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
Received revenues in Russia in 2021-2024, there is no any official announcement. Revenue decreased in 2024 vs 2023 by more than -10%.
Received revenues in Russia in 2021-2024, there is no any official announcement. Revenue decreased in 2024 vs 2023 by more than -10%.
Continue doing business as usual. Revenue decreased in 2024 vs 2023 by more than -20%.
Received revenues in Russia in 2021-2024, there is no any official announcement. Revenue decreased in 2024 vs 2023 by more than -10%.
The company is very important to the transportation industry of Russia. Has 2 legal entities (were recently renamed to hide relations with Doppelmayr) which reduced volumes but continued import in 2022. Customs data shows that the latest deliveries were in September 2022. 06.2024: Internal transfer. The entry about the founder of ROPETRANS INTERNATIONAL GMBH was removed from the Unified State Register of Legal Entities. DOPPELMAYR INTERNATIONAL GMBH becomes the new founder of the organization. Revenue decreased in 2024 vs 2023 by more than -20%.
Received revenues in Russia in 2021-2024, there is no any official announcement. Revenue decreased in 2024 vs 2023 by more than -10%.
Received revenues in Russia in 2021-2024, there is no any official announcement. Revenue decreased in 2024 vs 2023 by more than -20%.
4 locations/legal entities in Russia. Significantly reduced business in Russia after the war was started. Bertschi is specialized in moving all kinds of chemicals safely and is very important for russians. Revenue decreased in 2024 vs 2023 by more than -20%.
Greek Avin International, whose fleet includes 35 tankers with a total capacity of 2.5 million tons, refused to transport Russian oil.
China's largest shipping company, China Cosco Shipping, refused to transport Russian oil.
Mr. Kretinsky's companies own a gas transportation business called EUStream, which transports Russian gas to Europe, but with the knowledge and permission of the European Union (EU).
Suspend services in Russia & reduce shipments to and from Russia significantly
Shortly after the invasion of Russian troops into Ukraine in February 2022, the shipping company Hellmann Worldwide Logistics informed the employees of its Moscow enterprise that it was withdrawing from Russia. Before the war, Hellmann's Moscow office helped Russian industrial firms ship tools, spare parts and equipment to Russia from the West, but after the invasion such supplies were severely restricted by international sanctions. Instead, a Russian-registered firm called Heinrich Tapp Rus (HT Rus), owned at the time by at least two former Hellmann employees, took over many of Hellmann's old customers. Hellmann Worldwide Logistics has stated that it has nothing to do with the activities of HT Rus or the people who run it.
The bus carrier Lux Express will suspend bus services between Russia and Finland starting from November 18th, 2023. Lux Express hasn't suspended bus travel between the Baltic states and Russia, only reason why Bus travel was suspended between Finland and Russia was the closure of the border from the Finnish side. Otherwise the company is resuming business as usual in Russia.
Shipping Giant MSC Delivers Russian Food While Navigating Sanctions Maze
Estonian authorities banned Operail from transporting Russian and Belarusian cargo.
Initially suspended all postal items to and from Russia and Belarus. But as of July 11, 2022 mail flows to Russia and Belarus resumed and since October 21, 2022 postal shipments from Belarus and Russia have been resumed. For commercial logistics flows not covered by Universal Postal Union rules, the previously announced suspension is still in effect.