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
Still allows transactions to Russia but introduced more thorough checks. Also, due to sanctions against Russia and Belarus expand will be ceasing all payments to and from Russia and Belarus as of August 20th, 2022
All official MikroTik coaches in Russia have had their coaching certificates suspended. Official MikroTik trainings are no longer held in Russia. All engineering certificates are valid until the expiration date. Earlier, MikroTik temporarily suspended the reception of orders for new devices and stopped the supply of licenses; current licenses are still valid. Stopped all shipments
Leave Russian market until further notice. Latvian airline airBaltic has been buying fuel from Russia since the start of the war in Ukraine, violating EU sanctions. The carrier has conducted at least 13 transactions, 11 of which were concluded in 2023 with TatneftAviaService. Two more were closed in February and March 2022 under contracts with Gazpromneft-Aero. In total, airBaltic imported 3,100 tons of jet fuel for 206.7 million rubles. Information about this was found in declarations from two customs databases: ImportGenius and the closed archive of foreign economic activity of Russia. Both the airline company and the Latvian authorities insist that they did not cooperate with the Russian postal authorities in the first months of Russia's large-scale invasion of Ukraine. At a press conference on February 14, Imants Jansons stated that AirBaltic suspended all flights to Russia immediately after the start of a large-scale Russian invasion of Ukraine. Jansons learned that one of the state companies was a partner of AirBaltic during the period when the airline canceled flights to Kazan. In addition, Gazpromneft-Aero withheld payments from AirBaltic between now and April 2022, including for refueling aircraft from Lisbon. In this case, it is emphasized that all these operations were carried out before the EU sanctions were imposed.
