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
Freezed all business activities. According to customs data for 2024, coordinate measuring machines and parts for them manufactured by more than 70 companies were imported to Russia. The goods came mainly from China, however, even if the equipment was assembled there, we are talking about production facilities and technologies belonging to large Western corporations, the list of which is small. Half of all coordinate measuring machine exports to Russia are provided by four Western corporations: Swedish Hexagon, German Wenzel, American Automated Precision and British Renishaw.
Yubico does not directly ship keys to Russia, it has informed channel partners to immediately halt any sales of YubiKeys to Russian companies, unless they are for humanitarian efforts,