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
Societe Generale ceases its banking and insurance activities in Russia and announces the signing of a sale and purchase agreement to sell its entire stake in Rosbank and the Group’s Russian insurance subsidiaries to Interros Capital. The French Societe Generale estimated the loss from the sale of its bank in the Russian Federation at 3.3 billion euros. At the end of July 2024, the French group Societe Generale closed positions related to the group’s presence in Russia through Rosbank, receiving 301 million euros from the deal, according to the group’s financial statements.
The supplier of terminals for accepting cards, the French company Ingenico, whose services are used by the largest banks, is considering the possibility of leaving Russia. 07.2023: The record about the founder of JSC "INGENICO GROUP" was deleted. WORLDLINE IDGIESAY becomes the new founder of the organization. 19.07.2023: The full name was changed from LLC "INGENICO" to "AR-PAYMENT-INNOVATIONS" LLC.
RCI Banque discloses exposure to Russia and Ukraine. Renault's RCI Banque announces sale of Russia leasing subsidiary. 11.2023: The full name was changed from RNL LEASING LLC to FLIT AUTOLEASING LLC. 20.11.2023: FLIT LLC becomes the new founder of the organization.
Suspended many transactions and cease new financing. 13.01.2025: BUREAUCRAT LLC becomes the new founder of the organization Natixis Bank JSC.