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 CompletedParts for D500-type engines are sold to Kolomensky Zavod by Switzerland’s Sipavag AG, Lithuania’s D.Kudarauskienes Warehouse, and Austria’s Geislinger GmbH.
The logistics company Delamode Baltics, which in the past provided services to the Armed Forces of Lithuania, the State Border Guard Service and the Ignalina Nuclear Power Plant, was able to act as an intermediary in at least 10 deliveries of dual-purpose goods to Russia.
Everwest is transport logistic company moving goods between Europe and Russia. No at all official answers. Everwest was established, separated from Girteka group after beginning of the war, which is largest Europe's transport company. Everwest continues to hide its presence in russia under the name of company OOO Optitrans in Smolenks with ~140 employees just in the office and with offices in Moscow and Minsk and more subsidiaries. In Smolensk there is a large truck base, repair workshop, warehouses. Girteka/Everwest shareholders are hidden under the offshore company from Cyprus. Manager of russian branch is Denis Postukhov. Everwest/Girteka telling that they do leaving russia, reduce they business but that still continues 3 years where it is more an intention to save some time. Everwest belongs to the same shareholders as Girteka and main aim of Everwest is not to put a dirt on Girteka by doing business in russia. Everwest transports good from Europe to russia for companies like LeroyMerlin, BSH group, Auchan, many pharmaceutical companies.
Shareholders of logistics giant Girteka Group have ties to a Cyprus-registered company that owns at least 16 firms operating in Russia.
Lithuanian company Vinges Terminalas, previously mentioned in The Insider's investigation into grey deliveries of electronics for drone production to Russia, was involved in the logistics chain: it was its warehouse near Vilnius that received clothing that was later shipped to Belarus. Company representatives claim that they do not know whether the warehouse is used to supply luxury goods to Russia, and state that they have no contracts with Eksporttorg or Paskaltrade.
According to LRT journalistic investigations, chips, bearings, antennas, capacitors, radio navigation devices, semiconductors and other dual-purpose goods were supposed to be exported to third countries, but ended up in Russia. As reported, 70 companies exported sanctioned goods more than once. One of them, the transport company Zetemzeja, registered in Klaipeda, allegedly shipped American-made microchips.