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 CompletedJRC/Alphatron Marine proudly announced before Russian Maritime Register of Shipping certification for a wide range of JRC products.
Japan's largest shipping company, Mitsui OSK, President and CEO Takeshi Hashimoto said that Japan had no choice but to continue buying Russian liquefied natural gas (LNG). The EU blacklist includes three tankers of a Japanese company that transported gas from the Arctic LNG project; the 17th package of EU sanctions announced earlier this month includes three ships of Japan's leading LNG tanker operator Mitsui OSK Lines. In what appears to be a first, the European Union has delisted three previously sanctioned Mitsui O.S.K. Lines (MOL) LNG carriers. The move comes as part of the EU’s 18th package of economic sanctions against Russia, which imposed measures against 105 additional shadow fleet vessels.