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 CompletedBahrain Export Company signed a Memorandum of Understanding (MoU) with Russian Export Center JSC on the sidelines of the 28th St. Petersburg International Economic Forum 2025 (SPIEF), in which the Kingdom of Bahrain is participating as a guest of honor from June 18 to 21. The memorandum outlines priority areas of cooperation, including support for export projects to expand the presence of goods and services in both countries, as well as the exchange of information and experience related to the business environment, regulation and investment opportunities.