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
Exit Completed
No official statement
Still doing business in Russia
No official statement
Maintaining operation of joint venture with the largest Russian manufacturer (Ilim Group) of pulp and paper. Exploring options including potential sale of the 50% stake.
No official statement
Takes part in Sakhalin 2 LNG project, join new Sakhalin-2 Russian operator
No official statement
Temporarily paused operations in Russia but still operating in Russia; not disclosed publicly (factory in Krasnodar)
Still operating in Russia
No action taken; still operating in Russia
No official statement
In process of separating from Avito and fully exit Russia. As of the end of August no action taken on separating from Avito and fully exit Russia
The company made a statement about humanitarian support of Ukraine. There are no statements about the Russian business.
No public statement found. (Lamoda is the leading online fashion retailer in Russia)
Still operating in Russia
Currently able to maintain business in parts of Ukraine and in Russia, at least to a limited extent. But the more likely scenario for Zeppelin is that we will be forced to exit. The company generates around 20% of its €3.7 billion annual sales in Russia and Ukraine.
Planning to expand in Russian market. (Manufacturing in Naberezhnye Chelny for refrigerators, washing machines and televisions. Plans to open two new plants in 2022.)
Teva in Russia is working in its standard operating mode
Work has been initiated to exit the Russian market
Temporarily resuming the production of passenger tyres for the local market at our tyre plant in Kaluga if necessary. On August 1, the Continental plant producing automobile tires started working again in Kaluga
Works, places recruitment ads
No official statement
Continuing to supply social selling representatives in Russia. Suspending Russian Avon exports. Continuing Russian manufacturing operations, which primarily produce cosmetics for the local market. (Fragrance portfolio is currently produced in Russia.)
Continuing operations within sanctions compliance & shares in Sakhalin-2 project
Still operating in Russia through subsidiaries
(Office in Russia)
No official statement
No official statement
The company decided to continue doing business in Russia, citing the lack of bans from France and the EU.
Still operating in Russia
No official statement
Still working with dealers in Russia
Still operating plant in Russia
No official statement
Reported to suspend operations in Russia but in July 2022, Xiaomi and its sub-brand POCO combined accounted for 42% of the Russian smartphone market, ranking first in terms of sales volume.
Chery is ready to organize the release of its cars in Russia. The Chinese car concern can start assembly at another Sollers plant or buy out the assembly facilities
No news on RF at all, RF website not working
No official statement
No official statement
Still operating in Russia. UniCredit is considering leaving the Russian Federation, but with the possibility of returning after the war - Bloomberg
No official statement
Still operating in Russia
Still operating in Russia
No official statement
No official statement
Still operating in Russia; not disclosed publicly
Hyousung sponsored a market forum 2022 in Moscow Palace
Still operating in Russia
The unprecedented situation leads RBI to consider its position in Russia. We are therefore assessing all strategic options for the future of Raiffeisenbank Russia, up to and including a carefully managed exit from Raiffeisenbank in Russia. RBI and its subsidiary banks continue to operate in compliance with local and international sanction laws.
Still operating and actively advertising in Russia
Russian website works
Continues serving patients
No official statement
Still operating in Russia
No official statement
Continue to supply patients, not for fianacial reasons
No information about operations with Russia
No official statement
No official statement
Still operating in Russia
Lesaffre continues its activities. On April 28, 2022, a webinar on how to bake bread will take place in Moscow.
No official statement
Still operating and actively hiring in Russia
No information about operations with Russia
No official statement
Continues cooperation and fulfillment of its obligations
No official statement
Still operating in Russia
Metabowerke continues operations in Russia
No official statement
No news, no update at russian website since 2017
Erismann's offices continue to operate in Moscow, Samara, Novosibirsk, St. Petersburg, Rostov-on-Don and Yekaterinburg
No official statement
No official statement
The company works on the Russian market
No official statement
There are no orders to change the status in Russia
Announced exit, transferred ownership of Russian business to local management, but stores are open. 10.06.2022: Kovalenko Rostislav Petrovich becomes the new founder of the organization, Milehina Natalya Yuryevna becomes the new founder of the organization, Aleksey Vladimirovich Shumov becomes the new founder of the organization, Olga Faritovna Sabirova becomes the new founder of the organization. The record about the founder COMPANY "L'OССITAN INTERNATIONAL S.A." was deleted from the register BUT stores are open and company still continue selling its goods
No official statement
No official statement
No official statement
A&D products are available for order throughout Russia
No official statement
No official statement
No official statement
Continue operating plant in Russia
No official statement
No official statement
No official statement
Still operating and advertising in Russia
No official statement
No official statement
Continues operations and advertising in Russia (import and sales of musical instruments and audio equipment to Russia)
No official statement
Maintains stores in Russia and supply cosmetics in different countries, including Ukraine and Latvia
The French regulator has said Eutelsat must cut ties with NTV Mir. It is claimed Russia was Eutelsat's second biggest client last year. Reporters Without Borders (RSF) has asked France’s broadcasting regulator, ARCOM, to order French TV satellite operator Eutelsat to stop carrying three Russian TV channels that are spearheads of the Kremlin’s war propaganda
Leroy Merlin will continue to work in the Russian Federation and is ready to expand supplies and range. (112 stores in Russia.)