed
A tanker recently seen at a refinery plant in Mailiao harbor, Yunlin County, belonging to Formosa Petrochemical Corp. (FPCC) was delivering oil products bought from Russia, the company confirmed 2/06/2022
TSMC complies with all applicable laws and regulations and is fully committed to complying with the new export control rules announced. Taiwan announced it was joining international sanctions against Russia and export ban of semiconductors.