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 CompletedThe Angolan government demanded that the Russian group of Alrosa (more than 60% of the shares belong to the Russian Federation) withdraw from the diamond mining project at the Catoca mine due to Western sanctions. The development of the deposit is carried out by Sociedade Mineira de Catoca, 41% of which is owned by the Angolan national company Endiama. Alrosa owns a similar stake. Another 18% of the shares are held by the international holding LL International Holding B.V.