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
Ant Yapi holding operates in four countries - Russia, Turkey, Great Britain and the USA, earning most of its revenue in Russia. The group's companies took part in the construction of the Capital City and OKO towers in Moscow City, the Capital Towers residential complex and Terminal 2 at Domodedovo Airport. Increased revenue in 2023 vs 2022.
Still operating in Russia. In October 2022, another Austrian company of the EGGER group, known for the production of wood products, founded a company in the Ivanovo region of Russia — WOODPRODUCT VOSTOK ASSET MANAGEMENT LLC.
Still working with dealers and has its own entity in Russia. The Japanese-based power tool manufacturer Makita, which significantly reduced its deliveries to Russia after February 2022, has begun to increase their imports into the country. Makita did not officially leave the Russian market, but due to logistics problems after the start of the military conflict in Ukraine, it reduced imports, ultimately reducing its share in the Russian Federation from 20% to 1.5%.
Received revenues in Russia in 2021, there is not any official announcement.
Received revenues in Russia in 2021-2022, there is no any official announcement.
Continue doing business as usual.
Received revenues in Russia in 2021-2023, there is no any official announcement
Received revenues in Russia in 2021, there is no any official announcement
Continue doing business as usual.
The company publicly confirms that it remains and works on the Russian market, and also rebuilt logistics for deliveries to the Russian Federation from Chinese Fakro factories.
Received revenues in Russia in 2021-2022, there is no any official announcement
Received revenues in Russia in 2021-2024, there is no any official announcement. Revenue increased in 2024 vs 2023 by more than +50%.
Company makes ladders in Ryazan (2021 turnover of 12 million euros), pay taxes in the aggressor country - about 1 million euros per year.
The company is the second largest supplier of hardware for windows and doors on the Russian market.
Received revenues in Russia in 2021-2024, there is no any official announcement. Revenue increased in 2024 vs 2023 by more than +100%.
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 company ELA Container has signed an agreement on the sale of its Russian subsidiary in Obninsk. After an intensive search and taking into account its social responsibility towards its employees, the company was able to find a buyer who will ensure the takeover of all Russian employees. Revenue increased in 2024 vs 2023 by more than +50%.
The company supplies products to dozens of construction companies in Russia.
Belarusian Cement Company (BCC) increased its cement supplies to the Russian Federation by 3.5% year-on-year in the first half of 2024, and by 50% in June 2024, reports Belta News. Major sales markets for BCC in Russia include Moscow, Moscow Oblast, the Central Federal District and the North-Western Federal District.
Planning new infrastructural projects
Contractor to the Russian state. The National Agency on Corruption Prevention (NACP) included CSCEC in the list of international sponsors of the war.
In the Netherlands, the construction equipment supplier Dieseko Group BV, which illegally participated in the construction of the Crimean Bridge, was fined almost 1.8 million euros.
The company continues to work in Russia and has its representative offices.
Maintains an office and current operations in Moscow.
Supplies Russia with building stone in newly completed and under construction developments.
Helmut Jan architectural company continues construction in Moscow and Russia. Designs for brand new skyscraper in Moscow.
Hyundai Engineering bags $90 mn gas processing plant deal in Russia.
Statement condemning Russian invasion of Ukraine (No Russian members expelled)
On July 1, 2025 the Omani company Isnad For Business (IFB) received 12.75% in Quesar Investments LLC, according to SPARK data. This company controls 100% in International Restaurant Brands LLC, the main structure of the Rostic’s franchisee, operating under the International Restaurant Brands (IRB) brand.
Continue doing business as usual.
Egypt’s Petrojet company signed a $100 million coast protection deal for the El-Dabaa nuclear plant with the Russian Federation's nuclear power equipment and service exporter Atomstroyexport, the Ministry of Petroleum and Mineral Resources announced on Wednesday, September 11, 2024.
Cooperating with a Russian bank "Solidarnost" on off-shore projects
Continues to supply their playground equipment to Russia. Company LLC "RICHTER RUS" or RICHTER RUS LLC has Richter Julian Johannes Friedrik-Karl as a co-founder of the organization (with 50% share).
Did not respond to Architect's Journal request about status of Russian projects.
Owns russian subsidiary - Tremco CPG Finland Oy owns 100% of the outstanding shares in Tremco illbruck ooo, a Russian company.
India's biggest cement producer, UltraTech Cement, is importing a cargo of Russian coal and paying using Chinese yuan
United Development Company (UDC), the main developer of Perlina and Gevan islands, participated in the 8th International Business Real Estate Forum in St. Petersburg, Russia.
Company played an important role (as well as Knauf) in the reconstruction of destroyed and occupied Mariupol. Investigators found concrete blocks wrapped in green film with the inscription WKB Systems GmbH on them at numerous construction sites. The company, among other things, equips plants for concrete block production. The company's main shareholder is Russian oligarch Viktor Budarin, who used his German company as a supplier to the construction industry in Russia. He is not subject to any sanctions. Customs data reviewed by journalists revealed that WKB Systems had supplied complete plants for aerated concrete block factories for several years to one of Budarin's Russian companies – apparently, the same company whose products Russia is using in Mariupol.
Continuing business in Russia. Suspended new investments in Russia. Suspended operations in Ukraine. (World's biggest flooring manufacturer with ~$400M in Russian sales in 2021. Owns Russia's largest ceramic tile manufacturer)
Legal entity in Russia (LLC "Schumacher").
Received revenues in Russia in 2021-2024, there is no any official announcement. 09.2024: The entry about the founder of "APLEONA" GMBH has been removed from the Unified State Register of Legal Entities. "DELAWARE INVESTMENT COMPANY" LIMITED LIABILITY PARTNERSHIP (Egypt) becomes the new founder of the organization. In fact, the company is still operating in the Russian market and continuing to pay taxes to the Russian government - but is using legal subterfuge to hide the real situation from its customers and employees. In September 2024, Apleona GmbH transferred 100% ownership of its Russian business (Apleona Rus) to Delawar Investment company (Egypt) and the Apleona Russia company name was changed to “Panelao” (a simple anagram of Apleona). The owner and president of Delawar Investment company (Egypt) is Mohamed Delawar, who was (and continues to be) the CEO of Apleona Egypt - a long-term employee of Apleona. Apleona has simply temporarily “parked” its Russian business with its employee in Egypt, and tried to hide that fact by slightly changing its name.
Received revenues in Russia in 2021-2024, there is no any official announcement. Revenue decreased in 2024 vs 2023 by more than -10%.
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%.
Received revenues in Russia in 2021-2024, there is no any official announcement. Revenue decreased in 2024 vs 2023 by more than -20%.
The company continues to work in the Russian Federation, has a factory in Russia. Revenue decreased in 2024 vs 2023 by more than -10%.
The company continues to work in Russia. Revenue decreased in 2024 vs 2023 by more than -20%.
Not taking new work in Russia.
Has suspended all sales to and purchases from Russia, It has also decided to write off its investments in a Russian joint venture that it had with Severstal,
Villeroy & Boch promised to suspend business in Russia. But all the company's stores continue to operate in Russia. At least on YouTube and Instagram, all their channels continue to work and advertise the product.