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 CompletedKinross divests Russian assets to Highland Gold at half the set amount. Highland Gold structures of Vladislav Sviblov can increase investments in gold mining in the Trans-Baikal Territory. This follows from the draft government decree published by the Ministry of Eastern Development in June, which provides for the expansion of the area of the Transbaikalia ASEZ for potential residents. Thus, it follows from the draft resolution that Talatuiskoye LLC, a member of Highland Gold, plans to implement a project from 2024 to 2042 to develop the Darasun deposit and build a gold extraction plant with a capacity of 200 thousand tons of ore per year.
Donation service Boosty is used to finance Russian military from Western countries, bypassing sanctions.