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
The Russian taxi order aggregator "Yandex.Taksy" took a small batch of 12 Iranian sedans Iran Khodro Tara into trial operation.
SAIPA, the second-largest carmaker in Iran after Iran Khodro, said it will send 45,000 vehicles to Russia and Belarus within three years. The contract is worth 450 million euros ($497 million). SAIPA Automotive Group inked a contract in 2022 with Russia’s Best Motors Company and Lucky Currency Company of Belarus for exporting its products. Currently, the process of receiving the necessary export license is in the final stages. As soon as the relevant documents are received, SAIPA Company will embark on exporting its products to the target markets in Russia and Belarus.