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 CompletedIn 2022, since the start of the full-scale invasion, KONTI-RUS CJSC continued to operate in Russia and increased capacity (most brands are still in use), having acquired an additional factory in Ivanovo shortly before this, but Boris Kolesnikov denied any involvement in its buying. Russian court has confiscated the confectionery company Conti-Rus, claiming that it supposedly belonged to 'a relative of Rinat Akhmetov and his partners. We changed status for "exited" for Ukrainian company Konti which were seized before as there are very low chances that former owners will be able to get it back.
Rinat Akhmetov's DTEK sold coal assets in the Rostov region to the Cypriot Valleyton Investments Limited with an unknown ultimate owner of the company. UK suspends $207 million debt collection from Russia in favor of Ukrainian Krymenergo.
The Velikoustyug District Court of the Vologda Region has recognized Ukrainian oligarchs Natalia Bondareva and Svyatoslav Nechitailo, as well as Yuriy Moklyak, who manages their assets in Russia, as extremists. The vodka assets of the largest Ukrainian alcohol company, Bayadera Group (which produces, among other things, Vozdukh and Perepelka vodkas), which they own in the Russian Federation and which are worth more than 9 billion rubles, have been transferred to the state by a court decision. The reason for this was the participation of entrepreneurs in financing the Armed Forces of Ukraine. We changed status for "exited" for Ukrainian company Bayadera Group which were seized before as there are very low chances that former owners will be able to get it back.
The shares of the well-known Lipetsk Confectionery Factory Roshen JSC, owned by former Ukrainian President Petro Poroshenko, have been transferred to the ownership of the Russian Federation. In February, the court declared Petro Poroshenko and his son extremists, banning their activities in Russia.
Completely closed the business in Russia. The process of liquidation began in March 2022, LLC "YOUSCAN RESEARCH" was liquidated on 08.09.2023, LLC "YOUSCAN RUS" was liquidated on 08.07.2024. The company additionally checks clients from other countries for connections with Russia. Moreover, in the new contracts signed with clients, clients are officially prohibited from having connections with the Russian Federation. The company also actively helps Ukraine in the fight against the aggressor, providing access to its technologies and technical expertise of the team to many government organizations engaged in the fight against the aggressor in the information and OSINT sector, as well as charitable organizations and foundations.