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 CompletedStop Licensing Content to 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.
Stop business with Russia
Paramount Consumer Products is temporarily halting its operations in Russia and giving $1 million to support humanitarian relief for Ukraine. It will also pause new licensing deals in Russia.
The company is taking steps to pause all the businesses in Russia. This includes content and product licensing, Disney Cruise Line activities, National Geographic magazine and tours, local content productions and linear channels. Pause new content releases, Disney Channel Russia stops broadcasting, replaced by local kids’ TV channel. Disney and Sony received £13.5m in payments from Russian joint venture after Ukraine invasion despite suspension of operations in the country. The Moscow-based company responsible for marketing and distributing films in Russia made by the two studios paid out £13.1m in dividends in March 2022, a month after Russia invaded Ukraine. An analysis of recently filed accounts shows a further £440,000 was paid between July and December 2023. The money was paid by Moscow-based Walt Disney Studios Sony Pictures Releasing (WDSSPR) to Eastern European Holdings (EEH), a joint venture between Disney and Sony’s London-based Columbia Pictures unit. Revenue significantly (by more than -70%) decreased in 2024 vs 2023.
Bet365 & Parimatch Leave Russia, Condemning War in Ukraine
Removing Russian ports of calls for cruise lines. (Most lines have a Baltic presence)
Ban on all Russian competition. Russia will host the revived Eurovision Song Contest on September 20, 2025, at Moscow's LIVE Arena, organizers announced Wednesday. The event comes in response to Russia's ban from the Eurovision Song Contest following its invasion of Ukraine in 2022.
Russian cinemas cannot show films in IMAX due to the company's withdrawal from the Russian Federation
WarnerMedia ‘Pausing All New Business’ in Russia. A branch of Warner Bros. is closing in Russia, according to a document posted in the Unified State Register of Legal Entities database. According to the document, the decision to liquidate the legal entity of the film company was made on July 19, 2024.