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
The Swiss-Greek Coca-Cola HBC, despite the promise to support the implementation of the decision of the American Coca-Cola Company and statements in support of Ukraine, is leaving Russia and not gathering. But she lost the opportunity to bottle and sell drinks under the Coca-Cola brand - at least legally. In August 2022, Coca-Cola HBC announced that it had sold the last old stocks of original Coca-Cola and would now develop its Russian business "on a much smaller scale" under the new name - "Multon Partners" (that was the name of the Russian juice company, which Coca- Cola HBC bought in 2005). "Multon Partners" will focus on the production and sale of local brands "Dobry", Rich and "My Family", it was said in the release - and it was emphasized that the raw materials will be exclusively local, that is, The Coca-Cola Company will not supply concentrates for beverages.
Still operating in Russia
Not disclosed publicly; still operating in Russia
No official statement
Two laden Greek tankers seized by Iranian forces. The company's stay at the NACP base has been SUSPENDED for the period of bilateral consultations with the participation of representatives of the European Commission. The National Agency on Corruption Prevention (NACP) returned the status of five Greek shipping companies on the list of "international war sponsors" because they did not meet the conditions agreed during the negotiations to remove them from the list.
The Greek state gas company DEPA Emporias is discussing prices and terms of supply for Russian natural gas in 2024 with Gazprom, according to the Minister of Environment and Energy, Theodoros Skilakakis.
US seizes Iranian crude from Russian tanker arrested in Greece. The company's stay at the NAZK base has been SUSPENDED for the period of bilateral consultations with the participation of representatives of the European Commission.
Since the start of the war, other European buyers of Russian metals have included Greece's Elval Halcor (supplied for $13 million of aluminium).
Petroleum products that originated in Russia kept flowing to the Motor Oil Hellas refinery on the Aegean Sea in Greece, a Washington Post examination of shipping and trade data found. They just took a new route, hundreds of miles out of the way through an oil storage facility in Turkey, a journey that obscured Russia’s imprint as ownership of the products changed hands multiple times before they reached Greece.
