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
Temporarily suspended all shipment in & out St. Petersburg, Russia with immediate effect till further notice. Termination of operations in some Russian ports (Novorossiysk).
The company still have website in Russian, it had the option of ordering through Russia. According to company's statement, Synology has stopped all shipments to Russia since April 2022, in addition to suspending technical support services. The resellers/partners list available on the website for Russia/Belarus have not been maintained nor updated since 2022. Synology does not have offices or personnel operating within Russia.
Taiwan's state-owned utility Taipower has made its last payment for Russian coal under a deal signed before the war in Ukraine and it will not enter into any new purchase agreements with Russia, a company spokesperson said on Wednesday.
TCC Group Holdings' decision to stop buying Russian coal for its Hoping Power Plant has been met with positive reactions from environmental groups.
TSMC complies with all applicable laws and regulations and is fully committed to complying with the new export control rules announced. Taiwan announced it was joining international sanctions against Russia and export ban of semiconductors.
Received revenues in Russia in 2021-2022, there is no any official announcement. Ceased to receive income in Russia in 2023.