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
Received revenues in Russia in 2022-2024. Zentiva sells operations in Russia and CIS markets, no details disclosed officially so far. Revenue increased in 2024 vs 2023 by more than +30%.
The company has not made any statements about leaving Russia as of yet and continues to earn money in the aggressor country.
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
Continue operations with 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.
Apram Aerospace of the Czech Republic supplied parts for AI Fly aircraft to other Russian companies both before and during the full-scale war.
When severing ties with the Kremlin was still fashionable, Czech agricultural equipment manufacturer Bednar publicly announced its exit from Russia. "We do not plan further supplies of equipment to the Russian Federation. This decision was painful from an economic point of view, but democratic values are more important," the company's press release said. Not even a year has passed since Bednar products returned to the Russian market. Equipment is supplied not directly, but through intermediary companies. The owner of one of them has Russian citizenship. According to customs data, in the nine months of 2023, 151 units of Bednar equipment worth $11.7 million were brought to Russia in this way.
The company continues deliveries to Russia. The St. Petersburg company "Alliance" received 251 Česká Zbrojovka carbines in 2022-2024.
In December 2022, KR Group imported an automatic degreasing line designed for industrial processing of steel parts, worth $ 496.6 thousand. The sender was the manufacturer itself, Esa Plating En SRO, the delivery was carried out directly from Prague to Yekaterinburg.
The Czech company Farmet supplied Russia with disc harrows (10.10%), the company supplied equipment to the official representative of RostLine Agroservice.
The Dalkos website states that the company supplies equipment from various companies, including Schaublin, DMG MORI and Kovosvit MAS. According to updated data, after February 24, 2022, 56 batches of Kovosvit machines and equipment worth $3.162 million were delivered to Russia.
In Russia, the company operates through Labara-Rus LLC, 88% of whose capital belongs to the Czech company Labara. After February 24, 2022, Labara-Rus imported 324 batches of industrial products for a total of $5.358 million, including Kovosvit machines worth $210.8 thousand.
Continue doing business as usual.
The Czech Republic announced that the share of Russian oil imports through the Druzhba oil pipeline has reached its peak since 2012. This was reported by the press secretary of the state company Mero, Barbora Putsova, in a comment for ČTK. According to her, in the first half of 2023, the country imported 65% of oil through the aforementioned Russian oil pipeline, while the corresponding indicator last year was 56%.
Soon after the Russian invasion of Ukraine, the EU, the U.S., and Canada, among others, imposed sanctions against the Mi-8s producer, Kazan Helicopter Plant (KHP). As a result, PBS Velka Bites stopped deliveries to Russia after 20 years of uninterrupted supplies. However, a Trap Aggressor investigation conducted exclusively for the Kyiv Independent revealed that Mi-8-specific power units made by PBS Velka Bites continue to reach Russia via intermediaries in Asia.
The company operates in Russia and have a Russian website.
The company continues its business in Russia (via PRO.MED.CS Marketing LLC or ТОВ "ПРО.МЕД.ЦС Маркетинг") as it was before and keeps low profile.
According to the official website, this company continues to work with Russia and Belarus. Among locations you can see various countries INCLDUING Belarus and Russia and Russian language. Also their goods are presented in Ukrainian stores.
Among the Czech manufacturers whose products were delivered to Russia three companies — Šmeral Brno, Varnsdorf, and TAJMAC-ZPS — account for the majority of exports, totaling around $8 million.
Continue operations with Russia. Among the Czech manufacturers whose products were delivered to Russia three companies — Šmeral Brno, Varnsdorf, and TAJMAC-ZPS — account for the majority of exports, totaling around $8 million.
TOS Varnsdorf exports to Russia by countries of origin. Last direct shipments in October of 2022, but indirect shipments (including at least one full CNC machine) continue after that. No statement from the company. Among the Czech manufacturers whose products were delivered to Russia three companies — Šmeral Brno, Varnsdorf, and TAJMAC-ZPS — account for the majority of exports, totaling around $8 million.
Continuous import of products manufactured by ZDAS S.A. (Czech) to Russia was identified.
Czech state-controlled energy company CEZ has signed a contract with US nuclear power technology company Westinghouse and French Framatome for the supply of fuel assemblies for the Temelin Nuclear Power Plant.The contract is part of a shift by nuclear power station operators away from reliance on Russian nuclear fuel supplies. European energy companies have filed lawsuits against Gazprom, demanding a total of 18 billion euros in compensation for the suspension of gas supplies. CEZ (Czech Republic): 58 million euros.
Due to the events related to the war in Ukraine caused by Russian aggression involving Belarus, Komerční banka has decided not to make payments to Russia and Belarus in any currency from March 1, 2023, outside the framework of legal sanctions.
Czech natural gas transmission system operator Net4Gas (N4G) has decided to start arbitration proceedings against a major Russian gas supplier over missed payments.
Halted production and promised to stop exports. But official dealers are still active and selling cars. Website in Russia https://www.skoda-avto.ru/ is active for Russian IP addresses and it says that "ŠKODA brand website is currently not available outside Russian Federation." if to use VPN. OFAC has removed Skoda from the Sectoral Sanctions Identifications List.
Suspended beer deliveries to Russia. Budejovicky Budvar NP said its net profit jumped 46.3% last year to 293.8 million Czech crowns ($12.6 million). It attributed the result to successful development of its markets at home and abroad, which helped compensate for the loss of the Russian market. Budvar halted exports to Russia and Belarus following Russia’s invasion of Ukraine in February 2022.
Halts sales and blocks data services to products assembled in Russia
Suspended business relations with Russian suppliers (Oktava, Shnoor, Soma and Rav vast brands)
Stopped activity and remotely stopped clock on Russian Academy of Sciences
The components in Lancets are often manufactured in the European Union. It has recently emerged that the engine mounted on the drone is an AXI 5330/18 made by the Czech company Model Motors. "Our company has never supplied its products to the military use. According to our information, we are in connection with the relevant authorities in the Czech Republic discover that our products have been misused by a third party in abroad for sale into some of the types of weapons he uses Russian army. We would like to assure everyone that we have taken steps to it could no longer happen and our products that were used to we no longer manufacture or market these weapons. War is evil."
Stopped delivery. Pilsner Urquell has announced that it will not be sponsoring next year’s Summer Olympic Games in Paris due to the International Olympic Committee (IOC)’s decision to allow Russian and Belarusian athletes to compete in the event.
Suspended operations in Russia. The U.S. Agency for Global Media (USAGM) has terminated contracts with two satellite systems that carry Russian-language content produced by Current Time, a network run by Radio Free Europe, amid a fight to shut down the operations of numerous U.S.-funded broadcasters.
Stopped exports and withdrew some products for sale in Russia
Stopped cooperation, suspended business in Russia.
Do not continue business activities in Russia in any way, activity in Russia is absolutely zero.
Since VAFO Praha does not have its own production facilities in Russia, feeds for the local market are manufactured at the plants of other companies. Since May 2021, VAFO has cut all cooperation with Russia. Company stopped importing its products to Russia and ended all production for this market well before the Russian aggression. Additionally, VAFO have also ended cooperation also with Belarus. There is not even a license for any licensed production anywhere in these countries.
Received revenues in Russia in 2021-2022. Exit, but not complete. 25.03.2024: Authorized capital increased from 10,000 rub. up to 30,000 rub. 25.03.2024: Evgeniy Ivanovich Vostrikov becomes the new main shareholder of the organization. Mikenopa retained 33% of the capital after its increase. Revenue decreased in 2024 vs 2023 by more than -20%.
Discarded food and other goods of Russian origin from its online supermarket store
Received revenues in Russia in 2021 with further decrease to 0 in 2023. Tatra has ended its activities in Russia and is ready to help with armaments.
Sending aid on the ground to Ukrainian defense groups
PPF agrees to sell Russian banking assets. Was sold to a local legal entity. The last asset in the Russian Federation of the Czech PPF Group will go to the transport company Lidertrans.
Received revenues in Russia in 2022. 25.12.2025: The legal entity METAPROAKTIVE LLC was liquidated.
The President of Russia Vladimir Putin authorized the purchase of the assets of the Czech J&T Bank in the Russian Federation by the Bureaucrat holding, which owns Realist Bank. 12.2023: The status of the legal entity is changed to “The legal entity is in the process of reorganization in the form of merger with another legal entity” | 12.12.2023: LLC "BUROKRAT" becomes the new founder of the organization.
Statement condemning Russian invasion of Ukraine. Indefinite suspension of sales, research, and development in Russia and sales in Belarus. In addition to terminating all sales, all of the offices in Russia, including Moscow, Novosibirsk, and St. Petersburg were shut down. Work on the new campus in St. Petersburg was also terminated. All R&D activities were gradually stopped and liquidation papers for the Russian legal entity were filed in August 2022. 19.04.2023: The legal entity was liquidated.
Due to the geopolitical situation during 2022, on December 31, 2021, the Bank significantly reduced its risk to Russia, both by adjusting the limits on counterparties from these countries and by limiting the limits on transactions in rubles. 22.11.2024: The entry about the founder PUBLIC LIMITED LIABILITY COMPANY "PPF GROUP N.V." has been removed from the Unified State Register of Legal Entities. INVEASTA INVESTMENT IN COMMERCIAL ENTERPRISES AND MANAGEMENT LLC (from the UAE) becomes the new founder of the organization PPF LIFE INSURANCE LLC.