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
Suspended new business in Russia and Belarus. Dassault Aviation, the major French aerospace and defense manufacturer known for jet fighters like the Rafale and Mirage, remains indirectly tied to Russia through its long-time board member Henri Édouard Proglio, who also serves as chairman of the audit committee. Despite Dassault officially supplying military equipment to Ukraine, Proglio owns and runs three Russian companies (Henri Proglio Consulting LLC, AP Energy Advisory LLC, Mezhproject LLC) that generated over 600 million rubles in revenue since the start of the war. He continues to travel to Moscow regularly and holds a director position at ABR Management, a firm widely understood to manage assets linked to Russian elites. This creates a potential conflict of interest between Dassault’s public stance and its indirect financial ties to Russian entities.
Temporarily paused support of airlines in Russia
PowerJet, which is registered in France, announced the termination of the contract after the entry into force of EU and US sanctions against Russia, The company stopped supplying spare parts for SaM146, maintenance and repair of engines. In February 2022, the French side stopped the supply of spare parts, technical support and repair of engines, as well as obligations as an engine developer.
Promised to suspend operations in Russia. But in 2023, 43 Lamborghinis, 30 Bentley Bentaygas, 32 Rolls-Royce Cullinans and nine Ferrari Romas were bought in Russia. Ceased to receive local income in Russia in 2023. At the same time, Rolls-Royce sales in Russia have skyrocketed by 40% in a year.