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
Continuing to supply social selling representatives in Russia. Suspending Russian Avon exports. Continuing Russian manufacturing operations, which primarily produce cosmetics for the local market. (Fragrance portfolio is currently produced in Russia.)
Suspended Alrosa membership (April 1st) after pressure from jewelry retailers who had left the organization due to RJC inaction. Prior to that it had just advised its members to comply with sanctions. Has not urged its members to stop doing business with Russia.
The company suspended all imports and exports of its products into and out of Russia, and will stop all media and advertising spend. Unilever will not invest any further capital into the country nor will get profit from its presence in Russia. Unilever will continue to supply essential food and hygiene products made in Russia to people in the country.
The company is not planning any new investments in Russia. It is continuing to work in Russia, and are taking all required measures to ensure an uninterrupted supply of medicines.
Will continue to supply essential medicines, vaccines, medical devices, and equipment in Russia. Halted clinical trials, advertising, and promotion. Russian sales proceeds to go to humanitarian aid. (No manufacturing and little raw materia/suply chain reliance. Combined Russia and Ukraine sales over $650 K annually)
Agreed to sell its largest plant in Russia to an investor Viktor Kharitonin for $1.6 billion. Mondi also has three much smaller plants in Russia that are not part of the deal
Selling its business in Russia. It will operate until the sale is concluded. Technical records in the register - 29.07.2022: The record about the founder of LLC AGGRECO UKEY LIMITED has been deleted. The record about the founder of OOO AGGRECO HOLDINGS LIMITED has been removed. LLC AGGRECO HOLDINGS LIMITED becomes the new founder of the organization. LLC AGGRECO UKEY LIMITED becomes the new founder of the organization
On 22nd February, before the Russian regime’s invasion, Dyson stopped supplying products into Russia. Dyson has ceased online commercial, social media and advertising activities in Russia and the annual James Dyson Award is suspended there. Dyson has closed all directly managed retail spaces in Russia and, at the same time, has taken steps to stop activity in those third-party retailers which are not in their control.
Following discussions with a Baltic Member who received oral guidance from the UK Government, the Baltic Exchange is of the opinion that UK persons are prohibited from broking, chartering and selling vessels to persons connected with Russia, and to do so would breach inter alia UK sanctions: Part 5 Chapter 2 Clause 29 (1) of the Russia (Sanctions) (EU Exit) Regulations 2019
Calrec Responds to Critics Who Claim Company Supports Russian Aggression. It says it maintains stringent compliance controls and immediately took steps to cease all commercial activities in Russia and Belarus. While it is unclear as to the basis for such criticisms, the company counts Russia State TV & Radio VGTRK among its customers; the company appears to have taken down press releases regarding its business with the state broadcaster from its website.