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 CompletedThe Czech Republic is on course to end its 60-year dependence on Russian crude imports next year as major technical upgrades to the Transalpine Oil Pipeline (TAL) near completion. Known as TAL-PLUS, the project will double the country’s import capacity from the west and allow it to fully meet annual oil demand of around 8mn tonnes (160,000 barrels per day). It will mark the end of Russian crude deliveries to the EU member state via the Soviet-era Druzhba pipeline system, one of the world’s longest oil corridors.