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 CompletedDon Agro International Limited has announced that its subsidiary, JSC Tetra, has entered into a one-year short-term loan agreement worth 100 million Russian Rubles with LLC SGC Blagovar. This loan aims to support Blagovar’s working capital needs and is set at an interest rate tied to the Central Bank of Russia’s key rate, plus an additional 3%. This strategic move highlights Don Agro’s efforts to strengthen its financial engagements in Russia’s agricultural sector.