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 CompletedPromised to suspend all further investments. Heidelberg Materials as a global company strongly condemns this war against the Ukrainian people. "We fully support all sanctions on Russia and immediately stopped all investments almost one year ago. We operate a pure local business in Russia, on a limited scale and only for local needs. We ensure that our reduced activities in Russia are fully compliant with international and other laws as well as with international human rights standards." Increased revenue in 2022 vs 2021. Heidelberg's website until summer 2023 contained information of their plants and terminals in Kaliningrad and Murmansk. Company produces concrete, which could be important for military industry as well.
Promised to suspend exports to Russia & halt investments but sales are ongoing at full range, official statement is misleading and total lie. Website https://www.karcher.ru/ru/ appears to be fully functional to buy Kärcher products in Russia.
Continue doing business as usual.
Russia is the second market in the world for the company (after German market) according official release of the company.
Received revenues in Russia in 2021, there is no any official announcement
Received revenues in Russia in 2021, there is no any official announcement
The new aroma brand 27 87 Perfumes has appeared in Russian Rive Gauche stores. The brand was created in 2016 by Romy Kowalewski, a German living in Barcelona. The numbers in the name represent her date of birth and the philosophy of the company, whose fragrances are addressed to the generation to which Romy belongs.
Since 2023, the company has entered the Russian market.
In 2023, the Russian manufacturers of footwear for the power structures "Donobuv", "Faraday", "Iskozh" and "Unichel" directly imported products from European companies worth 4.1 million dollars. Among the largest European suppliers: the Belarusian-German company Belintertrans Germany Gmbh ($0.9 million).
Still operating and advertising in Russia
Among the foreign brands that have begun to sell in Russia are the German shoe retailer Kennel & Schmenger.
Continue operations with Russia.
Still advertising and selling to Russia via Telegram
Continue operations with Russia.
Distributor Gerry Weber may begin deliveries to Russia of four brands of the German Ultimo Fashion Group. In the summer, LiM Holding LLC registered Russian domains that repeat the names of four German fashion brands from the portfolio of the retailer Ultimo Fashion Group — Smith & Soul, Milano Italy, HeartKiss, Elisa.And.Me, according to SPARK-Interfax.
Russia distribution through LLC "Alisa Toys" and LLC "OCTAVA".
Maintain skin and bodycare products; stop other products
Refraining from all investments in Russia and at the same time sticking to the delivery stop, have operating production in RF
Received revenues in Russia in 2021-2024, there is no any official announcement. Revenue decreased in 2024 vs 2023 by more than -10%.
Continue doing business as usual. Revenue decreased in 2024 vs 2023 by more than -10%.
Received revenues in Russia in 2021, which has significantly decreased in 2022, there is no any official announcement.
Received revenues in Russia in 2021-2024, there is no any official announcement. Revenue decreased in 2024 vs 2023 by more than -20%.
Received revenues in Russia in 2021-2024, there is no any official announcement. Revenue decreased in 2024 vs 2023 by more than -20%.