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 2021-2024, there is no any official announcement. Revenue decreased in 2024 vs 2023 by more than -20%. 24.06.2025: The entry about the founder of JSC "MUEHLHAN" has been removed from the Unified State Register of Legal Entities. JSC "GIVE" becomes the new founder of the organization LLC "MYULHAN MORFLOT".
Received revenues in Russia in 2021-2022, there is no any official announcement. 04.07.2025: The legal entity VAVIN RUS was liquidated.
Stopped all new investments in Russia. 25.06.2025: The legal entity TOSHIBA RUS LLC was liquidated.