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 CompletedIn the customs databases it is indeed indicated that Lithuanian Right Direction Aero sold AI Fly goods on behalf of Kargoline. Apparently, according to the documents, the spare parts were going to Kyrgyzstan, but in fact they ended up in Russia. Pavlo Chalapov is the director and owner of Right Direction Aero. He wrote that he did not sell anything to the Russian AI Fly. Chalapov said he sold parts to Kyrgyzstan and had personal guarantees from Kargoline owner and CEO Azamat Alkadyrov that the parts could not be re-exported to Russia: "As I see it, Kargoline kept us in the dark, lied to us and, obviously, forged documents." He added that from now on the company will not work with Kyrgyzstan either.