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 CompletedAtlantic Grupa is a Croatian multinational FMCG company engaged in the production, development, sales and distribution of food, beverages, snacks, coffee, dietary supplements and consumer health products. The company’s 2024 consolidated financial statements state that the Group’s activities include production and distribution of fast-moving consumer goods in Southeast Europe, European markets, and Russia and CIS, and that the Group has its own distribution network in Croatia, Slovenia, Serbia, Austria, North Macedonia and Russia. The report also identifies Russia as one of the six largest markets covered by the company’s distribution business and refers to DU Russia as part of the Group’s segment structure. Russia and CIS countries accounted for EUR 14.154 million in sales in 2024. The Group’s subsidiary list includes o.o.o. Atlantic Brands, Russia, owned 100% by the Group. Russian registry data confirms the existence of ООО “АТЛАНТИК БРЕНДС” / Atlantic Brands LLC, INN 7709191580, OGRN 1027739170800, registered in Moscow and active as of 2026. Available Russian financial data indicates that the entity generated RUB 1.49 billion in revenue and RUB 160.6 million in profit in 2024, confirming ongoing business activity in Russia.