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
Suspend manufacturing in Russia
Scale back to just supplying medicine. The media learned about the supply of veterinary drugs to Russia through “unofficial channels”.
No action taken; still operating in Russia. Decreased revenue in 2023 vs 2022. Revenue decreased in 2024 vs 2023 by more than -20%.
Maintain skin and bodycare products; stop other products
Temporarily paused operations in Russia but still operating in Russia; not disclosed publicly (factory in Krasnodar). CLAAS, based in Germany, has not curtailed its work in Russia. CLAAS noted in a recent Wall Street Journal article that its food-production equipment falls within exemptions from international sanctions against Russia. The company wants to make a contribution to the global food supply even in times of war, said company boss Mohr. He calls the stopping of the grain agreement “frustrating” and officially declared that the Ivans will not leave the market and it is strategically important for them. Decreased revenue in 2023 vs 2022. Revenue decreased in 2024 vs 2023 by more than -20%.
Continuing to supply medical devices and technology as well as continuing to support healthcare providers. Statement condemning Russian invasion of Ukraine. Relocated or made redundant its engineers working in Russia.
Suspend new investments. GEA to scale down Russian business.
Refraining from all investments in Russia and at the same time sticking to the delivery stop, have operating production in RF
Received revenues in Russia in 2021-2024, there is no any official announcement. Revenue decreased in 2024 vs 2023 by more than -10%.
The German EOS Group, which owns one of the largest collection companies in Russia, is preparing to exit this business, two sources in the financial market told RBC. According to one of them, foreign shareholders of the Russian EOS were negotiating with at least four potential buyers. The German EOS Group has decided on a potential buyer of its collection agency in Russia — the asset can be purchased by the structures of Gazprombank (GPB). German EOS Group, which owns one of the largest collection companies in Russia, has changed its mind about selling its subsidiary to Gazprombank (GPB) structures, two sources in the financial market told RBK. According to one of them, the foreign shareholders of the Russian EOS have “withdrawn from the deal”; negotiations that have been ongoing since at least the fall of last year are no longer ongoing. It became known in the spring of 2024 that EOS Group had begun looking for a buyer for its business in Russia. Revenue decreased in 2024 vs 2023 by more than -10%.
Still operating in Russia. GEA has initiated measures to scale down its Russian operations as international sanctions increasingly impact the company’s business activities. We are committed to supporting the affected employees and will carry out the associated restructuring measures in compliance with all applicable laws. GEA will continue to maintain scaled down operations to enable the production of essential food and medicine for the local population. Revenue decreased in 2024 vs 2023 by more than -10%.
Still cooperating with dealers in Russia; not disclosed publicly. Revenue decreased in 2024 vs 2023 by more than -20%.
There is no statement on the company's website about the termination of cooperation with the Russian Federation. The international sales network contains links to the websites of companies in Russia https://amazone.net/en/experience-acquire/acquire/sales-contacts/international-sales-network. Revenue decreased in 2024 vs 2023 by more than -20%.
In response to the Russian invasion of Ukraine, Bohnenkamp stopped all spending in Russia and Belarus which includes: the suspension of all marketing activities, stopping all projects to expand business activities, the suspension of all investments. Received revenues in Russia in 2021-2024. Revenue decreased in 2024 vs 2023 by more than -20%.
Still operating in Russia. Received revenues in Russia in 2022 (but less than in 2021).
Received revenues in Russia in 2022-2024. 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 -10%.
Received revenues in Russia in 2021-2024. Started to review all national and international business activities related to Russia and Belarus. Have severely restricted the ongoing business of Russian subsidiary, well beyond the respective applicable sanctions. No longer supply any products for the oil and gas industry. Furthermore, have completely discontinued the components and spare parts business. Deliveries are still being supplied to the civil infrastructure in the water and energy segments, but these activities are also being critically questioned. Revenue decreased in 2024 vs 2023 by more than -10%.
Still operating in Russia. 2 companies: FOLMANN LLC and CHEMICAL ALLIANCE LLC. Revenue decreased in 2024 vs 2023 by more than -10%.
Still operating and advertising in Russia. In addition to cultivators, the LEMKEN company also supplied disk harrows to Russia. It is among the top five suppliers of disc harrows (9.41% market share), and among the top ten suppliers of cultivators (3.39% market share). In all cases, deliveries were made from Germany to its own representative office "LEMKEN Rus", registered in the Kaluga region. Revenue decreased in 2024 vs 2023 by more than -20%.
Received revenues in Russia in 2021-2024, there is no any official announcement. Increased revenues in 2022 vs 2021. 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%.
Continue doing business as usual. Revenue decreased in 2024 vs 2023 by more than -10%.
Legal entity in Russia (LLC "Schumacher").
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. 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.
Suspend investments in Russia. Revenue decreased in 2024 vs 2023 by more than -10%.
Received revenues in Russia in 2021, which has significantly decreased in 2022, there is no any official announcement.
Continuing business in Russia and exports (the latest deliveries were in February 2023) eventhough volumes decreased in 2022 vs 2021.
Received revenues in Russia in 2022-2024. Revenue decreased in 2024 vs 2023 by more than -10%.
Still operating in Russia. 06.2024: Internal transfer. The entry about the founder of OBO BETTERMANN FERTRIBSHOLDING INTERNATIONAL GMBH LLC was removed from the Unified State Register of Legal Entities. OBO BETTERMANN WERTRIBSHOLDING INTERNATIONAL GMBH & CO. KG becomes the new founder of the organization. Revenue decreased in 2024 vs 2023 by more than -10%.
Promised to end shipments of new cars; dealerships running and warranty obligations honored. The Volkswagen Group report also mentions the agreement reached in December 2022 on the sale of Porsche showrooms in Russia to an investor unrelated to the German corporation. Let us remind you that the Porsche brand is part of the Volkswagen concern. We are talking about LLC "Porsche Russland" and LLC "Porsche Center Moscow". According to the data, the transaction assumes the possibility of repurchase of assets, but not earlier than in five years, and the deadline for repurchase is ten years. At the moment, the deal is being evaluated by the Russian government. Porsche Board Member Allegedly Seeks Deal With Putin To Rebuild Russia’s Auto Industry. In the letter obtained by Der Spiegel, Siegfried Wolf proposed to Putin that the new Volga cars be based on Skoda models. Significantly reduced revenue in 2023 vs 2022. 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 -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 -10%.
Received revenues in Russia in 2021-2024, there is no any official announcement. Revenue decreased in 2024 vs 2023 by more than -10%.
All new engine business with Russia and Belarus has been discontinued until further notice
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%.
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%.
There is no statement on the company's website about the termination of cooperation with the Russian Federation. On the company's website there is information about the representative office in Russia. 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%.
Received revenues in Russia in 2022-2024. 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%.
The company continues to work in Russia. Revenue decreased in 2024 vs 2023 by more than -20%.
Remain present in Russia market, exporting production but reduced volumes in 2022 vs 2021.
No new energy deals with Putin's Russia, has two long-term Russian gas contracts, takes $561 million hit due to Russian gas supply cuts
Continued operating in Russiaю, the latest export shipments dated by March 2022.
Shortly after the invasion of Russian troops into Ukraine in February 2022, the shipping company Hellmann Worldwide Logistics informed the employees of its Moscow enterprise that it was withdrawing from Russia. Before the war, Hellmann's Moscow office helped Russian industrial firms ship tools, spare parts and equipment to Russia from the West, but after the invasion such supplies were severely restricted by international sanctions. Instead, a Russian-registered firm called Heinrich Tapp Rus (HT Rus), owned at the time by at least two former Hellmann employees, took over many of Hellmann's old customers. Hellmann Worldwide Logistics has stated that it has nothing to do with the activities of HT Rus or the people who run it.
Closed office in Moscow & pause new sales
Remain present in Russia market, exporting production but reduced volumes in 2022 vs 2021.
Refused to collaborate with Russian artists
In the days leading up to the sanctions deadline, the giant German shipping company Oldendorff Carriers moved multiple shipments of coal from the Russian ports of Taman and Ust-Luga. Oldendorff ships delivered coal after the sanctions deadline.
German energy firm RWE has initiated arbitration proceedings against Russia's Gazprom over missing gas deliveries, a spokesperson for RWE said, without providing further details. German energy company RWE has won an arbitration case against Gazprom-Export at the International Court of Arbitration of the International Chamber of Commerce (ICC). At the end of 2022, RWE initiated arbitration proceedings against Gazprom-Export in connection with two framework agreements for the purchase and sale of gas. The German company claimed that after the supply was stopped, it had to purchase gas at higher prices on the open market. RWE decided to recover the losses incurred as a result from Gazprom.
Continuing to provide list and advertise Russian hotels on trivago,com (unlike Kayak for example), Deactivated its .ru domain
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.