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
A&D products are available for order throughout Russia
Received revenues in Russia in 2021, there is no any official announcement
Ferrotec products were supplied to Russian defense companies, including Epiel, Mikron, Vimpel, and others. In April, some of these contracts were terminated and deliveries were placed under constant monitoring.
Received revenues in Russia in 2021, there is no any official announcement
Japanese precision machinery from Tsugami is imported into Russia through China. Japanese authorities have investigated the supply of high-precision equipment to the Russian defense industry and have identified large-scale violations of sanctions. This was announced by the presidential commissioner for sanctions policy Vladislav Vlasyuk. According to Vlasyuk, the Japanese Ministry of Economy and Industry (METI) has confirmed the disappearance of more than 300 Tsugami machines after they were sold to seven Chinese companies. Some of them - about 30 machines - have already been found in Russia. Japan has ordered Tsugami to terminate contracts with intermediaries. The company will stop supporting machines that have already been sold in Russia, and will also stop cooperating with other suspicious Chinese partners.