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
The company has not issued any statements about halting sales or the closure of its business in Russia, and continues to earn money on the blood of the Ukrainian people.
The company has not made any statements about stopping sales and closing its business in Russia and continues to sponsor the war in Ukraine.
The company has not made any statements about stopping sales and closing its business in russia and continues to sponsor the war in Ukraine.
The company has not made any statements about stopping sales and closing its business in russia and continues to sponsor the war in Ukraine.
The company has not made any statements about stopping sales and closing its business in Russia and continues to sponsor the war in Ukraine.
The company has not made any statements about stopping sales and closing its business in russia and continues to sponsor the war in Ukraine.
The company has not made any statements about stopping sales and closing its business in Russia and continues to sponsor the war in Ukraine.
The company has not made any statements about stopping sales and closing its business in Russia and continues to sponsor the war in Ukraine.
The German company EKC.AG has been supplying chromium to Russia for more than a year, despite international sanctions. Since February 24, 2022, the company has denied any ties to defense enterprises and claims that Russia has its own reserves of chromium and does not need to import ore. According to Handelsblatt, from January 2023 to April 2024, EKC exported chromium to Russia for about 24 million euros, which was more than half of the total annual imports of this metal to Russia during this period.
Since the start of the war, other European buyers of Russian metals have included Germany's GGP Metal Powder (supplied for $66 million of copper). GGP Metal Powder said "there is no real alternative to our supplier from Russia".
The company has not made any statements about stopping sales and closing its business in russia and continues to sponsor the war in Ukraine.