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
Pfizer will donate all profits of the Russian subsidiary to causes that provide direct humanitarian support to the people of Ukraine. There will be no new clinical trials in Russia. Stopped new investments in Russia. The pharmaceutical company Pfizer has not ceased and continues its activities in Russia despite everything, its press service told RBC. This is how the company responded to the inclusion of the company by the Center for Strategic Research (CSR) in the list of foreign enterprises that have no chance of returning to the Russian market. "Pfizer has been providing uninterrupted supplies of medicines for patients in Russia for all these years," the company said.
AbbVie has temporarily suspended operations for the aesthetics products in Russia and paused the start of new clinical studies. Other operations are continued. Revenue increased in 2024 vs 2023 by more than +50%.
Received revenues in Russia in 2021, there is no any official announcement
Continues sales in Russia
“Coping with the consequences of pandemic, followed by the war in Ukraine and our exit from Russia, our organisation has focused on improving commercial and operational excellence." Revenue increased in 2024 vs 2023 by more than +30%.
Still operating in Russia.
Company continues to do business as usual in Russia and hiring employees.
Received revenues in Russia in 2021, there is no any official announcement
The complex regulations gave US firms an advantage enabling companies like General Electric Healthcare to actually increase export volumes to Russia, replacing European competitors.
NanoString Technologies is a key distributor and evader of international sanctions regarding the sale and distribution of biotech research equipment.
The Russian authorities are discussing the possibility of introducing barrier duties of 220% on dietary supplements from unfriendly countries. The measure may affect such large manufacturers as Stada, Solgar, Unipharm, Pharmamed.
The Russian authorities are discussing the possibility of introducing barrier duties of 220% on dietary supplements from unfriendly countries. The measure may affect such large manufacturers as Stada, Solgar, Unipharm, Pharmamed.
The American company Varian, which supplies used Truebeam linear accelerators for radiation therapy to Russian oncology clinics, is now required to obtain an export license from the US authorities, a process that takes a minimum of three months.
Had a plant in Russia right before invasion, sell their medicines and never made statements about invasion or the cessation of its activities.
Ukraine has found Indian components in Iranian-designed Shahed 136 drones used by Russian troops in the war, said Andriy Yermak, head of the Presidential Office. The drone's power supply unit contained a bridge rectifier assembled in India from the international company Vishay Intertechnology, and the satellite navigation antenna contained a chip from the republic's Aura Semiconductor.