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
All exportation of cars to Russia and importation from Russia are suspended. The car plant in Kaluga, which had been shut down since April 2022, resumed production of French Stellantis cars: the Automotive Technologies company with little-known owners launched the assembly of the Citroen C5 Aircross. According to customs data, vehicle kits for assembly come from China from the Dongfeng Peugeot-Citroen Automobile plant. The Stellantis concern in February announced that at the end of 2023 it was no longer related to both the joint venture in China with Dongfeng and the plant in Kaluga, control over which it considered lost. The Automotive Technologies company announced the start of sales of crossovers under the Citroen C5 Aircross brand, assembled at the PSMA Rus plant in Kaluga. Production began in March without permission from the European company Stellantis, which owns the rights to the brand. She left Russia after the start of the war in Ukraine.
Damen halts delivery of newbuilds to Russia. The Netherlands’ largest shipbuilder is suing the Dutch government for losses inflicted on its business by sanctions against Russia, a rare instance of a European company taking its grievances to court over the corporate fallout from the invasion of Ukraine. “Before the sanctions, Damen had signed contracts with Russian ship buyers, and after the invasion of Ukraine the Dutch government decided that such contracts may not be honored by the Dutch business community.”
Suspend operations of on-site and online stores
Holding company's assets are suspending operations
Will abide by sanctions. Though not stated directly by the company, they have likely paused builds for Russian customers, since sanctions prohibit exporting of luxury European goods to Russia.
The Dutch natural gas grid operator Gasunie said it has written off its 9% stake in the Nord Stream gas pipeline that was badly damaged in September 2022. The Arbitration Court of St. Petersburg and the Leningrad Region, banning the Dutch gas transport operator Gasunie Transport Services B.V. to begin proceedings in foreign arbitration with Gazprom Export, assigned it a sanction for possible violation of the ban in the amount of 275.4 million euros.
Suspends activities for the Russian market
Close office in Moscow & pause new sales complying with all current sanctions. Miro sent a letter to owners of paid accounts stating that due to new sanctions, they can no longer provide services in the Russian Federation and the Republic of Belarus, and therefore access to the account will be closed from September 12, 2024. In the letter, Miro offers users a solution - change the payment region to another country. On June 10, 2022, the media reported that the Miro startup was liquidating its Russian division and closing its Perm parent office. The company moved its employees from the Russian Federation abroad. The Miro service will not support Russian and Belarusian accounts.
Suspended involvement in Russian projects.
MyGames restructures to exit Russian market and focus on "international business development". The Boosty service, which became one of the most popular content monetization platforms after Patreon was blocked in Russia, may be sold by the end of the year. My.Games, which manages it, is already negotiating with potential buyers.
Executing government mandated sanctions. One Russian subsidiary, DLL is active, primarily leasing agricultural machinery. New activities have been discontinued by DLL.
Turn off live traffic for Russia, cut ties with several Russian customers, some customers are still under review. Suspended future sales in Russia. As it is company's mission to map the world for the benefit of all, a small team in Moscow office remains, whose responsibility is to maintain the map of Russia.
Suspend operations in Russia. "Louis Dreyfus Company (LDC) will cease grain exports from Russia from July 1, 2023, as grain export challenges continue to increase in the country, and is also assessing options for the transfer to new owners of its existing Russian business and grain assets," LDC said in a statement. Global grain traders - Cargill, Viterra, Louis Dreyfus have stopped exporting Russian grain since July 1, 2023 and are leaving Russia. They informed the Ministry of Agriculture of the Russian Federation about this decision, as well as the fact that they are starting to work out the issues of transferring their business to new owners back in March of 2023.
According to the decree on the transfer of assets of the Agroterra company, one of the top 15 largest landowners in the country, under state control, 100% of Agroterra, which owns lands in Kursk, Oryol, Lipetsk, Tula, Ryazan, Tambov, was transferred to the “temporary management” of the Federal Property Management Agency. and Penza regions. In addition, the Federal Property Management Agency received 100% of its financial subsidiary AgroTerra (Capital AgroFinance), as well as AgroSistema LLC and AgroSistema-Regions LLC. The actual owner of the Russian group is the Dutch holding AgroTerra Invetments B.V. The Federal Property Management Agency appointed a new general director to Agroterra, which was transferred to its management.
Received revenues in Russia in 2021-2022, there is no any official announcement. Baring Vostok sold the collection agency PKB to an investor from the Russian Federation.
The Vanderlande office is closed as of 30.9.2022. Vanderlande has no more activities in Russia as of then. The decision was taken in March 2022. It took until now to close our operations in an orderly manner.
Withdraw from Russia completely
Kramp business is very important to Russia to supply spare parts to their agricultural machinery and keep they running. This is the way how Russia is pushing out Ukraine grain in global food supplies. According to the Annual Report, "An important change was the official termination of our business in Russia, marking the end of a long process that was initiated in 2022. I am pleased that we have found a new owner for the Russian company, ensuring continuity for the people who have been working for Kramp there for the past 15 years”. But no changes reflected in the ownership structure/EGRUL register yet.
Contractors representing the Big Four dredging companies (Van Oord, Boskalis, Jan de Nul, DEME), which account for over 98% of dredging works in Russian ports, have withdrawn from Russia’s Arctic infrastructure projects.
The discontinuation of Ekaterra means that tea brands Lipton, Saito and Brooke Bond will cease to be produced in Russia by the end of 2022. After that, the Ekaterra company will completely stop their sales and distribution on the Russian market.
All new investments and advertising activities on hold. Contractors representing the Big Four dredging companies (Van Oord, Boskalis, Jan de Nul, DEME), which account for over 98% of dredging works in Russian ports, have withdrawn from Russia’s Arctic infrastructure projects.
Bellona has been working in Russia for more than 30 years. This activity has now been discontinued, and Bellona has opened a new office in Vilnius, Lithuania, where Bellona specialists resettled from Russia will continue to work.
Pizza firm DP Eurasia considered divestment of Russian business. The owner of the Domino's Pizza brand in the Russian Federation, the company DP Eurasia, announced that it had stopped attempts to sell it and initiated the beginning of the bankruptcy of the Russian business. Timati allowed the purchase of the Russian business of Domino`s Pizza. Pinsky and Tymaty will unite Domino's Pizza franchisees under a new brand.
Suspended all projects in Russia. In June 2022 announced that after work on unwinding its activities in Russia Fugro has now fully ceased operations in Russia.
Terminate all relationships with Russia
Received revenues in Russia in 2021-2022, there is no any official announcement. Ceased to receive income in Russia in 2023.
End all business with state-controlled entities
Shut down API access, block SMS and voice traffic to Russian carriers
The Nebius Group is built on the basis of Yandex NV following the sale by the Dutch public company Yandex NV of all its Russian and Russia-related assets and subsidiaries (in particular, Yandex LLC and Yandex Technologies LLC). Nebius Group NV no longer owns Russian legal entities.
Russia fails to be elected to executive council of chemical weapons watchdog for the first time.
Sell off all Russian investments
Sell off all Russian investments
Terminated licence contract with Moscow Brewing Company (MBC)
Received revenues in Russia in 2021-2022 but revenue dropped to 0 in 2023. According to information provided, company stopped doing business in Russia in Q1 2022. It employs no employees, have no office and no assets / revenue. Local entity remains in existence but dormant.