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
Hyundai Motor Manufacturing Russia are suspended until further notice due to ongoing global logistics issues with components delivery.
Stop production at its St. Petersburg plant and stop imports of vehicles; no statement about retail operations and services inside Russia. 23.09.2022: Toyota Motor decided to close its factory in Russia
Volkswagen AG has decided to stop the production of vehicles in Russia until further notice. Vehicle exports to Russia will also be stopped with immediate effect. Also, the Volkswagen company will announce the liquidation of the production site in Nizhny Novgorod
Google withdraws internship offers to foreign students in Russia, restriction of Google Pay for sanctioned banks, termination of advertising sales in Russia; а Moscow court accepted a bankruptcy application by Google's Russian subsidiary
Reducing production and sales of vehicles in Russia. Suspended delivery of trucks and parts to Russia (Manufacturing in St. Petersburg). 13.09.2022: Scania makes a provision for Russia in connection with the disposal of Sales and Service operations and Financial Services in Russia.
According to Nikkei, the company is suspending the export of spare parts to the plant in Vladivostok. The available stock of components will be enough for production and sale for several months. Mazda in talks to end Russia production, following Toyota exit
March 7: Suspending operations in Russia. Pledge of $250K to International Red Committee of the Red Cross. March 2: Planning on temporary shut down of pulp and paper production at its Svetogorsk, Russia due to supply issues. (Russian operations account ~15% total revenue in 2021)
Has suspended all of its corporate support for the Russian market (800 locations), including operations, marketing and supply chain. Also stopping investment and expansion in the region.
ABB has decided to exit the Russian market due to the ongoing war in Ukraine and impact of related international sanctions. When the war broke out, ABB stopped taking new orders in Russia. At the same time, it has been fulfilling a small number of existing contractual obligations with local customers, in compliance with applicable sanctions
Transactions initiated with Visa cards issued in Russia will no longer work outside the country and any Visa cards issued by financial institutions outside of Russia will no longer work within the Russian Federation.
Cards issued by Russian banks will no longer be supported by the Mastercard network regardless of where they’re used - inside or outside of Russia. And, any Mastercard issued outside of the country will not work at Russian merchants or ATMs. All domestic transactions in Russia are processed by the central bank and Mastercard cannot block them.
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.
Pausing commercial operations in Russia. Donating $300K to humanitarian charities including International Rescue Committee and CARE with employee matching 2:1 up to $200K. Licensees donating jackets and warmer clothes to Urkainian refugess. (About 2% of revenue comes from Russia)
Mercedes-Benz will suspend the export of passenger cars and vans to Russia as well as the local manufacturing in Russia until further notice, but is selling its prodution in Russia according to Kommersant.
The company suspended shipment of retail products to customers based in Russia and Belarus, and will no longer be accepting new Russia and Belarus-based AWS sign-ups and Amazon third-party sellers. It is also suspending access to Prime Video for customers based in Russia.
Temporarily suspends shipping of bikes, snowmobiles and outboard motors due chaotic logistic networks. Pledge of $700 K to Japan Platform for humanitarian aid for Ukraine. (Presence in Russia.)
The Swedish electronic and audiobook service Storytel will leave the Russian market on October 1, funds for unused subscription days will be returned to customers. pause its operations in Russia until further notice, including halting all content production and new content acquisitions in Russia.
Suspended all new sales of ADP services in Russia. No mention of condition of existing sales with Russian customers. Donated $1.5 million via ADP Foundation and our ADP employees to UNICEF USA, International Rescue Committee, International Medical Corps and UNHCR.