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 CompletedReceived revenues in Russia in 2021-2024, there is no any official announcement. Revenue increased in 2024 vs 2023 by more than +30%.
The issue of the admission of the Russian Chess Federation (RCF) to the Asian Chess Federation was central to the next continental assembly of the ACF in Abu Dhabi. As a result, the overwhelming majority of delegates — 29 — spoke in favor of the RCF joining it
ATP fines Lawn Tennis Association for banning Russian, Belarusian players.
Bahrain Export Company signed a Memorandum of Understanding (MoU) with Russian Export Center JSC on the sidelines of the 28th St. Petersburg International Economic Forum 2025 (SPIEF), in which the Kingdom of Bahrain is participating as a guest of honor from June 18 to 21. The memorandum outlines priority areas of cooperation, including support for export projects to expand the presence of goods and services in both countries, as well as the exchange of information and experience related to the business environment, regulation and investment opportunities.
Russia uses the International Committee of the Red Cross (ICRC) as a tool to legitimize its occupation of Ukraine and promote propaganda regarding alleged human rights violations in our country. Through interaction with the International Committee of the Red Cross, Russian officials are trying to legitimize the occupation of Ukraine and promote narratives about alleged human rights violations in our country. The ICRC functions as a Kremlin propaganda tool in occupied Ukraine.
The International Red Cross Movement has decided not to suspend membership of the Russian Red Cross despite potential violations of neutrality rules revealed by the investigation. An investigation published last month by a group of news outlets, including the Guardian, was based in part on a series of leaked Kremlin documents that revealed plans to fund Red Cross branches in the occupied territory of Ukraine. It also became known that heads of regional Red Cross branches spoke of the need for war against Ukrainian Nazis", and uniformed Red Cross workers often visited military schools for children. At the beginning of this year, the Russian Red Cross signed a memorandum of cooperation with the Artek youth camp in the annexed Crimea, where some of the children deported from Ukraine were sent. The head of "Artek" Kostyantyn Fedorenko came under US and EU sanctions.
Statement condemning Russian invasion of Ukraine (No Russian members expelled)
The Madras Diabetes Research Foundation (MDRF), a Global Leader in Diabetes Research, has entered into a strategic research collaboration with the Almazov National Medical Research Centre, based in Saint Petersburg, Russia. This partnership marks a significant step toward advancing international research in diabetes and its related fields.
The Kremlin-connected Russians employed by Europe's Top security body. Baltic foreign ministers pull out of OSCE summit over Russia invite.
Suspended Alrosa membership (April 1st) after pressure from jewelry retailers who had left the organization due to RJC inaction. Prior to that it had just advised its members to comply with sanctions. Has not urged its members to stop doing business with Russia.
“We are delighted to announce that Russia will be competing in SAFF U17 Women’s Championship 2023…” a statement states.
Tennis Australia is standing by its position to allow Russian and Belarusian players to compete at this year's Australian Open, despite calls for them to be banned.
In 2022, UN purchases from Russia, which has a decades-long procurement relationship with the UN, totaled $256.62 million, according to the report produced by the UN Office for Project Services (Unops), compared with $282.25 million in 2021. The UN confirmed the opening of an account in a Russian bank. UN Secretary-General Antonio Guterres arrived in Kazan, Russia, on an unannounced visit on the first day of the three-day BRICS summit.
World Show event in Omsk Russia on WCF online calendar (April 16-17, 2022)
The FATF Plenary on February 24, 2023 has suspended the membership of the Russian Federation. The Ministry of Finance of Ukraine expresses concern over reports of Russia's attempts to blackmail member countries of the International Financial Action Task Force (FATF) on the eve of the FATF plenary meeting in Paris, which will take place on June 19-23. Russia is trying to exert political pressure on its commercial partners to avoid being blacklisted. In particular, Russia demands to oppose any applications of Ukraine or FATF decisions regarding its inclusion in black or gray lists. The International Anti-Money Laundering Group (FATF) did not include Russia in the "black list". The Ministry of Finance and the State Financial Monitoring Service have once again called on the Financial Action Task Force on Money Laundering (FATF) to include Russia in the "blacklist" during the plenary sessions in Paris from October 23 to 27, 2023. On October 22, 2024 the International Anti-Money Laundering Group (FATF) once again failed to include Russia in the "black" list.
Nobel Foundation reverses decision to invite Russia to prize ceremony following backlash.
In January, the Olympic Council of Asia (OCA) invited athletes from Russia and Belarus to participate in the Asian Games under a neutral flag. In the Russian Federation, the requirement for athletes to perform at competitions without national symbols was called "strange". July 2023 - Russian and Belarusian athletes will be allowed to participate in the 2023 Asian Games in Hangzhou only under a neutral flag. 500 athletes from Russia and Belarus will be admitted to the competition, but they will not be able to apply for medals. Athletes were allowed to participate in the games to give them the opportunity to qualify for the 2024 Olympic Games in Paris.