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
Received revenues in Russia in 2021-2022, there is no any official announcement.
Received revenues in Russia in 2021-2023, there is no any official announcement
Continue doing business as usual.
Received revenues in Russia in 2021-2022, there is no any official announcement
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.
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 continues to work in Russia and has its representative offices.
Supplies Russia with building stone in newly completed and under construction developments.
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).
Received revenues in Russia in 2021, there is no any official announcement
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.