Stop Doing
Business with Russia

Wintershall Dea will exit Russia: Wintershall Dea to deconsolidate Russian segment from financial reporting and to record one-off non-cash charge of €5.3 billion in the fourth quarter relating to the deconsolidation as well as other Russia-related impairments. Significant financial flexibility maintained. Wintershall Dea Joint Ventures in Russia economically expropriated. Wintershall Dea intends to fully exit Russia in an orderly manner complying with all applicable legal obligations. German Wintershall Dea completely wrote off its share in the Nord Stream operator due to the impossibility of estimating the terms and costs of restoring the damaged gas pipeline against the background of geopolitics, the company's report says. Wintershall Dea will cut some 500 jobs, or roughly a quarter of its staff, in a separation of its Russian activities. Vladimir Putin signed decrees according to which the shares of two foreign companies, namely the German Wintershall DEA and the Austrian OMV in joint ventures (JV) with Gazprom, will be forcibly sold to Russian owners. The British oil company Harbor Energy announced that it is purchasing from the German chemical concern BASF and LetterOne Mikhail Fridman all their shares in the oil and gas company Wintershall Dea. The deal will cost Harbor Energy $11.2 billion. As part of the deal, Harbor will acquire all of Wintershall's production assets, with the exception of Russian ones.

Russian offices were listed on HAVI's website, but on Russian job search sites, in job descriptions, the company's name is already marked as "RULOG LLC (ex. HAVI)". 05.2023: JSC "LOGISTYKA I TOCHKA" becomes the new founder of the organization. Deleted record about the founder of LLC "HAVI GLOBAL LOGISTICS GMBH".

In process of exiting business activities in Russia. Henkel put up assets in Russia and Belarus for sale and aims to complete sale of Russia business soon. Henkel agreed to sell business in Russia to local investors for 54 billion rubles. The consortium that acquires the Henkel business activities in Russia includes Augment Investments, Kismet Capital Group and Elbrus Services. All acquirers have established and long-standing business relationships in Western countries and are not subject to EU or US sanctions.The agreed purchase price amounts to 54 billion rubles, which corresponds to around 600 million euros. The relevant Russian authorities have already approved the transaction. 04.2023: Founder entry HENKEL AG & CO removed. KGAALID HOLDING LIMITED and LEAD HOLDING LIMITED become the new founders of the local organizations. The division of the owner of the Persil brand in Russia will begin to operate as an independent company under a new name.

04.2023: JSC "AVTODOM" becomes the new founder of the organization. The record about the founder of MERCEDES-BENZ MOBILITY AG has been removed. The record about the founder of MERCEDES-BENZ MOBILITY BETAYLIGUNGSGEZELSHAFT MBH has been deleted. The record about the founder of MERCEDES-Benz AG has been removed. 19.04.2023: Legal address changed. 05.2023: JSC "AVTODOM" becomes the new founder of the organization. 24.05.2023: The full name was changed from JSC "MERCEDES-BENZ RUS" to JSC "MB RUS".

Exit Russian market. Siemens has already sold 4 large factories (SIMENS ENERGETIKA TRANSFORMATORY LLC, Siemens Gas Turbine Technologies LLC, Siemens Transformers LLC, and Siemens Finance LLC). The Group's assets still remained in the Russian Federation in 2022 (in total, they had more than a dozen legal entities), but a clear trend towards exit is visible. In April 2023 finalized sales of assets. Siemens and Volkswagen seek compensation from German government over withdrawal from Russian market. Systems LLC (formerly Siemens LLC, the Russian structure of Siemens AG) plans to initiate a voluntary liquidation procedure in February 2024 due to the inability to continue its normal activities related to the import of goods into the Russian Federation, according to the company’s report on the results of 2023. In October 2022, PJSC Inter RAO announced the purchase of Siemens Energy's 65% stake in a joint venture with Power Machines - STGT LLC. Also RAO Intertech B.V. (Dutch structure of Inter RAO) became the owner of the Voronezh Siemens Energy plant - Voronezh Transformer LLC (formerly Siemens Energy Transformers LLC). 04.2024: The legal entity LLC "SMART INDUSTRY SOFTWARE" was liquidated on April 3, 2024.

Exit Russian market completely. LLC was sold to a local legal entity. The first hypermarket of the German DIY chain OBI will open in Myakinino near Moscow on the site of the burnt-out Sindika market. The OBI retail chain may come under the control of Mordashov's Severgroup structures. Hermes LLC acquired 65% of shares in three legal entities of the OBI construction hypermarket chain.

Suspended business including partnership with Kamaz. Daimler Truck was in talks over stake in Russia's Kamaz. DK RUS LLC (ID 7714790325) was sold to KAMAZ, agreement dated January 13, 2023. And the second LLC EVOBUS RUSSLAND (Inn 7707281292) is in the liquidation stage from December 2022.

Stop all deliveries to Russia; maintain JVs. LLC in Russia was sold.

17.05.2022: The record about the founder JOINT-STOCK COMPANY "CERSANIT" has been deleted. SANGRE INTERNATIONAL LTD becomes the new founder of the organization. 26.04.2022: Financial statements for 2021 have been submitted

Received revenues in Russia in 2022-2023. The Austrian owners of the Selgros retail chain have managed to find a buyer for the Russian business. It could be a food supplier, the Arosa Group, co-owned by Rustem Mirgalimov, whose business interests are concentrated in the agricultural industry. In addition, the deal will include the distributor Global Foods, also owned by the owners of Selgros. The value of the retailer's assets in the Russian Federation reaches 40 billion rubles, but in the event of their sale, it will have to agree to a discount of 35-40%. 09.12.2024: AROSA-LOGISTICS LLC becomes the new founder of the organization. The entry about the founder of MCCR BETAILIGUNGS GMBH has been removed from the Unified State Register of Legal Entities.

The German holding HSE (Home Shopping Europe) sold 100% of the Shopping Live TV store to its founder Ilya Kirik. According to the Unified State Register of Legal Entities, since June 25, 2024, Direct Trade LLC, which manages this business, belongs to the company K2 Invest, where Ilya Kirik has 99.9%, Dmitry Kuznetsov has 0.1%.

Temporarily resuming the production of passenger tyres for the local market at our tyre plant in Kaluga if necessary. 23.05.2022: Ambrose Kristzhan is no longer the general director of the organization, Vladimir Vasilievich Barvinok becomes the new general director of the organization. Germany's Continental aims to sell its tyre plant in the Russian city of Kaluga to S8 Capital. Continental decided to leave Russia in March 2023 and has already received permission from Moscow, but asked the American Ministry of Trade to check the deal before closing, the answer is delayed. 23.05.2023: JSC "S8 INDUSTRIAL ASSETS" becomes the new founder of the organization. Records about previous founders were removed: PRIVATE COMPANY LIMITED LIABILITY CONTINENTAL GLOBAL HOLDING NETHERLANDS, SIJIECH HOLDING B.V. and CONTINENTAL GLOBAL HOLDING NETHERLANDS B.V. 14.03.2025: The legal entity CONTITEK RUS was liquidated.

Promised to suspend retail business operation, e-commerce and close the stores. Made a donation to Red Cross but later there were proofs found that the company is continuing to sell its goods in Russia and "HUGO BOSS RUS" LLC is still active and received revenues in 2021-2022. Company HUGO BOSS RUS receives plenty of direct shipments from Hugo Boss AG as of March 31, 2023, based on the Russian customs data. A lot of transactions ~18k in a year. Promised to suspend retail business operation, e-commerce and close the stores. Stockmann became the buyer of the Russian business of the German clothing manufacturer Hugo Boss, which included 19 stores in Russia at the end of 2022. The deal, according to experts, could cost 800 million rubles, taking into account all the discounts. with a market value of the business of 1.8 billion rubles. Hugo Boss sold Russian business to wholesale partner Stockmann. "We can confirm that our Russian subsidiary has been sold to Stockmann JSC – a company belonging to one of Hugo Boss's long-standing wholesale partners in the country," Hugo Boss said. Neither party has disclosed financial terms of the deal, but Russia demands that foreign companies sell assets at discounts of at least 50%. Stockmann did not respond immediately to a request for comment. Russian corporate filings showed that the deal closed on Aug. 2 and that Stockmann JSC now owns 100% of Hugo Boss Rus with a nominal value of 40 million roubles ($470,588). Hugo Boss appears to be back, with two stores recently opened in the sprawling Evropeyskyi shopping center near Kyivskyi Station in Moscow, and more are said to be on the way. Despite the closure of outlets since the start of the war, B4Ukraine, a coalition calling on Western companies to sever ties with Russia, criticized Hugo Boss for continuing wholesale deliveries. This meant that the Russians were never truly without their beloved Boss. The firm said in a statement that it is "no longer present in Russia with its own legal entity", explaining that the reopened stores are managed by a former wholesale partner who bought the Russian subsidiary of Hugo Boss.

LLC was sold to a local legal entity

German Fraport AG, which owns 25% of the management company of the Pulkovo airport, is still selling its share, said the head of VTB Andrey Kostin. The sale may take place, despite the fact that the holding has repeatedly emphasized that it will not be able to sell its share by 2025 under the terms of the concession agreement. All Russian airport owners are among the interested buyers. Earlier, Fraport's fortune was estimated at €111 million. In May 2022, the head of Fraport, Stefan Schulte, stated that in accordance with the terms of the concession agreement, the holding has no possibility to withdraw from the shareholders until 2025. Russia nationalises St Petersburg Airport; Fraport et al left with shares with no voting rights. Orbit Aviation LCC is allowed to acquire 25% of the German Fraport AG in the authorized capital of the management company of Pulkovo Airport. The order to this effect was signed by President Vladimir Putin on October 25, 2024. In December 2024, Orbit Aviation bought 25% of the German Fraport, which decided to leave Russia. Fraport, one of the largest airport operators in Europe, has announced it received 45 million euros from the sale of its business operations in Russia. This information was disclosed by Fraport on March 18, 2025.

05.07.2022: LLC "MVK" becomes the new founder of the organization. 14.07.2022: Deleted record about the founder of TCHIBO GMBH - Russian subsidiary was sold.

deugro signed an agreement on September 5, 2022 to sell its business in the Russian Federation as part of a management buyout to its former local management, 13.09.2022: changed the owner to local management.

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 and seeks buyer for its Russian plant in Kaluga. As of February 1, 2023, the group officially announced only its intention to sell the Russian business of the manufacturer of luxury cars Porsche. By the end of 2022, VW's cargo division - a subsidiary of Traton Group - transferred the assets of local "subsidiaries" of truck manufacturers Scania and Man to Russian brand dealers. The fate of the group's subsidiary bank in Russia also remains unknown. In March 2022, Volkswagen Bank, whose assets at the end of 2021 amounted to about 40 billion rubles, stopped issuing loans. Official websites in Russia (https://vwgroup.ru/ and https://www.volkswagen.ru/ru) are active for Russian IP addresses and it says that "Volkswagen brand website is currently unavailable from outside Russian Federation." if to use VPN. Volkswagen has completed the sale of its Kaluga production plant in Russia and its local subsidiaries, the German carmaker said, ending months of wrangling with Russian authorities over the deal. After sale and changes in the official register incorporated in May 2023 (VOLKSWAGEN ACTIENGESELSCHAFT, ŠKODA AUTO A.S. and VOLKSWAGEN FINANCE LUXEMBURG S.A. were deleted as owners) "ART-FINANCE" LLC bacame the new owner and key company was renamed from "VOLKSWAGEN GROUP RUS" LLC to "AGR" LLC, which also took over official Instagram account in Russia and it provides service of Volkswagen cars in Russia. New owner of Volkswagen's former plant in Russia to resume car production in H1 2024. 27.06.2024: EXPOFINANCE LLC becomes the new founder of the organization VOLKSWAGEN GROUP FINANCE. The Arbitration Court of the Nizhny Novgorod Region partially satisfied the claim of the Gorky Automobile Plant (GAZ) against the structures of the German automaker Volkswagen for 16.9 billion rubles. The court determined to partially recover from Volkswagen in favor of GAZ JSC 16.908 billion rubles, €40 thousand debt. Russian branch of Volkswagen Bank was sold only at the end of 2024.

Volkswagen-associated companies MAN Truck&Bus SE and Scania AB closed their deals just a few days ago, according to the Epravda - On December, 13-14 the following assets: MAN Truck and Bus RUS LLC and Scania - Rus LLC. MAN trucks continue to enter the Russian Federation (usually through third parties), despite the fact that the company previously withdrew from Russia.

Promised to stop business with Russia & stop deliveries to and from Russia. The company is misleading by the fact that they have stopped business in the Russian Federation. In fact, their plant in Lipetsk continued to work, they hired people and there were no changes till April 2023 in their legal entity "Viessmann Lipetsk" LLC / OGRN 1144827008534, Tax ID 4802025455. 04.2023: Sharova Polina Yakovlevna becomes the new founder of the organization. The record about the founder "FISSMAN BEZITTS UND VERWALTUNG GMBH" has been removed. Deleted record about the founder "FISSMANN HOLDING INTERNATIONAL GMBH". The record about the founder FISSMANN HOLDING INTERNATIONAL GMBH has been removed. Deleted record about the founder FISSMAN BESITZ UND VERWALTUNG GMBH.

Stops sales and production in Russia; transferred ownership of production facilities. LLC in Russia was sold.

Suspend exports to Russia. 06.2023: ETS LLC JOINT VENTURE becomes the new founder of the organization. The record about the founder of "BRENNTAG AUSTRIA GMBH" LLC was deleted.

Stop shipments to Russia; will not deliver any more products or systems for Russian locomotives; end JVs. 09.2023: HOLDING TRANSPORT COMPONENTS LLC becomes the new founder of the organization. The entry about the founder of KNORR-BREMSE SYSTEME FÜR SHINENFARTSOYGE GMBH has been deleted. 07.2024: TOLVO INVEST LLC becomes the new founder of the organization KNORR-BREMSE SYSTEMS FOR COMMERCIAL TRANSPORT LLC. The entry about the founder KNORR-BREMSE SÜSTEME FÜR NUTZFARZEUGE GMBH has been removed from the Unified State Register of Legal Entities.

06.06.2022: Aiji Equitiza Limited Liability Company becomes a new founder of the Organizate of Organizer, a record of the founder Limited Liability Company "Phoenix Contact Fervaltungs GMBH" Removed Records on the founder of Limited Liability Company "Electrophenix GMBH", 26.05.2022: Semenova Elena Vladimirovna more is not the general director of the organization Galina Ivanovna Bannikova becomes the new general director of the organization. A record of the founder Limited Liability Company 'Phoenix Contact Fervaltungs GMBH' was removed from the register

Stop deliveries to Russia but continued manufacturing in Russia. German supplier of automotive and industrial products Schaeffler is selling its business in Russia to Austrian businessman Siegfried Wolff, who is a long-time business partner of sanctioned Russian oligarch Oleg Deripaska. Russian President Vladimir Putin signed an order that will allow PromAvtoKonsalt LLC to acquire the Russian business of the German auto parts manufacturer Schaeffler. German auto supplier Schaeffler has sold its Russian business to a company called PromAvtoConsult, Russian company filings showed, the latest Western company to exit the country since Moscow's February 2022 invasion of Ukraine.

Continue doing business as usual, increased revenue and profit in 2022 vs 2021. 27.04.2023: The full name has been changed from LLC "DEUTCH AMFIBOLIN-WERKE - RUSSLAND" to LLC "LINNIMAX PROFESSIONAL COATINGS RUS". At the beginning of spring 2022, the parent company stopped the supply of raw materials, semi-finished products and finished products from the EU to Russia, even before the introduction of EU sanctions. 5 trademarks and exclusive rights to them were extended in 2023 for another 10 years. Revenue decreased in 2024 vs 2023 by more than -20%. 27.05.2025: LLC GAZOBETON becomes the new founder of the organization LLC DAV - RUSSLAND. The record about the founder CAPAROL BETAILIGUNGS-GMBH has been removed from the Unified State Register of Legal Entities.

Metabowerke continued operations in Russia but decreased revenue in 2022 and 2023 vs 2021. 04.04.2025: Bogomolov Gerasim Yuryevich becomes the new founder of the organization Metabo Eurasia LLC. LLC KS LOGISTIKA becomes the new founder of the organization. The entry about the founders LLC METABOVERKE GMBH and LLC ELEKTRA BEKUM GMBH has been removed from the Unified State Register of Legal Entities.

Received revenues in Russia in 2021-2023, there is no any official announcement. According to Russian customs databases, a Hungarian company owned by a Lithuanian resident supplied Russia with high-precision thread grinding machines manufactured in Italy at the plant of the German corporation EMAG. The export of such equipment to Russia from the EU is prohibited. The machines were brought in via Turkey. In Russia, a typical buyer of equipment of this level under this brand is the Titan-Barrikady Scientific and Production Center, a leading center for the creation of weapons for ground forces. Importing such machines to Russia is prohibited by European export control rules. EMAG has not announced its exit from the Russian business; moreover, its Russian subsidiary EMAG LLC increased its revenue turnover from 450 million to 2.2 billion rubles in 2023. However, according to EU rules, the company does not have the right to sell thread grinding machines to Russia: either directly or through third parties. 17.12.2024: Eliferenko Liana Sergeevna becomes the new founder of the organization OOO "EMAG". The entry about the founder LIMITED LIABILITY COMPANY "EMAG SYSTEMS GMBH" has been removed from the Unified State Register of Legal Entities.

The LLC changed its name, was sold to an individual/individuals. But a Google search makes it possible to find a full range of products of this manufacturer in Russia, with prices and availability.

Received revenues in Russia in 2021-2022. 02.2024: IMPULS LLC becomes the new founder of the organization. Entries about the founders of JSC "LEONI WIRING SYSTEMS FRANCE", "LEONI BORDNETZ VERWALTUNGS - GMBH" and "LEONI BORDNETZ - SYSTEM GMBH" were removed from the Unified State Register of Legal Entities.

Quarterly Statement Q3 2022: KION Group intends to withdraw from all business in Russia. 27.04.2024: UNITED RESOURCES PTO LLC becomes the new founder of the organization. The entry about the founders LINDE MATERIAL HANDLING GMBH and STILL GMBH has been removed from the Unified State Register of Legal Entities.

EJOT withdraws from business in Russia with sale of the national company "EYOT VOSTOK" to the local management.

The legal entity is liquidated

Bosch suspends Russia business. Germany's economy ministry has launched an investigation into whether Bosch violated an export ban on goods that can be used for both civilian and military purposes. Bosch is looking for buyers for its Russian assets. Germany's Bosch sells some Russian assets to holding company S8 Capital. Bosch sold the Russian business in Engels. We are talking about three plants for the production of spark plugs, power tools and heating boilers. The assets of the German group were acquired by the S8 Capital holding of Armen Sargsyan. Bosch sold the Russian business (all 6 local companies). Throughout Russia, the remaining specialized stores of LG, Bosch and Sony began to close. Technical support clarifies that some stores will remain open until the summer, until the remaining goods are sold out. Until now, retail partners of foreign manufacturers have not closed stores to avoid fines from landlords, market participants say. In place of the stores of the departed companies, sales points for suppliers from Turkey and China are already opening.

Received revenues in Russia in 2021-2023, there is no any official announcement. OOO "Poliplastik Group" became the owner of 65% of shares of OOO "AMS Pro" (until November 2023 - OOO "Nikoll Vostok") - a supplier of plastic pipes and fittings. Until 2023, "AMS Pro" belonged to the Belgian pipe manufacturer Aliaxis Utilities & Industry GmbH. Aliaxis decided to sell the company to local management. It is noted that, together with the terms of the transaction, the Government Commission for Control over the Implementation of Foreign Investments in Russia approved the development plan of "AMS Pro", which involves the creation and development of a production complex for the production of plastic fittings on the basis of the company.

Messe Frankfurt suspends events in Russia. The LLC changed its name, was sold to an individual/individuals. 06.2024: BEIJING RUIDAO INTERNATIONAL CONFERENCES AND EXHIBITIONS LIMITED LIABILITY COMPANY becomes the new founder of the organization.

Received revenues in Russia in 2021-2022. 09.2023: Piek Roy Hendrik Wilhelm Marie becomes the new founder of the organization. The entry about the founder of "BILFINGER SE" was deleted. Probably internal transfer as new owner became foreign private individual.

Received revenues in Russia in 2021-2023 but suspened of the Jack Wolfskin retail business in Russia due to the Russia-Ukraine War. 05.2024: Legal entity LLC "JACK WOLFSKIN RUS" was liquidated on May 6, 2024.

Received revenues in Russia in 2021-2022. 04.2023: JSC "AVTODOM" becomes the new founder of the organization. The record about the founder of MERCEDES-BENZ MOBILITY AG has been removed. The record about the founder of MERCEDES-BENZ MOBILITY BETAYLIGUNGSGEZELSHAFT MBH has been deleted.

12.05.2022: The full name was changed from LIMITED LIABILITY COMPANY 'Messe DYUSSELDORF MOSKVA' to LIMITED LIABILITY COMPANY 'EXPO FYUZHN'. LLC in Russia was sold.

Received revenues in Russia in 2021-2023, there is no any official announcement. 29.01.2025: JSC POLAD becomes the new founder of the organization LLC "EDSCHA TOLYATTI". The entry about the founder LLC EDSCHA HOLDING (EDSCHA HOLDING GMBH) has been removed from the Unified State Register of Legal Entities.

On June 1, 2022, the Supervisory Board and the Executive Board of Rational AG voted unanimously to suspend business operations in Russia and to close its distribution company, based in Moscow, by the end of 2022. RATIONAL has made this decision in response to the economic and political developments resulting from the Russian war in Ukraine. The company's withdrawal will be gradual and controlled so that it can continue to meet existing customer and employee obligations. 12.2023: The legal entity was liquidated.

VTG LLC was sold on 08/11/2022.

The LLC changed its name, was sold to an individual/individuals

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. 29.11.2023: The legal entity was liquidated.

Suspended all business with Russia. 28.12.2023: Full name changed from KUKA ROBOTICS LLC to INDUSTRIAL ROBOTICS LLC | Smolentsev Petr Aleksandrovich and Katkov Sergey Arkadyevich become the new founders of the organization. The entry about the founders of KUKA DEUTCHLAND GMBH and KUKA SYSTEMS GMBH has been removed from the Unified State Register of Legal Entities.

Received revenues in Russia in 2021-2022, there is no any official announcement. 07.2024: DAKTRAM LLC becomes the new founder of the organization OSRAM LLC (renamed to NOBIUM LLC). The entry about the founder OSRAM GMBH was removed from the Unified State Register of Legal Entities. 12.07.2024: The name was changed from OSRAM LLC to NOBIUM LLC.

"Roland Berger" LLC (tax id 9701171219) has closed its Moscow office and stopped all operations. Roland Berger was in the process of a complete exit from Russia and planned to finalize it as quickly as possible. 18.04.2024: in the EGRUL register the status of the legal entity was changed to “In the process of liquidation”, Yulia Abramova was appointed as a liquidator. 18.03.2025: the legal entity ROLAND BERGER LLC has been liquidated.

Sandvik paused its business activities in Russia on February 28 2022, and took the decision to wind down operations in Russia on June 29, 2022. After the Russian invasion of Ukraine, the company did not make a statement about the termination of operations in the Russian Federation, and Russian enterprises continue to purchase their equipment through internal tenders. 27.07.2023: The legal entity was liquidated.

Received revenues in Russia in 2021-2022, there is no any official announcement. 19.10.2023: The legal entity was liquidated.

Received revenues in Russia in 2021-2022, there were no any official announcement. No official announcement still, but the russian website version is closed. 05.09.2023: The legal entity was liquidated.

Received revenues in Russia in 2021-2022, there is no any official announcement. 12.2023: The legal entity was liquidated.

Received revenues in Russia in 2021-2022, there is no any official announcement. Significantly reduced revenue in 2023 vs 2022. 30.10.2024: PROMAVTOKONSALT LLC becomes the new founder of the organization. The entry about the founder BENTELER AUTOMOBILTEKHNIK GMBH has been removed from the Unified State Register of Legal Entities.

Suspend business activities with Russia. 13.06.2023: The full name was changed from Lanxess LLC to NL INTERNATIONAL LLC. 05.2023: Smirnov Kostyantyn Oleksandrovych is no longer the general director of the organization. Yakushin Volodymyr Petrovych becomes the new general director of the organization. LLC "Nortex" becomes the new founder of the organization. The record about the founder of LANXSESS DEUTSCHLAND GMBH has been deleted. The record about the founder of LANXSESS CHEMICALS S.L. has been deleted.

Received revenues in Russia in 2022. Significantly reduced revenue in 2023 vs 2022. 30.10.2023: MIRDORTEKHNIKA LLC becomes the new founder of the organization. The entry about the founder of FIRM WIRTGEN INTERNATIONAL GMBH has been removed from the Unified State Register of Legal Entities. 17.11.2023: The full name was changed from WIRTGEN-INTERNATIONAL-SERVICE LLC to BAKRA LLC.

Received revenues in Russia in 2021-2022. 08.02.2024: The legal entity DREES AND SOMMER LLC was liquidated.

Received revenues in Russia in 2021-2022, there is no any official announcement. 29.11.2023: The legal entity was liquidated.

Received revenues in Russia in 2021 but started the liquidation process. VARTA fully exited Russian market and on August 8, 2023 has liquidated local entity (tax id: 7703468892).

Close Russian business, LLC in Russia was sold. 06.2024: The entry about the founder of DEUTSCHE TELEKOM GBS RUS LLC was removed from the Unified State Register of Legal Entities. GBS RUS LLC becomes the new founder of the organization.

ELSTER METRONIKA was sold on 20/10/2022.

Received revenues in Russia in 2021-2022, there is no any official announcement. 03.2024: ELMAT LLC becomes the new founder of the organization. The entry about the founders S.E.R. TECHNISCHE FEDERN SIGMUND SCHERDEL CONSULTING GMBH and SCHERDEL MARIENBERG GMBH were removed from the Unified State Register of Legal Entities. 20.03.2024: The abbreviated name was changed from SHERDEL KALUGA LLC to SHERDEL ELMAT KALUGA LLC.

Exports have been suspended, liquidate Russian entity. Russian 9M727 cruise missile contained company's components. Promised to liquidate the Russian entity but no actions done. Supply channels to Russia have remained open despite Western export restrictions and manufacturer bans. The kamikaze drone "Lancet" (owner of the UAV manufacturer "Rostec") manufacturer used electronics of Infineon. 16.11.2023: The legal entity was liquidated.

Received revenues in Russia in 2021-2024, there is no any official announcement. Revenue significantly (by more than -70%) decreased in 2024 vs 2023. 26.08.2025: The legal entity Rödl & Partners LLC was liquidated.

Aareal Bank has now recognised loss allowance of around €60 million, or approximately 30 per cent of the remaining Russian exposure. Strong earnings growth offsets non-recurring burdens and higher loss allowance – Full exit from the Russian exposure. 17.11.2023: The legal entity was liquidated.

Continued operations. 06.03.2025: The legal entity LLC "BIESTERFELD RUS" was liquidated.

Suspend exports to Russia; keep rep office open. Revenue significantly (by more than -70%) decreased in 2024 vs 2023. 04.08.2025: The legal entity EPPENDORF RUSSIA LLC was liquidated.

Continued their activities in Russia. Business was sold in June 2024. 03.06.2024: 11 individuals become the new founders of the organization. The entry about the founder of EULER HERMES has been removed from the Unified State Register of Legal Entities. 14.06.2024: the name was changed from EULER HERMES RU INSURANCE COMPANY LLC to GERSA INSURANCE COMPANY LLC.

Gerry Weber confirms sale of its Russian business and is liquidating its local entity. The legal successor of the representative office of the German clothing brand Gerry Weber in Russia, LiM Holding, having terminated the commission agreement with its largest distributor in the country, Smart Causal, is demanding through the court the return of almost 1 billion rubles in inventory balances stuck with the counterparty's structures. 24.06.2024: The legal entity GERRY WEBER RUS LLC was liquidated.

German insurance company HDI Global has sold its business in Russia. The company had been part of the German insurance group for the past 15 years. According to SPARK, the Russian subsidiary came under the control of one of the partners of the consulting firm Russia Partners. A subsidiary of the German insurance company HDI Global SE has changed its name to SK Ganza. The rebranding was carried out after the insurer sold a 100% stake in the capital of the Russian subsidiary to an investor from Russia. According to SPARK, the deal was closed on February 19, 2025. German companies HDІ Global Network AG and HDI Global SE, which owned 99 and 1% of shares, respectively, sold the entire package to the CEO of Guardia Capital Partners LLC Dmitry Piskulov, who is also one of the partners of the consulting firm Russia Partners Advisors (he owns 10%).

KfW IPEX-Bank has stopped all business in Russia during the year 2022 and closed its representative office by end of December 2022.

Promised to close stores and to suspend all business with Russia. After the beginning of the great war between the Russian Federation and Ukraine, the German camera manufacturer Leica Camera AG announced the cessation of imports to the Russian Federation and the closing of the company stores in Moscow, but contrary to the promise, as investigated by "THE INSIDER", it not only continued deliveries, but also began importing binoculars with a laser rangefinder and night vision scopes. In turn, the company reported: "Leica Camera AG firmly rejects the allegations mentioned in the article of "THE INSIDER" of 18 May 2023 regarding support for the Russian war of aggression against Ukraine. The statement that Leica Camera AG has continued to supply products for civil use to Russia despite the official announcement of an export stop is false. The last delivery of the products mentioned in the article to the Russian subsidiary took place at the end of February 2022 and thus indicates that shortly after the outbreak of the Russian war of aggression Leica Camera AG promptly implemented all relevant measures to obey the voluntary export ban. This also includes the closure of the Leica Store in Moscow and the decided implementation of the liquidation of the company Leica Russia at the end of 2022. Leica Camera AG has thus fully withdrawn from the Russian market, support of the Russian war of aggression is therefore purely factually impossible. Leica Camera AG has also at no time, as also mentioned in the article, circumvented any sanctions provisions." 13.06.2024: The legal entity LLC "LEICA CAMERA RUSSIA" was liquidated.

Stops servicing aircraft for airlines in Russia. 26.12.2024: The status of the legal entity LUFTHANSA TECHNIK VOSTOK SERVICES LLC has been changed to "In the process of liquidation". 27.03.2025: The legal entity LUFTHANSA TECHNIK VOSTOK SERVICES LLC was liquidated.

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 production in Russia. Mercedes on 26/10/2022 announced its intention to leave the Russian market. Stopped manufacturing and exporting and will sell shares in subsidiaries. Putin Gives Mercedes Approval to Sell Russian Financial-Services Business. Final sale of financial-services and industrial assets is expected by the end of February 2023. The deal is closed in April 2023. Mercedes-Benz and BMW disconnected Russian dealers from the software.

A division of German Preiss-Daimler (P-D Glasseiden GmbH Oschatz) has withdrawn from a joint venture with Russia's Tatneft, which produces fiberglass in the Alabuga Special Economic Zone. According to data in the Unified State Register of Legal Entities of the Russian Federation, as of September 11, the remaining shareholders of P-D Tatneft-Alabuga Glass Fiber are Tatneft-Aktiv, which holds a 75% stake, and Tatneft-Prescomposit, which holds a 25% stake. 11.09.2025: TATNEFT-PRESSKOMPOZIT LLC becomes the new founder of the organization. The entry for the founder, P-D GLASSEIDEN GMBH OSCHATS, has been removed from the Unified State Register of Legal Entities.

Technoform stop all deliveries to Russia except for a few actual orders that had already been confirmed before. 18.07.2025: The legal entity TECHNOFORM BAUTEK RUS LLC was liquidated.

Discontinued business activities. 29.11.2023: The legal entity was liquidated.

Statement condemning Russian invasion of Ukraine (Volkswagen Group is a parent company). Traton sells some assets in Russia, incurs 550 million euro loss.