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, there is no any official announcement
Dubai's DP World temporarily halts Ukraine operations, reviews business in Russia. DP World, one of the world's largest operators in the field of container transportation, signed an agreement with Rosatom on the development of the Northern Sea RouteCD2537. Increased revenue in 2022 vs 2021. NACP included one of the world's largest port operators DP World (Dubai Port World) in the list of international sponsors of the war. Ministers are facing calls to review the UK’s financial ties to the multinational logistics company DP World over its business deals in Russia. Revenue increased in 2024 vs 2023 by more than +30%.
Received revenues in Russia in 2021-2024, there is no any official announcement. 23.05.2023: One of the three legal entities (CENTER SUNRISE) was liquidated. Revenue increased in 2024 vs 2023 by more than +30%.
Received revenues in Russia in 2021, there is no any official announcement
Received revenues in Russia in 2021 and increased it in 2022, there is no any official announcement. Revenue increased in 2024 vs 2023 by more than +30%.
Received revenues in Russia in 2021, there is no any official announcement
Damen halts delivery of newbuilds to Russia. The Netherlands’ largest shipbuilder is suing the Dutch government for losses inflicted on its business by sanctions against Russia, a rare instance of a European company taking its grievances to court over the corporate fallout from the invasion of Ukraine. “Before the sanctions, Damen had signed contracts with Russian ship buyers, and after the invasion of Ukraine the Dutch government decided that such contracts may not be honored by the Dutch business community.” Through intermediaries in Turkey and Hong Kong, Russia reportedly bypassed the sanctions to source parts for Damen’s crab-fishing vessels. Import data suggests that at least some of these components originated from Damen or were sourced through its supply chain. The Dutch Attorney General's Office will prosecute the Dutch shipbuilding company Damen Shipyards, among the charges is violation of sanctions against Russia. Revenue increased in 2024 vs 2023 by more than +100%.
Lotte on edge over plants in Russia: Korean food companies that operate plants in Russia have been closely watching Moscow's war against Ukraine and subsequent US-led international sanctions, as they fear a prolonged military conflict could negatively affect their business there
Received revenues in Russia in 2021, there is no any official announcement
Do business with Russia, it is stated in the company description, but say they have low exposure to russia.
Journalistic investigation proves French retailer supports Russian war effort.
Identified by YouControl as one of TOP companies with foreign shareholders which have been registered in Russia after the invasion to Ukraine was started. The Russian Direct Investment Fund (RDIF, Russia’s sovereign wealth fund), Bahrain’s Mumtalakat Holding Company (Mumtalakat, sovereign wealth fund of the Kingdom of Bahrain) and Binnopharm Group (а subsidiary of Sistema PJSFC, a publicly traded Russian investment company) on June 3, 2021 signed a Memorandum of Understanding (MoU) to establish a new vaccine production facility in the Kingdom of Bahrain to manufacture and distribute the Russian Sputnik V coronavirus vaccine across the MENA region.
Identified by YouControl as one of TOP companies with foreign shareholders which have been registered in Russia after the invasion to Ukraine was started.
Identified by YouControl as one of TOP companies with foreign shareholders which have been registered in Russia after the invasion to Ukraine was started.
The National Agency for the Prevention of Corruption (NACP) has included the Indian company CK Birla Group in the list of international war sponsors. The reason was that CK Birla Group and its subsidiary National Engineering Industries Limited (NEI) (NBC Bearings brand) are helping the Russian military industry to replace critical European and American parts for military equipment, namely bearings.
Identified by YouControl as one of TOP companies with foreign shareholders which have been registered in Russia after the invasion to Ukraine was started.
Identified by YouControl as one of TOP companies with foreign shareholders which have been registered in Russia after the invasion to Ukraine was started.
The US has imposed export restrictions on 37 companies, nearly 30 of them Chinese, for activities that include aiding the Russian military and supporting China's PLA. The restrictions affected divisions of the Chinese genetics company BGI and the Chinese cloud computing company Inspur.
Invested in Russian energy groups Gazprom, Rosneft and Lukoil between Feb. 22 and March 22 2022
Two sanctioned Russian oligarchs have become co-owners of Britain's biggest oil producer after it completed a deal to buy the German company. LetterOne, an investment company partly owned by oligarchs Mykhailo Fridman and Petr Aven, now owns almost 15% of Harbor Energy. Harbor Energy is the largest producer of oil and gas in UK waters. It bought most of the oil and gas assets of the German firm Wintershall DEA from the chemical giant BASF. LetterOne co-owned Wintershall and the shares were exchanged for Harbor Energy shares. Luxembourg firm LetterOne freezes $300 Million dividends after EU and UK sanctions on Russian billionaires.
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.
Vietnam’s Masan Group has strengthened its partnership with Russian retail giant Magnit Group by launching a shopping space dedicated to Vietnamese products at its flagship Magnit Extra hypermarket in Moscow.
Identified by YouControl as one of TOP companies with foreign shareholders which have been registered in Russia after the invasion to Ukraine was started.
North Korean company Naegohyang has filed an application to register its trademark in Russia. The corresponding information has appeared in the Rospatent database.
Identified by YouControl as one of TOP companies with foreign shareholders which have been registered in Russia after the invasion to Ukraine was started.
Identified by YouControl as one of TOP companies with foreign shareholders which have been registered in Russia after the invasion to Ukraine was started.
The company Sentro Group acquired a controlling stake in the Russian bank "Mir Privilege". Sentro Group bought 50.001% of the bank's shares, the transaction amount is not disclosed.
No public action found. (No manufacturing, sales and service facilities in Russia. Arctic Cat sales in Russia.)
Identified by YouControl as one of TOP companies with foreign shareholders which have been registered in Russia after the invasion to Ukraine was started.
The Chinese conglomerate Wuchan Zhongda Group, which is also involved in international trade, has launched an investigation due to the disappearance of a large batch of copper purchased in Russia. The conglomerate bought 2 thousand tons of refined copper (worth about $20 million) from the Russian Regional Metallurgical Company late last year, the goods were to be sold to a local trader for onward delivery to China. However, in the end, the cargo arrived in Turkey and in practice turned out to be much cheaper granite, sources said.
The Chinese conglomerate Xiamen C&D and the Russian Norilsk Nickel are negotiating the creation of a full-scale enterprise in China from the processing of Norilsk Nickel copper ore into metal.
Identified by YouControl as one of TOP companies with foreign shareholders which have been registered in Russia after the invasion to Ukraine was started.