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 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 2021-2023.
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
Received revenues in Russia in 2022.
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%.
There is no statement on the company's website about the termination of cooperation with the Russian Federation. The international sales network contains links to the websites of companies in Russia https://amazone.net/en/experience-acquire/acquire/sales-contacts/international-sales-network.
Received revenues in Russia in 2021, there is no any official announcement.
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
In response to the Russian invasion of Ukraine, Bohnenkamp stopped all spending in Russia and Belarus which includes: the suspension of all marketing activities, stopping all projects to expand business activities, the suspension of all investments. Received revenues in Russia in 2021-2023.
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.
Still cooperating with dealers in Russia; not disclosed publicly
Still operating and advertising in Russia. In addition to cultivators, the LEMKEN company also supplied disk harrows to Russia. It is among the top five suppliers of disc harrows (9.41% market share), and among the top ten suppliers of cultivators (3.39% market share). In all cases, deliveries were made from Germany to its own representative office "LEMKEN Rus", registered in the Kaluga region.
Continue doing business as usual.
Received revenues in Russia in 2021, there is no any official announcement
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
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.
Still operating in Russia. 2 companies: FOLMANN LLC and CHEMICAL ALLIANCE LLC.
No official statement
Continue doing business as usual.
Continue doing business as usual.
Continue doing business as usual, increased revenue and profit in 2022 vs 2021. 27.04.2023: The full name has been changed from LLC "DEUTCH AMFIBOLIN-WERKE - RUSSLAND" to LLC "LINNIMAX PROFESSIONAL COATINGS RUS". At the beginning of spring 2022, the parent company stopped the supply of raw materials, semi-finished products and finished products from the EU to Russia, even before the introduction of EU sanctions. 5 trademarks and exclusive rights to them were extended in 2023 for another 10 years.
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.
Received revenues in Russia in 2021-2022, there is no any official announcement. Increased revenues in 2022 vs 2021.
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 2021-2023, there is no any official announcement. According to Russian customs databases, a Hungarian company owned by a Lithuanian resident supplied Russia with high-precision thread grinding machines manufactured in Italy at the plant of the German corporation EMAG. The export of such equipment to Russia from the EU is prohibited. The machines were brought in via Turkey. In Russia, a typical buyer of equipment of this level under this brand is the Titan-Barrikady Scientific and Production Center, a leading center for the creation of weapons for ground forces. Importing such machines to Russia is prohibited by European export control rules. EMAG has not announced its exit from the Russian business; moreover, its Russian subsidiary EMAG LLC increased its revenue turnover from 450 million to 2.2 billion rubles in 2023. However, according to EU rules, the company does not have the right to sell thread grinding machines to Russia: either directly or through third parties.
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
No official statement
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
No official statement
Received revenues in Russia in 2021, there is no any official announcement
Received revenues in Russia in 2021, there is no any official announcement
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.
Received revenues in Russia in 2021, there is no any official announcement
Received revenues in Russia in 2021, there is no any official announcement
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
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
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.
Still operating in Russia. 06.2024: Internal transfer. The entry about the founder of OBO BETTERMANN FERTRIBSHOLDING INTERNATIONAL GMBH LLC was removed from the Unified State Register of Legal Entities. OBO BETTERMANN WERTRIBSHOLDING INTERNATIONAL GMBH & CO. KG becomes the new founder of the organization.
Received revenues in Russia in 2022.
Received revenues in Russia in 2021, there is no any official announcement
Received revenues in Russia in 2021, there is no any official announcement
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.
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 is the second largest supplier of hardware for windows and doors on the Russian market.
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
No official statement
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.
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 is still present in Russia. The company is included in the 10 largest travel agents of the Russian Federation in 2023.
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.
Received revenues in Russia in 2021, there is no any official announcement
Ongoing operations
No official statement
There is no statement on the company's website about the termination of cooperation with the Russian Federation. On the company's website there is information about the representative office in Russia.
Received revenues in Russia in 2021-2022, there is no any official announcement
Received revenues in Russia in 2021-2022, there is no any official announcement
Branches in Moscow, Novokuznetsk, Irkutsk and Novosibirsk serve customers throughout Russia
Received revenues in Russia in 2021, there is no any official announcement
Received revenues in Russia in 2021, there is no any official announcement
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.
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
No official statement
Received revenues in Russia in 2021, there is no any official announcement
The company continues to work in Russia.
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.