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
Business as usual, discusses sale of assets " for the benefit of ... shareholders". Eurasia Mining PLC (AIM:EUA) has said it continues to work towards selling its Russian assets although, at no present, there is no guarantee that the company will enter into any binding agreements regarding the sale of these assets.
Identified by YouControl as one of TOP companies with foreign shareholders which have been registered in Russia after the invasion to Ukraine was started.INTERNATIONAL LIMITED LIABILITY COMPANY “CENTROFERVE LIMITED” has a statutory capital of 1.95 billion rubles. Its shareholder was the British company NORD GOLD PLC, which is included in the sanctions lists of the United States, the United Kingdom and Ukraine. Its beneficiaries are the sanctioned Russian billionaire Alexey Mordashov and his wife Marina.
Russian Gold Miner Petropavlovsk Files for Administration in London
De Beers said it had removed Russia from its third-party sourcing list after the Ukraine war started in February 2022, and was adamant that it no longer sourced any Russian diamonds.