Stop Doing
Business with Russia

Continue its divestment in Unipro. No new long-term natural gas supply contracts with Russia. Full impairment loss on the Nord Stream 2. Statement condemning Russian invasion of Ukraine. (Operates 5 power plants in Russia under Unipro). Uniper takes €4bn hit after losing control of Russian subsidiary. The German energy concern Uniper does not count on the resumption of Russian gas supplies and is waiting for a court decision on a lawsuit against Gazprom Export for gas supplies no earlier than 2024. Uniper decided to terminate its long-term Russian gas supply contracts and thus legally ended the long-term gas supply relationship with the Russian state-owned company Gazprom Export. The decision was made possible after an arbitration tribunal on June 7, 2024 awarded Uniper the right to terminate the contracts and awarded it an amount of more than €13 billion in damages for the gas volumes not supplied by Gazprom Export since mid-2022. European energy companies have filed lawsuits against Gazprom, seeking a total of €18 billion in compensation for the disruption of gas supplies. The largest lawsuit, worth €14.3 billion, was filed by the German company Uniper. In June 2024, the Stockholm Arbitration Court ruled in Uniper's favor.

Will sell its non-controlling interest in the AB InBev Efes, request regarding the suspension of the license for production and sale of Bud in Russia will also be part of a potential transaction, not sure of other brands. Increased revenue and profit in 2022 vs 2021. Largest brewing company AB InBev Efes has localized the production of some popular imported brands in Russia: Spaten, Franziskaner, Leffe Blonde and Brune. Anheuser-Busch InBev agreed to sell its stake in a Russian joint venture to partner Turkish brewer Anadolu Efes. Russia is still not letting go of AB InBev: the authorities refuse to approve the deal. Accordingly, AB InBev will be forced to continue operating in Russia, but already under the management of Anadolu Efes. In August 2024, the Russian government refused to approve an agreement between the brewing company and Anadolu Efes, according to which the latter received full control of the joint venture of the couple, which operates in Russia and Ukraine. Under the deal, Turkey's Anadolu Efes, whose management currently controls the business unit in Russia, would not receive any payments in exchange for its partner's non-controlling stake in six-year-old AB InBev Efes. At the end of October 2024, the pair announced that they intended to separate the company, with Anadolu Efes getting the Russian unit and AB InBev the Ukrainian unit. In December 2024 Putin placed shares in InBev's Russian entity in temporary management, decree says.

Still operating across 14 sites in Russia but promised to suspend new investments. Revenue and Net Income increased in 2022 vs 2021. Investing into Russia’s construction industry: Germany’s Knauf branded international sponsor of war by NACP. Knauf played an important role in the reconstruction of destroyed Mariupol. The German TV channel ARD and newspaper Tagesschau has revealed that German companies are helping the Russian occupying regime with construction works in the occupied city of Mariupol. In particular, they obtained photos showing a construction site with Knauf bags, whose official dealer publicly advertises that it has completed a residential building project using its construction materials for Russia's Defence Ministry. Knauf is a leader in gypsum production and has a long history of doing business in Russia. The company's founder, Nikolaus Knauf, served as Russia's honorary consul for over two decades. The German prosecutor's office is investigating reports of Knauf's participation in the restoration of Mariupol. After the scandal, the German manufacturer of building materials Knauf Group has decided to abandon its business in Russia and transfer it to local management. To complete the transaction, it is necessary to obtain approval from the Russian authorities. Knauf expects that the deal will save jobs for more than 4 thousand employees. The Würzburg prosecutor's office has launched an investigation into the German concern Knauf in connection with German media reports that the company's products are widely used in the reconstruction of Mariupol, which was destroyed by Russian troops and captured by them during the war against Ukraine. Knauf decided that they would transfer their company in Russia to management, paying the amount due to the budget to the budget. 15% of the valuation amount, but with an option - the ability to buy the business back within two years. The Rotenberg brothers want to buy the assets of the largest manufacturer of building materials Knauf that left Russia.

Separated out all business activities in Russia. In 2 entities out of 4 there were following changes (probably an internal deal, part of the assets were transferred to companies from Qatar and the UAE): 12.2023: The entry about the founder of KRONOSPAN GMH LLC was removed from the Unified State Register of Legal Entities. ULTRADEKOR GMH LLC becomes the new founder of the organization | 12/15/2023: Full name changed from KRONOSPAN LLC to ULTRADEKOR LLC. 12.2023: The full name was changed from KRONOSPAN GMH LLC to ULTRADEKOR GMH LLC. 15.11.2023: The entry about the founders of KRONOSPAN HOLDINGS RUSSIA LIMITED and KRONOSPAN HOLDINGS EAST LIMITED was removed from the Unified State Register of Legal Entities. KAUZA HOLDING LLC and KAUZA-FTSKO become the new founders of the organization.

After the start of Russian aggression in Ukraine, Gasum’s natural gas supplies continued as usual. The company commented that “an active dialogue is ongoing with the relevant national authorities and stakeholders regarding the situation”. But later, natural gas imports from Russia under Gasum’s supply contract was decided to be halted on Saturday 21 May at 07.00. Finnish Gasum has stopped taking LNG shipments from NOVATEK's Kryogaz-Vysotsk project in Leningrad oblast, according to Kpler data. Thus, one of the two tankers belonging to Gasum — Coral Energice — last called into the port of Vysotsk on April 24, and left without being loaded (the last batch of LNG was taken out by the ship on April 12). The second Gasum tanker, Coral Energy, called for the last time in the port of Vysotsk on April 4. Prior to that, tankers took several cargoes each month. Two gas tankers Gasum transported 17.46 thousand and 14.2 thousand cubic meters of fuel, respectively. Finnish state energy company Gasum continues to purchase a minimum amount of LNG from Russia under a long-term contract that is not subject to EU sanctions. Under the terms of the agreement, the Finnish company is obliged to pay Gazprom for a certain amount of gas annually, regardless of whether Gasum receives the gas or not. “If the company decided not to purchase this volume, it would still be obligated to pay for gas under the contract,” the company’s website says. Gasum will stop importing Russian LNG next month, in line the EU’s latest sanctions package adopted at the end of June 2024. Finnish energy company Gasum said it has ceased LNG purchases from Russia as the Nordic country gears up for a total ban on Russian gas.

The Russian authorities are discussing the possibility of introducing barrier duties of 220% on dietary supplements from unfriendly countries. The measure may affect such large manufacturers as Stada, Solgar, Unipharm. 11.2023: The entry about the founder of STADA ARTSNAIMITTEL was removed from the Unified State Register of Legal Entities. AGNIDDA LINKS S.A.R.L. becomes the new founder of the organization (probably internal deal). One of the largest German investors in the pharmaceutical industry of the Russian Federation, the company Stada, is moving its plants into a separate company and preparing them for sale.

Remove products from Russia from shelves

According to Nikkei, the company is suspending the export of spare parts to the plant in Vladivostok. The available stock of components will be enough for production and sale for several months. Mazda in talks to end Russia production, following Toyota exit. Mazda Could Soon Sell Its Stake In Russian Joint Venture. In a results statement, Mazda said the deal would be worth one euro, bring it the right to buy the asset back for the same amount within three years. https://www.reuters.com/markets/deals/russian-carmaker-sollers-buy-out-mazdas-stake-vladivostok-joint-venture-2022-11-10/

Received revenues in Russia in 2022. Russian President Vladimir Putin has authorized the sale of the Finndisp chemical enterprise, owned by Dow Europe Holding B.V. The company is registered in the Netherlands and owned by the American Dow Inc. 01.2024: Partial exit, one of the 4 companies sold. Bendenko Sergey Nikolaevich and JSC "PLASTIC" become the new founders of the organization. The entry about the founder of DOW EUROPE HOLDING B.V. was removed from the Unified State Register of Legal Entities.

The French logistics operator FM Logistic sells for more than 3 billion rubles another warehouse complex Central Properties in Dmitrov near Moscow.

Initially stopped production at its St. Petersburg plant and stopped imports of vehicles; no statement about retail operations and services inside Russia. 23.09.2022: Toyota Motor decided to close its factory in Russia. But at the end of 2022 the Toyota concern was the first automaker to resume direct deliveries of spare parts to Russia. "We are talking about details that did not fall under the sanctions". Also, the Russian daughter of Toyota Motor (the official supplier of products in the Russian Federation) allowed its dealers to parallel import spare parts that are subject to restrictions, such as electronics. 07.2023: FEDERAL STATE UNITARY ENTERPRISE "CENTRAL ORDER OF LABOR RED BANNER SCIENTIFIC RESEARCH AUTOMOBILE AND AUTOMOTORNY INSTITUTE "NAMI" becomes the new founder of the organization. The record about the founder of JSC "TOYOTA TSUSE CORPORATION" has been deleted. The record about the founder of JOINT-STOCK COMPANY "TOYOTA BOSHOKU YUROP" was deleted. Toyota plant in St. Petersburg transferred to Aurus. Significantly (4x! times) decreased revenue in 2023 vs 2022.

The company decided to stop soliciting any new business or clients. The company continue to reduce the remaining operations in Russia and expand the scope of the exit process but cautiously returned to the market for Russian government and corporate bonds and buy Russian debt. Citigroup on Friday, October 14 announced plans to shut down its institutional banking operations in Russia as Vladimir Putin’s assault on Ukraine stretches into its seventh month. Finding a buyer for Russian business proved near impossible. After exhausting all options, in August 2022 Citi started winding down both consumer and local commercial banking businesses in Russia, selling select consumer banking portfolios where possible and making sure their colleagues, clients and partners were supported during the wind down process. Continue to work with multinational clients to end nearly all institutional banking services by the end of Q1 2023. At that point, only operations in Russia will be those necessary to fulfill the remaining legal and regulatory obligations. Also, it was analized that Citibank cannot be sold due to problems with the IT system. Citibank will suspend the purchase of dollars and euros at the box office. Citibank is winding down its ATM network in Russia. American Citibank, one of the largest Western banks on the Russian market, which was in the top 20 in Russia by asset size, is winding down its operations. From November 15, 2024 the bank's Russian subsidiary will close its last operating branch that worked with retail clients. Citigroup probed by US over ties to sanctioned Russian billionaire Kerimov. Citibank, the Russian subsidiary of the American financial giant Citigroup, is taking the unprecedented step of forgiving outstanding loans for around 1,000 clients as it prepares to exit the Russian market. The bank began notifying clients via email about the forgiveness of debts, prompting questions about the strategic move as it consolidates its retreat from the region.

Ceased imports into Russia. Divest Russian operations: Olam International sells its Russian coffee production site to Lalibela Coffee.

Stopped new investments and exports/imports from Russia, American food manufacturer Kraft Heinz, the largest shareholder of which is Warren Buffett's Berkshire Hathaway, is putting up its business for the production of baby cereals, purees and other baby food for sale. The company continues to conduct a full-fledged business in Russia in its main category of sauces. The sale of the business concerned only the category of baby food. In the main category, the company is increasing its marketing activities in Russia (for example, see the new advertisement for the Picador brand https://www.youtube.com/watch?v=7T795vnCOw8). 03.2024: LLC "MANAGEMENT COMPANY "CHERNOGOLOVKA" becomes a management organization. 19.03.2024: JSC "AQUALIFE RESOURCE" becomes the new founder of the organization. The entry about the founder of the PRIVATE LIMITED LIABILITY COMPANY "H.J. HEINZ GLOBAL HOLDING B.V. was removed from the Unified State Register of Legal Entities. 05.2024: The entry about the founder of AQUALIFE RESOURCE JSC was removed from the Unified State Register of Legal Entities. JSC "GROUP OF COMPANIES "CHERNOGOLOVKA" becomes the new founder of the organization LLC "IVANOVSKY BABY FOOD FACTORY". The Chernogolovka company decided to stop the production of Heinz baby food in September 2024 and begin producing products under the Gipopo brand.

Initially, Hyundai Motor Manufacturing Russia have suspended until further notice due to ongoing global logistics issues with components delivery. South Korea's Hyundai Motor is considering options for its suspended Russia operations that could include selling its manufacturing plant there, South Korean media reported. Hyundai, South Korea’s third-largest conglomerate, said it had not decided the future of its Saint Petersburg facility following a news report that negotiations to sell the plant were in the final stages. Transactions on the sale of Russian assets of Hyundai and Volkswagen are close to completion and are included in the agenda of the upcoming meetings of the Law Commission on Foreign Investments. The Russian government has reportedly rejected Hyundai Motor's application to sell off its Russian plant. As Toyota, Nissan, Renault, and Volkswagen have already said their goodbyes and left Russia, Hyundai has become the only global carmaker remaining there. With the possibility of a prolonged war looming, Hyundai is expected to seek a new exit strategy as it is difficult to sustain itself locally. By the end of 2023, Hyundai Motor will close its local plant, which once contributed to the automaker's high sales in Russia. By the end of 2023, Hyundai Motor will close its local plant, which once contributed to the automaker's high sales in Russia. South Korea's Hyundai Motor plans to sell its plant in Russia for a nominal 7,000 roubles ($77.67), making it the latest global automaker to sell Russian assets since the outbreak of the war in Ukraine. Hyundai Motor, in a regulatory filing, said it would take a 287 billion won ($219.19 million) loss on selling the plant, in which operations have been suspended since March 2022. The Russian company Art-Finance, which owns the former Volkswagen plant in Russia, has closed a deal to acquire the Hyundai plant in St. Petersburg. Significantly decreased revenue in 2023 vs 2022. 15.01.2025: The entry about the founder of ART-FINANCE LLC has been removed from the Unified State Register of Legal Entities. AGR HOLDING LLC becomes the new founder of the organization HYUNDAI MOTOR MANUFACTURING RUS LLC. Hyundai is exploring a return to the Russian market amid expectations of a quick ceasefire in Ukraine after Trump-Putin talks.

BASF decided to wind down the company’s remaining business activities in Russia and Belarus by the beginning of July 2022. Exempt from this decision is business to support food production. Partial exit (had 4 companies). 07.2023: The record about the founder of CONSTRUCTION RESEARCH AND TECHNOLOGY GMBH has been deleted. The record about the founder MASTER BUILDERS SOLUTIONS DEUCHLAND GMBH has been removed. MBSS HONG KONG LIMITED becomes the new founder of the organization. MBSS HONG KONG ESTABLISHMENT LIMITED becomes the new founder of the organization. President Vladimir Putin signed an order authorizing Lakra Sintez, one of the largest manufacturers of paints and varnishes in the Russian Federation, to buy 100% of shares in BASF Vostok, a subsidiary of the German concern BASF in Russia. Significantly decreased revenue in 2023 vs 2022. 06.2024: LAKRA SINTEZ LLC becomes the new founder of the organization LLC "BASF Vostok". The entry about the founder of BASF COATINGS GMBH has been removed from the Unified State Register of Legal Entities.

Global carmakers are feeling the pinch as logistics and supply chain disruptions to the Russian market have become a reality. Kia the latest automaker to mull exiting Russia. Revenue in 2022 from Russian operations has significantly dropped vs 2021. Significantly decreased revenue in 2023 vs 2022 (more than 5.8x! times). The Ministry of Industry and Trade has permitted parallel import of Kia and Hyundai spare parts.

According to press reports, the company is suspending car imports. There are no company statements.

Suspended new business with Russian companies. Fee waivers for Ukrainians. Continuing to support international clients in Russia. Statement condemning Russian invasion of Ukraine. Pledge of over $3.9M to UNICEF. ING Bank said it had agreed to sell its Russian business to Global Development JSC, a “Russian company owned by a Moscow-based financial investor providing factoring services.” The deal, which is subject to regulatory approval, is expected to close in the third quarter and “will result in ING ceasing operations in the Russian market,” the statement said. The buyer will acquire all shares of ING Bank (Eurasia) JSC, and the entire Russian business will be transferred to it, which will operate under a new brand.

According to messages in the press, the company is winding down its business in Russia but cautiously returned to the market for Russian government and corporate bonds and buy Russian debt. Due to the unilateral decisions of American financial institutions, servicing of Gazprombank correspondent accounts in US dollars at JPMorgan Chase Bank and Bank of New York Mellon will be terminated. In this regard, we ask clients not to use Gazprombank for cross-border transfers in US dollars starting from January 27 inclusive. The Russian subsidiary bank of the American JP Morgan Chase, which announced the winding down of its operations in the country back in March 2022, became the largest foreign investment bank in Russia in terms of assets at the end of January–September 2023. The bank's assets overall grew more than fourfold over the past two years. A Russian court has ordered the seizure of JPMorgan Chase funds totalling $439.5mn a week after Kremlin-run lender VTB launched legal action against the largest US bank to recoup money stuck under Washington’s sanctions regime. JPMorgan Chase warns bank’s assets may be seized in Russia after $1,460,000,000 write-off. Goldman Sachs and JPMorgan in February 2025 started to offer investors ruble-linked derivatives.

In 2022, since the start of the full-scale invasion, KONTI-RUS CJSC continued to operate in Russia and increased capacity (most brands are still in use), having acquired an additional factory in Ivanovo shortly before this, but Boris Kolesnikov denied any involvement in its buying. Russian court has confiscated the confectionery company Conti-Rus, claiming that it supposedly belonged to 'a relative of Rinat Akhmetov and his partners.

Withdrawal from the Russian market. GeoPost is negotiating the sale of its DPD business in Russia with a number of large local logistics operators.

The company made a statement about leaving the Russian market

Worked, placing the recruitment ads but on behalf of the new owner (Maxidom), which still uses the Castorama brand.

Initially paused exports to Russia. The Pernod Ricard company, which owns Ireland's largest Jameson whiskey brand, has resumed supplies to the Russian market. Sales were suspended in March last year after the start of a full-scale war between the Russian Federation and Ukraine. The Absolut Company has decided to stop the export of its brand to Russia. Chivas employed several hundred people in Russia, and ceased exporting its international brands to the country at the end of April 2023, following a “complicated” exit process.

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.

Continuing operations within sanctions compliance & shares in Sakhalin-2 project. The consortium consisting of Mitsui & Co and the Japanese national oil and metals company JOGMEC retained a ten percent stake in the Novatek Arctic LNG-2 project. With the only clarification that since March of last year, Japan has frozen new investments in this project due to financial sanctions. Japanese trading company Mitsui & Co (Mitsui) has announced that it will invest in the operating company of Russia’s Arctic LNG 2 project. The Japanese companies Mitsui, Tajima Lumber and Tajima Kosan became co-owners of one of the largest Russian lumber production enterprises - TM-Baikal LLC (Irkutsk region). 11.04.2024: LLC SHIPPING COMPANY "YAKUTSK" becomes the new founder of the organization. The entry on the founders of the COMPANY "TAJIMA LAMBER CO., LTD", the COMPANY "TAJIMA KOSAN CO. LTD" and the COMPANY "MITSUI AND CO., LTD" was removed from the Unified State Register of Legal Entities. 1 more legal enity left. 06.2024: The entry about the founder of LLC SHIPPING COMPANY "YAKUTSK" was removed from the Unified State Register of Legal Entities. LLC "STARWAY LES" and LLC "STARWAY INVESTMENTS" become the new founders of the organization TM BAIKAL.

BMS is handing over its Russian commercial operations to its distribution partner Swixx Healthcare, previously known as Amicus, a Bristol spokesperson said over email

The company suspends online sales to end-users and also suspends investments, marketing, training and events. According to the previous statement, there will be no exports of products from Russia to the global warehouse in Europe. The production from the Russian factory is being redistributed to other manufacturing sites. Oriflame, as part of a previously announced strategic review of its assets in Russia, has chosen to divest its manufacturing entity within the country. The company has already signed a binding agreement with Arnest Management LLC (Arnest), who will acquire 100% of the shares in Cetes Cosmetics Russia. 11.2023: The entry about the founder of ARNEST MANAGEMENT LLC was removed from the Unified State Register of Legal Entities. JSC "ARNEST" becomes the new founder of the organization. 17.12.2024: The entry about the founder of JSC "ARNEST" has been removed from the Unified State Register of Legal Entities. JSC "MERCURY" becomes the new founder of the organization. JSC "EVEREST" becomes the new founder of the organization.

Suspending business in Russia. Donated 1$ million to UNICEF and Red Cross. Doubled employee matching to approved charities.

Wind down Russian business. 1H23 sales declined 1% as reported, while LFL sales grew 6% including approximately 300 bps of negative impact from the Russia exit.

Suspending Russian transactions at end of March 2022. Also suspended any new financing in Russia. BNP Paribas Asset Management is set to liquidate the firm’s Europe Emerging Equity fund on 3 July, following more than a year of suspension. 06.06.2024: The legal entity BNP PARIBAS TECHNOLOGIES was liquidated.

The German EOS Group, which owns one of the largest collection companies in Russia, is preparing to exit this business, two sources in the financial market told RBC. According to one of them, foreign shareholders of the Russian EOS were negotiating with at least four potential buyers. The German EOS Group has decided on a potential buyer of its collection agency in Russia — the asset can be purchased by the structures of Gazprombank (GPB).

Selling its business in Russia. It will operate until the sale is concluded. Technical records in the register - 29.07.2022: The record about the founder of LLC AGGRECO UKEY LIMITED has been deleted. The record about the founder of OOO AGGRECO HOLDINGS LIMITED has been removed. LLC AGGRECO HOLDINGS LIMITED becomes the new founder of the organization. LLC AGGRECO UK LIMITED becomes the new founder of the organization. Aggreko is to divest its Russian and Kazakhstan businesses by selling them to its private equity co-owners, TDR Capital and I Squared Capital Partners.

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.

Wind down business in Russia. Deutsche Bank is winding down its remaining software centers in Moscow and St. Petersburg and plans to cut 500 jobs. About 500 employees of IT centers who still remain in Russia will be offered to resign within six months with severance pay. Deutsche Bank has told clients it can no longer guarantee full access to Russian stocks that belong to them. Rushimalliance filed claims for 31 billion rubles against Deutsche Bank and Commerzbank. Gazprom arm seeks foreclosure on Deutsche Bank Russia businesses. Deutsche Bank and Commerzbank blocked Gazprom subsidiary's Russian lawsuits. A Russian court has ordered that Deutsche Bank's and Commerzbank's assets, accounts, property and shares be seized in Russia as part of a lawsuit involving the German banks, court documents showed. Russian court injuncts Deutsche Bank’s ICC claim against Gazprom venture.

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. Russian President Vladimir Putin has approved the acquisition of 100% of the shares in a elevator company owned by trading and food processing firm Louis Dreyfus Company (LDC) to an unnamed buyer, a government document showed.

Promised to stop new business and investments. Also, promised to close the plant and tried to change owners of the smallest TERRA INFRASTRUCTURE in 2022. In reality, local companies has not changed their owners and the biggest ones were renamed. Revenue slightly decreased in 2022 vs 2021. A big jump of the trade in summer of 2022, mostly attributed to the Murmansk Seaport project of the new material handling system for coal. Partial exit, 1 out of 3 local legal entities changed owner. 02.2024: OJSC "KRASNOYARSK NON-FERROUS METALS PLANT NAMED AFTER V.N. GULIDOV" and JSC "AKXION-RARE AND PRECIOUS METALS" become the new founder of the organization THYSSENKRUPP INDUSTRIAL SOLUTIONS (RUS) (abbreviated as LLC "TKIS (RUS)"). The entry about the founder of THYSSENKRUPP INDUSTRIAL SOLUTIONS AG has been removed from the Unified State Register of Legal Entities.

The Glavprodukt holding company, which is owned by the American Universal Beverage and produces canned goods, including stewed meat, is being transferred to the temporary management of the Federal Property Management Agency by decree of the Russian President. This is another case of the de facto nationalization of a private company. The decree of the Russian President Vladimir Putin on the transfer of the main assets of Glavprodukt to the temporary management of the Federal Property Management Agency was published on October 15, 2024. We are talking about Glavprodukt LLC, Glavprodukt JSC, Glavprodukt-Patent LLC, Baltic Canning Plant, United Canning Plants, Verkhovsky Dairy Canning Plant, United Industrial Company, Orelprodukt JSC and Promselkhozinvest LLC.

Tigers Realm Coal Limited engages in the identification, exploration, development, mining, and sale of coal deposits in Russia and Asia. Tigers Realm Coal said it will sell its assets, including two Siberian coking coal mines and an export terminal, for $49 million to APM-Invest, owned by Russian businessman Mark Buzuk. Tigers Realm Coal nears completion of Russian subsidiary sale amid legislative delays. Tigers Realm Coal Limited has been navigating the sale of its Russian operations to Limited Liability Company APM-Invest, with the process being delayed due to new Russian legislation affecting company exits. The company is also dealing with compliance issues related to the Australian Sanctions Regime, which has impacted its ability to provide financial documents on time. The completion of the sale is pending presidential approval, which once obtained, will allow the company to proceed with its financial filings.

Still operating in Russia. Armen Sargsyan's S8 Capital wants to acquire the Russian business of American Huntsman. This company owns a chemical production facility in Obninsk. Huntsman hoped to exit assets in the Russian Federation in 2023, but did not receive all the necessary regulatory approvals.

Limiting sales and workforce in Russia. After more than 30 years of operations in Russia and more than 15 years in Belarus, the Hilti Group has decided to exit both markets. Since 2022 the Hilti Group has significantly ramped down its operations in and ceased all exports to Russia and Belarus. Pending government approval, the Hilti Group will sell all its local operations to the local management.

No information about operations with Russia. Probably an internal deal - 12.2023: The entry about the founder of AP PACKAGING RUSSIA HOLDING GMBH was removed from the Unified State Register of Legal Entities. NEVA EF-ZET-EL-EL-SI becomes the new founder of the organization.

No statements about suspending or closing business. Italian bank Intesa Sanpaolo's (ISP.MI) Russian subsidiary saw profits more than six times higher in 2022 than the year before, independent audit documents showed, as Western sanctions on Russia's banking sector gave foreign lenders an unlikely boost. Intesa closer to gaining Moscow's OK for Russia asset transfer. The largest Italian bank, Intesa Sanpaolo, has decided to close its representative office in Moscow, although it was unable to obtain permission to completely withdraw from Russia due to restrictions on the sale of assets. Banca Intesa has increased the fee for legal entities to open euro accounts tenfold.

Winding down operations in Russia. Stopped new transactions in Russia. The German Commerzbank, which is the second largest in Germany, stopped making payments to Russia. The only exception made is for its "daughter" — the credit organization "Kommertsbank (Eurasia)". Rushimalliance filed claims for 31 billion rubles against Deutsche Bank and Commerzbank. Deutsche Bank and Commerzbank blocked Gazprom subsidiary's Russian lawsuits. A Russian court has ordered that Deutsche Bank's and Commerzbank's assets, accounts, property and shares be seized in Russia as part of a lawsuit involving the German banks, court documents showed.

Cisco is stopping all business operations, including sales and services, in Russia and Belarus for the foreseeable future. There are no statement about local manufacturing. A purportedly leaked Russian customs database shows around 500 shipments of Cisco gear arriving in Russia in August, months after the networking giant halted its business operations in that country. In January 2023, the manufacturer of network equipment and software products Cisco Systems "physically destroyed" its material and production stocks in Russia in the amount of 1.86 billion rubles due to the cessation of sales. These are mainly spare parts, however, other property is also subject to destruction, including the IT equipment itself, according to the accounting reports of one of Cisco's legal entities in the Russian Federation - Cisco Systems. 12.2023: The legal entity Cisco Systems LLC was liquidated. Partial exit, there is 1 more company.

Promised to terminate business and operations with and in Russia.

The French company Valeo has agreed to sell the Russian power systems business to NPK Avtopribor and is awaiting approval of the deal by government agencies. Moreover, the company wants to retain the right to repurchase assets. French car parts maker Valeo said on 31.10.2023 it had signed an agreement to sell its thermal systems production assets in Russia to NPK Avtopribor for an undisclosed sum.

Reducing some customer deliveries and divesting industrial assets (no details). Continuing to provide medical and safety critical products. Suspending sanctioned projects and planning for new projects in Russia. Statement condemning the Russian invasion of Ukraine. (Five offices in Russia; one in Belarus. Ammonia production factory joint venture with JSC KuibyshevAzot. One of the partners in a Novatek contract for the Arctic LNG 2 export project). Despite publicly announcing the suspension of any new projects in Russia after the invasion of Ukraine in February 2022, Linde diligently fulfilled its contracts for the "Arctic LNG 2." In particular, Linde shipped at least three batches of equipment to Russia, including one registered with the Russian customs on June 1, 2022. A court in Russia confiscated the assets of the German company Linde GmbH, which refused to build a gas processing complex for Gazprom in Ust-Luga and supply high-tech equipment due to EU sanctions against Russia. 04.2024: UNITED RESOURCES PTO LLC becomes the new founder of the organization. The entry about the founders EISENVERK WEILBACH GMBH and LINDE MATERIAL HANDLING GMBH was removed from the Unified State Register of Legal Entities. 8 more legal entities left.

Wind down Russian business in 2022

The shareholders of the Duracell battery manufacturer have decided to withdraw from the Russian market. Before exiting the Russian market, the company will sell off the remaining stock of goods and settle with employees. Exported goods to Russia at least till Feb-2023 - https://squeezingputin.com/support.html Duracell will return to Russia under a new name. Sales of Opticell batteries have begun in Russia. The brand should occupy the niche of the departed Duracell and Energizer. In August 2023, it was reported that Opticell is a subsidiary of Duracell, but the Ministry of Industry and Trade denied this information, stating that the brands are not related in any way. At the same time, Impulse LLC (owns the Opticell brand) is headed by Yuri Korotaev, who headed Duracell Russia till August 08, 2023. But main legal entity LLC "DURACELL RUSSIA" (tax id 7743101227) continues to operate in Russia, eventhough its revenue dropped more than 2x times in 2023 vs 2022.

Received revenues in Russia in 2021, there is no any official announcement. Fletcher Hotels left Russia.

Suspended operations at Russian plant. Russian carmaker Avtovaz has completed the acquisition of RN Bank, a joint venture between Italian lender UniCredit and the Renault-Nissan-Mitsubishi Alliance. The buyer of the leasing subsidiary of Mitsubishi became ExpoCapital, a fund owned by Kim and his partners (LLC "ExpoCapital"). Significantly (more than 10x! times) decreased revenue in 2023 vs 2022.

Operations in Russia have become increasingly challenging, including supply chain disruptions and sanctions, and we are suspending operations in our Russian manufacturing facilities. The President of Russia, Vladimir Putin, signed an order for LLC "PSK — New Solutions" to purchase the Russian assets of the American company Caterpillar. The former Russian assets of the American machine-building company Caterpillar were transferred to a company owned by the Armenian investment fund Balchug Capital. Russian President Vladimir Putin approved the purchase of Caterpillar assets by a company called PSK-New Solutions in November 2023. Putin's decree and the Russian company's documents do not disclose the terms of the deal. Putin's decree states that PSK-New Solutions can buy 100% of the authorized capital of Caterpillar Tosno and Caterpillar Financial in response to Western sanctions. 06.2024: PSK - NEW SOLUTIONS LLC becomes the new founder of the organization Caterpillar Financial LLC. The entry about the founders of “CATERPILLAR INTERNATIONAL SERVICES CORPORATION” and “CATERPILLAR FINANCIAL SERVICES CORPORATION” has been removed from the Unified State Register of Legal Entities. 06/25/2024: The full name was changed from CATERPILLAR FINANCIAL LLC to FINANCIAL LLC. 06.2024: PSK - NEW SOLUTIONS LLC becomes the new founder of the organization LLC "Caterpillar Tosno". The entry about the founders of CATERPILLAR INC. CORPORATION and CATERPILLAR OVERSEAS S.A.R.L. LLC has been removed from the Unified State Register of Legal Entities. The Insider found out that in the first 3 months of 2024, more than $24 million worth of equipment and spare parts produced by the American corporation Caterpillar arrived in Russia. Among them: industrial engines, spare parts for tracked loaders, bearings for road construction equipment, electric generators for Caterpillar equipment, pumps and their parts, gears and much more. Judging by the product descriptions, we are talking about new parts and assemblies. 07.2024: The entry about the founder of PSK - NEW SOLUTIONS LLC has been removed from the Unified State Register of Legal Entities. INVESTMENT SOLUTIONS LLC becomes the new founder of Caterpillar Financial LLC and Caterpillar Tosno LLC. 04.07.2024: The name has been changed from CATERPILLAR TOSNO LLC to TOSNO LLC.

Stopped sale of new machines to Russia and Belarus (AGCO has a sales, administration, distribution, and assembly presence in Russia. Sales in Russia and Ukraine combined was <2%). Partial sale - one of the local companies, "AGCO MACHINERY" LLC, changed its owner (OPTITEK DISTRIBUTION HOLDING B.V. becomes the new founder of the organization).

Stop exports to Russia. Finnish Orion Pharma has started the liquidation of its Russian office - it is planned to be closed by the end of 2022. Divested the rights of some of its self-care brands in Russia. Finnish drug manufacturer Orion Pharma is suffering critical losses after leaving the Russian market. The exit itself was not complete because there were no changes in the ownership structure. Also, according to preliminary data, the company's management expects to return to the Russian market in the near future.

Iveco to leave Russia, to transfer stake in truck JV to local partner.

Acino's parent company, headquartered in Zurich, Switzerland, sold an asset in the Russian Federation in 2023 and no longer does business in that country. But Acino doesn't appear to have totally left Russia, they seem to have transferred the shares to a related companies in the UAE. The parent company of ACINO is ADQ based in UAE. Acino in Switzerland has made no official announcement that they left Russia.

Winding down operations in Russia; terminating shareholder syndicate agreements with Deripaska. MKAO Rasperia Trading Limited, a Strabag STRV.VIshareholder formerly controlled by Russian businessman Oleg Deripaska, was sold to Russian company Iliadis JSC, the Austrian construction firm. Raiffeisen abandoned the deal with Deripaska after US pressure.

Suspended operations and new investment in Russia, suspended dividend payments from Rusvinyl (an independent 50:50 joint venture in Russia). Ayear after Russia’s invasion of Ukraine, Solvay has inked a deal to sell its 50% interest in the RusVinyl polyvinyl chloride joint venture to its partner for $450 million.

Exit Russia completely

Warimpex Finanz- und Beteiligungs has sold its last remaining project in Russia, the Airportcity St. Petersburg, and is therefore no longer active in the Russian market.

The company is aiming to sell its assets in Russia within the first half of this year, CEO Ray Scott said, adding that legal issues and other complexities have made the process slow moving.

Suspended Russian exports. At the end of the first quarter 2024, the household appliances brand Hansa (belonging to the Polish group of companies Amica) handed over its Russian office to the household appliances distributor OOO Hyper.

17.05.2022: The full name has been changed with Limited Liability Company Luxoft Proffesional for LLC IBS Infinisoft, 20.04.2022: IBS IT Service Joint -Stock Company becomes a new founder of the organizational liability unit "Information Business". In 2022, Integriti Solutions LLC, which is almost 100% owned by Luxoft Global Operations GmbH, based in Switzerland, increased its revenue by 97% to 3.5 billion rubles. Back in March 2022, Luxoft announced that it condemned Russia's actions, supported Ukraine, and decided to withdraw from the Russian market. Against this background, Luxoft transferred part of its Russian programmers to other countries, and also sold part of its Russian assets: in particular, LLC "Luxoft Professional" and ANO "Uchebny Tsentr Luxoft" were transferred to the structures of the IBS group. As of April 2023, the founder of "Integrity Solutions" remains the same, and there is no mention of plans to liquidate the company in the explanations to its financial statements. 05.2024: Key legal entity LLC "Luxoft Professional" (in 2022 renamed to LLC "IBS INFINISOFT") was liquidated on May 27, 2024.

Made the decision to withdraw from Russia and, having already paused new sales, is initiating a plan to stop production and business activities. Corteva is concluding its plan to stop production and business activities in Russia, and because we have enough sunflower production capacity in Europe for the European market, we no longer need the additional production capacity at the Woodland location.

Stopped delivering appliances and later terminated business activities in Russia.

Received revenues in Russia in 2021-2022. Officilally announced that "Embracer does not have any direct consumer sales in Ukraine, Russia, or Belarus. Consumer sales are made through third-parties which has historically represented approximately 1% of our global net sales." Embracer’s $247 million sale of Saber Interactive detailed: divested studios, games, and exit from Russia.

Scaling down operations in Russia. Silver Wohu, Head of Marketing and Communications at SEB Estonia, said that the group is expanding its business in Russia, and the plan is to fully consolidate its business in Russia.

Suspend new investments and clinical trials. The American pharmaceutical company Eli Lilly has decided to leave Russia and transfer its business to its partner in Central and Eastern Europe — the Swiss-registered distributor Swixx Biopharma. The company will hand over business in the country to Swixx BioPharma. Through it, Eli Lilly will continue to supply drugs to Russia. The American Eli Lilly has banned the supply of Humalog insulin to Russia.

Received revenues in Russia in 2021-2023. One of the largest agencies for analyzing the consumer electronics markets, GfK, part of NielsenIQ, is selling the Russian LLC GFK-Rus to local management.

Was selling online. Fischer restricted its business in Russia. 07.03.2024: The legal entity FISCHER SPORTS RETAIL LLC (tax id 7716885692) was liquidated, but the main legal entity FISCHER LLC (personal identification number 7716588925) continues to work.

Received revenues in Russia in 2021, there is no any official announcement. BDO announced about ceasing to hold office as auditor of JKX Oil & Gas Limited as "The Company’s significant operations relate to producing oil and gas fields in Ukraine and Russia undertaken through subsidiaries in those countries." Disposing of all its Russian assets. Russia declares UK player ‘extremists’ and confiscates gas assets. British oil and gas company JKX Oil & Gas Group (JKX) announced that it has filed claims against the Russian Federation regarding the initiation of a lawsuit due to the loss of assets and investments.

Received revenues in Russia in 2021. The company is actively engaged in helping the affected Ukrainians, and has already allocated more than 50 million hryvnias to finance charitable and humanitarian projects.

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.

Stop shipments to Russia; maintained services. During the second quarter of 2022, Eaton decided to exit business operations in Russia in light of the ongoing war with Ukraine.

Withdraw from Russia completely

Divest Russian operations.

Suspension of any investments on the Russian market. Suspension of operations of subsidiaries in Russia APS Traction and APS Invest. APS ENERGIA S.A.: Signing the Term sheet for the sale of the company Zależnej OOO APS Energia Rus.

ASICS ceased all commercial operations in Russia after the invasion began and has since exited the Russian market.

Halt sales (170 locations). H&M is selling its business in Russia. The brand's stores were temporarily open to sell off leftovers. The main legal entity of the Swedish retailer H&M has started the process of liquidation of its Russian branch. Swedish clothing chain H&M has announced that it has no plans to return to Russia. The company left the country's market in 2022 amid a "special operation".

Signed aggreement to divest all Russian operations. Purmo Group, a global leader in indoor climate comfort solutions, has sold its Russian operations, ending all business in Russia. In 2023, Purmo's Russian business represented nearly 3% of its total net sales.

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.

Winding down of business activities in Russia in response to Russia's invasion of Ukraine, including write-off and relocation-related expenses of impacted associates.

Received revenues in Russia in 2021, there is no any official announcement. 07.2023: The authorized capital was increased from 101,566,029 ₽ to 120,000,000 ₽. Myasnikov Dmitry Georgievich and Pfaifer Evgeny Georgievich become the new founders of the organization. Linhardt Gruppe left 45% of shares.

All new types of business in Russia have been suspended. German energy holding Siemens Energy has started restructuring its business activities in Russia and intends to complete the exit from assets in Russia at the end of the current fiscal year. But it is possible to continue servicing the equipment for "Nordic Stream-1". 14.10.2022: Siemens Energy sells Russia-based gas turbine JV to local state firm. Systems LLC (formerly Siemens LLC, the Russian structure of Siemens AG) plans to initiate a voluntary liquidation procedure in February 2024 due to the inability to continue its normal activities related to the import of goods into the Russian Federation, according to the company’s report on the results of 2023. In October 2022, PJSC Inter RAO announced the purchase of Siemens Energy's 65% stake in a joint venture with Power Machines - STGT LLC. Also, RAO Intertech B.V. (Dutch structure of Inter RAO) became the owner of the Voronezh Siemens Energy plant - Voronezh Transformer LLC (formerly Siemens Energy Transformers LLC).

Stop purchases of Russian crude

Reached the deal on selling the 100% of its Russian subsidiary, Intracom SVYAZ LLC, on September 5th 2022

Received revenues in Russia in 2021-2022, there is no any official announcement. According to information provided to KSE, once Hatch had a few hundred staff operating in two offices in Russia before the Ukrainian invasion, the company is now down to a single remaining Russia-based staff person. Office in St. Petersburg has been permanently closed and office in Moscow is in place only until company is able to close out its accounts in the country. Company continue to have monies that remain owing to Russian entity from other Russian companies who are now former clients. No intention of re-establishing ourselves in Russia.

Morgan Stanley Real Estate Fund VII, which is managed by the American company Morgan Stanley, intends to sell 50% of the shopping and entertainment center "Gallery". "Gallery" is Morgan Stanley's latest asset in the real estate sector in Russia.

Closed office and warehouse facility in Moscow and no longer do business in Russia.

Avaya leaves Russia and dismisses all personnel.

Hitachi suspends business operations in Russia. 28.11.2023: One of the two legal entities (ONETEK HTS LOGISTICS (RUS)) was liquidated.

Omron fully wind down business in Russia.

Mirland Development, founded by the Israeli Fishman Group, can transfer part of its last Russian assets with a total value of 5–6 billion rubles. third party company. The Federal Antimonopoly Service (FAS) reported that it had received applications for the acquisition of LLC "Autoprioritet", LLC "Kreativkom" and LLC "Petra-8", without naming the applicant. Israeli Mirland Development, which began operating in Russia more than 20 years ago, has found a new owner for the Yaroslavsky Vernisazh shopping center (65 thousand square meters). The property, the cost of which could reach 5 billion rubles, is called the developer's last asset in Russia on the market. The new owner may try to get part of the funds back through legal proceedings: since spring, Yaroslavsky Vernisazh has been trying to recover 2.5 billion rubles from a Cypriot company.

Promised to stop production. Gestamp have several plants in Russia which are still operating on daily business but scaled back volumes. Significantly reduced revenue in 2023 vs 2022. Partial sale: 29.01.2025: JSC POLAD becomes the new founder of the organization LLC "GESTAMP TOGLIATTI". The entry about the founder of JSC GESTAMP SERVICIOS SA has been removed from the Unified State Register of Legal Entities.

Temporarily suspending shipping to Russia. Humanitarian donations.

In March 2022, Swarovski suspended its Russian business. CEO Alexis Nasard is now announcing a full exit - "in accordance with current sanctions and trade restrictions". Outside of Swarovski's vision of Russia, about how it was voiced in every other turn, already completed, remind Nasard.

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.

Washington Post alleges that Baker Tilly is funding Putin's efforts. No further evidence is given besides the mention of the firm.

Suspended bookings to and from Russia. CMA CGM agreed to exchange its 25% stake in Russia’s Yanino Logistics Park and Moby Dik ocean terminal for an additional 25% stake in Finnish terminal operator Multi Link Terminal. CMA CGM Completes Russia Exit: French-based shipping group CMA CGM has completed its withdrawal from the Russian market by divesting stakes in terminals through an asset swap, the company said. But local company "CMA SIGEEM RUS" stil has foreign ownership.

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.

Exit Russia completely

Received revenues in Russia in 2021, there is no any official announcement. Schunk Group pulled out of Russia while company with similar name (SCHUNK GmbH & Co. KG) continued to cooperate with the Russian Federation.

Allianz to sell majority stake in Russian operations to Interholding. Allianz deal to sell Russia operations initially faced delay due to regulator. German insurers Allianz and Munich Re have renewed cover for the damaged Russia-controlled Nord Stream 1 gas pipeline. Allianz has closed a deal for the sale of a controlling stake in its Russian subsidiary Alliance to Interholding, which owns Zetta Insurance. The company fully transfers control over its Russian portfolio to the Zetta Strahovanie group and ceases participation in the operational activities of the business, reports the press service of Allianz in Russia.

Received revenues in Russia in 2021 which dropped x3 times in 2022. The management of the ASK Chemicals Group has decided that all companies of the Group are withdrawing from business with Russia and Belarus.

“Coping with the consequences of pandemic, followed by the war in Ukraine and our exit from Russia, our organisation has focused on improving commercial and operational excellence."

The company suspended all shipments to customers in both Russia and Belarus. There are no statements about suspension of the local offices. Supply channels to Russia have remained open despite Western export restrictions and manufacturer bans. The Russians continue to create combat drones using technologies from Intel, Raspberry, and other Western companies. According to the Yermak-McFaul group, the Kh-101 air-launched cruise missiles contain at least 53 types of ECUs (microcircuits, chips, etc.) produced by foreign companies. In particular, components from companies such as STMicroelectronics (Switzerland), Vicor (USA), XILINX (USA), Intel Corporation (USA), Texas Instruments (USA), ZILOG (USA), Maxim Integrated (USA) and Cypress Semiconductor (USA). Intel Corporation has sold its Nizhny Novgorod office - the largest in Russia.

Received revenues in Russia in 2021-2022, there is no any official announcement. Ceased to receive income in Russia in 2023.

Shut down business in Russia. The Russian subsidiary of the American HP Inc. — LLC "HP Inc." — has initiated the liquidation process, according to data from Fedresurs. The HP company left the Russian market early: the operational activities of the Hewlett-Packard (HP) company in the Russian Federation were terminated early, although this was supposed to happen in May. The support service and services for customers stopped working regularly. The Russian site with a redirect to Kazakh is also disabled. The last deliveries to customers in the Russian Federation were in February 2024. In parallel with this, the liquidation of the company's Russian representative office - HPI Inc. LLC took place. But another legal entity, LLC "HEWLETT PACKARD ENTERPRISE" (tax id 7743098542) continues to work.

Planning exit of business in Russia due to invasion of Ukraine, however will provide support to maintain networks. Had previously suspended deliveries (to comply with sanctions) and stopped new business and started removing R&D. Statement condemning Russian invasion of Ukraine. Pledge of over $1.3M UNICEF for humanitarian work in Ukraine. Nokia Solutions and Networks LLC, a Russian subsidiary of the Finnish Nokia Solutions and Networks, received large compensation from one of the related parties in 2023 amid the winding down of its activities in Russia. This follows from the explanations to the financial statements of Nokia Solutions and Networks, published in the Federal Tax Service database at the beginning of April 2024. On May 29, 2024 a decree was issued that allows Rostelecom's subsidiary to buy 49% of Nokia's shares - buyout approved.

Stopped all business in Russia

Put out a statement expressing deep sympathy with Ukraine, and suspended a partnership with Ukrainian Railways (UZ). Reviewing its stake in TMH, a Russian rolling stock manufacturer. France's Alstom (ALSO.PA) is set to sell its 20% stake in Transmashholding (TMH) back to the Russian railcar manufacturer by the end of the year 2023.

Analyzing customs data, The Insider found out that in 2023, $38 million worth of spectrum analyzers and generators from the American Keysight, German Rohde & Schwarz and Swiss AnaPico were imported to Russia, and $12 million worth in 2024. The average price of one device is about $43 thousand. In 2023, the leader in purchasing analyzers and generators from Keysight, Rohde & Schwarz and AnaPico was JSC Scientific and Production Firm Dipol. It was followed by Scientific Instruments and Systems LLC, Gradient LLC, Mikropribor LLC, and Infostera LLC in terms of purchase volume of this equipment. In 2023, the subsidiary of the Swiss company, Anapico Rus LLC, also continued to trade in the products of its parent company AnaPico. In 2024, the leaders in purchasing Keysight, Rohde & Schwarz and AnaPico products, according to customs data, changed. RM-Invest LLC came out on top. The remaining purchases were mainly made through Kazan Radio Measuring Equipment Plant LLC, Special Equipment LLC, Sunrise LLC, Gaan Corporation LLC, and Alfa Instruments LLC. But of those mentioned, only AnaPico AG has stopped exporting to Russia." The legal entity of the company has been in liquidation since February 7, 2024.

Italian transport caterer Autogrill is selling its operations in Russia

Stopped on business, initiated divestment process.

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.

Terminate operations in Russia

Stop all deliveries to Russia and Belarus

Halts orders from Russia & Belarus