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
MSC retains a considerable presence in the Russian trades with feeder operations in all three Russian gateways while the other key European carriers have withdrawn completely from the market. Revenue increased in 2024 vs 2023 by more than +50%.
Received revenues in Russia in 2021, 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 -10%.
4 locations/legal entities in Russia. Significantly reduced business in Russia after the war was started. Bertschi is specialized in moving all kinds of chemicals safely and is very important for russians. Revenue decreased in 2024 vs 2023 by more than -20%.
Shipping Giant MSC Delivers Russian Food While Navigating Sanctions Maze