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 CompletedThe head of Russia’s state-owned atomic energy corporation Rosatom says the company is in talks with Iran to construct another nuclear power plant in the country. On the ongoing construction at the Bushehr nuclear power plant, he said that Rosatom is working very actively on the project for the plant's second and third reactor units.
Moscow and Tehran have struck a deal that would see the Islamic Republic selling 40 domestically produced gas turbines to Russia, Reza Noushadi, the CEO of Iranian Gas Engineering and Development Company.
Iran's MAPNA has delivered its first MGT-70 advanced gas turbine to Russia as part of an agreement signed in 2022 to export 40 such units.
Iran and Russia have reached certain agreements on the creation of an energy hub, negotiations on this issue are ongoing - Iranian Deputy Oil Minister and CEO of the National Iranian Gas Company.
National Iranian Oil Company (NIOC) and Russia’s Gazprom Company agreed to strengthen cooperation in relevant fields. The National Iranian Oil Company (NIOC) and Tatneft signed a $700 million contract in Tehran to develop the Zage heavy oil field in southwestern Iran.