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Over 400 companies have withdrawn from Russia - but some remain
Originally conceptualised as a simple "withdraw" vs "remain" list, the list of companies commensurate with their involvement with Russia, now consists of five categories. These are:
• Withdrawal - companies that have made a clean break with the country, that have completely halted their engagements with Russia and/or have exited the country.
• Suspension - companies that have kept their options open for return. These are companies that are temporarily curtailing operations while keeping return-options open.
• Scaling back - companies that are reducing activities. These are companies that are scaling back some business operations while continuing others.
• Buying time - companies that are holding off new investments or developments. These are companies that are postponing future planned investment, development or marketing while continuing substantive business.
• Digging in - companies that are defying demands for exit. These are companies that are defying demands to exit Russia or to reduce their activities,
Download the list of these companies by clicking here.
The list is updated continuously by Jeffrey Sonnenfeld and his team of experts, research fellows, and students at the Yale Chief Executive Leadership Institute to reflect new announcements from companies in as close to real time as possible.
The list has already garnered extensive coverage for its role in helping catalyse the mass corporate exodus from Russia.
When this list was first published the week of 28 February, only several dozen companies had announced their departure.
"Hundreds of companies have withdrawn in the days since, and we are humbled that our list helped galvanise millions around the world to raise awareness and take action," a spokesperson from the Yale Chief Executive Leadership Institute said.
"Although we are pleased that our list has been widely circulated across company boardrooms, government officials, and media outlets as the most authoritative and comprehensive record of this powerful, historic movement, we are most inspired by the thousands of messages we have received from readers across the globe, especially those from Ukraine, and we continue to welcome your tips, insights, and feedback."
As of 20 April 2022 - see updated list here.
Companies that are just continuing business-as-usual in Russia... | |||
Name | Action | Industry | Country |
Aalberts | still operating in Russia | Industrials | Netherlands |
AB InBev | still operating in Russia | Consumer Staples | Belgium |
Acerinox | still operating in Russia | Materials | Spain |
Agrana | continue operating plant in Russia | Austria | |
Agricultural Bank of China | Russian companies open accounts with the bank; decline to comment | Financials | China |
Aimbridge | Interstate Hotels | still operating in Russia | Consumer Discretionary | United States |
Air Serbia | still flying to Russia | Industrials | Serbia |
Alcon | still operating in Russia | Health Care | Switzerland |
Alibaba | still operating in Russia | Consumer Discretionary | China |
Align Technology | still operating in Russia | Health Care | United States |
Alpina Žiri | distributors in Russia | Consumer Discretionary | Slovenia |
Alumil | Not disclosed publicly | Industrials | Greece |
Amgen | still operating in Russia | Health Care | United States |
Andritz | continue exports to Russia | Austria | |
ANT Group | joint venture with the Russian Sovereign Wealth Fund | China | |
Asus | citing conditions for effective standstill in Russian operations without actually suspending operations | Information Technology | Taiwan |
Auchan-Retail | still operating in Russia | Consumer Staples | France |
AVL | still operating in Russia | Austria | |
Bajaj Auto | business as usual | India | |
Bharat Petroleum (BPCL) | bought 2 million barrels of Russian Urals for May loading | India | |
Bharti Airtel | business as usual | India | |
Bonduelle | still operating in Russia | Consumer Staples | France |
Bucher Industries | still operating assembly and maintenance plants in Russia | Switzerland | |
Buzzi Unicem | continue operating plants in Russia | Italy | |
Calzedonia | continue sales in Russia | Italy | |
CANPACK | still operating in Russia | Poland | |
Carter's | Oshkosh | still operating in Russia | United States | |
Charoen Pokphand Foods | still operating in Russia | Consumer Staples | Thailand |
Check Point Software | selling cybersecurity products in Russia | Information Technology | Israel |
China Communications Construction Company | planning new infrastructural projects | Industrials | China |
China Construction Bank | Russian companies open accounts with the bank; decline to comment | Financials | China |
China Life Insurance Company | offices in Russia, actively looks for new Russian employees | Financials | China |
China Mobile | business as usual | Communication Services | China |
China National Petroleum Corporation | business as usual | Energy | China |
China Railway Construction Corporation | continues to build Vladivostok highway in March 2022 | Industrials | China |
China Railway Engineering Corporation | business as usual | Industrials | China |
China State Construction Engineering | contractor to the Russian state | Industrials | China |
China State Railway Group Company | increasing coal shipments from Russia | China | |
China United Network Communications | a subsidiary in Russia: China Unicom (Russia) Operations Limited Liability Company; business as usual | Communication Services | China |
Chipita | Not disclosed publicly; still operating in Russia | Consumer Staples | Greece |
Cloudflare | continue sales & services in Russia | Information Technology | United States |
Coal India | expecting highest import level in 2 years | India | |
Cofix Coffee | maintains locations in Russia | Israel | |
Cremonini Group | continue sales in Russia | Italy | |
De Cecco | continue sales and operations in Russia | Italy | |
Denso | continue operations in Russia | Japan | |
Dessange International | still operating salons in Russia | France | |
Didi | explicitly reversed decision to exit Russia | Industrials | China |
DJI | continue business in Russia | China | |
DMK Group | continues sales and plant operations in Russia | Germany | |
Donaldson Company | continues sales to Russia | United States | |
Dr Reddys Labs | business as usual | India | |
Duol | still operating in Russia | Consumer Discretionary | Slovenia |
EDF | still operating in Russia | Utilities | France |
Egger | still operating in Russia | Industrials | Austria |
ElvalHalcor | Not disclosed publicly | Industrials | Greece |
Emirates Airlines | still flying to Russia | Industrials | United Arab Emirates |
EMS-Chemie | still operating in Russia | Industrials | Switzerland |
ESAB | still operating in Russia | Industrials | Sweden |
Eutelsat | provide satellite TV services to Russia | Communication Services | France |
FAW Group | remains silent on whether they will continue operations | Industrials | China |
Fleetcor | business as usual | Financials | United States |
Flowserve | still operating in Russia | Industrials | United States |
Fluidra | continuing sales in Russia | Consumer Discretionary | Spain |
Foraco | still operating in Russia | Energy | France |
Frigoglass | still operating in Russia | Consumer Staples | Greece |
GEA Group | continues operations in Russia | Germany | |
Gedeon Richter | still operating in Russia | Health Care | Hungary |
Geoplin | still purchasing Russian gas from Gazprom | Energy | Slovenia |
Geox | continuing operations in Russia | Italy | |
Global Fashion Group | still operating in Russia | Luxembourg | |
Globus | still operating in Russia | Consumer Staples | Germany |
Gorenje | still operating in Russia | Consumer Discretionary | Slovenia |
Groupe Le Duff | still operating in Russia | Consumer Discretionary | France |
Groupe Savencia | still operates in Russia | Industrials | France |
Grupo Borges | ITLV | still operating in Russia | Consumer Staples | Spain |
Grupo Fuertes | still operating in Russia | Spain | |
Hampidjan | still operating in Russia | Industrials | Iceland |
Hengli Group | business as usual | Energy | China |
Herend | still operating in Russia | Consumer Discretionary | Hungary |
Hindalco | business as usual | India | |
HiPP | continue operations and sales in Russia | Switzerland | |
Honor | business as usual | China | |
Huntsman Corporation | still operating in Russia | Materials | United States |
Ideal Molde | still selling to Russia | Materials | Portugal |
IMCD | still operating in Russia | Netherlands | |
Indian Oil Corporation | signed new deal to import Russian oil | Energy | India |
Industrial Bank (China) | offices operating in Moscow, did not answer for Reuters' calls for commenting on that | Financials | China |
Intermedia | still operating in Russia | Information Technology | United States |
International Paper | still operating in Russia | Materials | United States |
Itochu | continues oil & gas exploration partnerships | Japan | |
JD.com | business as usual - the Russian store is still fully operational | China | |
JDE Peet's | still operating in Russia | Consumer Staples | Netherlands |
Jidian International Trade Co | has purchased at least 50,000 tonnes of coal from Russia since the war broke out - “We are still in the business when many of our peers are out" | China | |
JSW Steel | business as usual | India | |
Kleemann | Not disclosed publicly | Industrials | Greece |
Knarr Maritime | members still operating in Russia | Iceland | |
Koch Industries | still operating in Russia | Industrials | United States |
Kotanyi | still exporting to Russia | Austria | |
Krka | still operating in Russia | Health Care | Slovenia |
Kronospan | still operating in Russia | Materials | Austria |
Kuhn | continues business in Russia | Industrials | France |
Kweichow Moutai | business as usual | China | |
La Redoute | still selling products to Russia | Industrials | France |
Laboratoire Servier | still operating in Russia | Consumer Discretionary | France |
Lacoste | still operating in Russia | Consumer Staples | France |
LACTALIS | still operating in Russia | Consumer Staples | France |
Larsen & Toubro | business as usual | India | |
Legrand | still operating in Russia | Consumer Discretionary | France |
Lenovo | still operating in Russia | Consumer Discretionary | Hong Kong |
Leptos Estates | continues operations in Russia | Cyprus | |
Leroy Merlin | still operating in Russia | Consumer Discretionary | France |
Letique Cosmetics | maintains stores in Russia | Consumer Staples | Latvia |
Liebherr | No action taken; still operating in Russia | Industrials | Germany |
Lisec | still operating in Russia | Austria | |
Luka Koper | continuing trans shipments | Slovenia | |
Mahindra & Mahindra | business as usual | India | |
Match Group | continue to operate in Russia including Tinder | United States | |
Maxam | still operating in Russia | Materials | Spain |
Menarini Group | continue operating plant and research center | Italy | |
Metro | still operating in Russia | Consumer Staples | Germany |
Micro-Star International Co. (MSi) | still operating in Russia | Information Technology | Taiwan |
Mitsui | continuing operations within sanctions compliance | Energy | Japan |
Mizuho Financial Group | still operating in Russia | Financials | Japan |
Mod's Hair | still operates in Russia | France | |
MOLGroup | still operating in Russia | Energy | Hungary |
Mondi | continue operations in Russia | United Kingdom | |
MS & AD Insurance Group | continue operations in Russia | Japan | |
New Yorker Marketing & Media GmbH | continue to operate and open new stores | Industrials | Germany |
Nippon Telegraph and Telephone Corporation | continues to operate cloud services in Russia | Japan | |
Oasis Logistics Corp | “We are actively exploring opportunities to work with our Russian partners” | China | |
OCSiAl | still running research center and branch | Information Technology | Luxembourg |
Olam Group | still operating in Russia | Consumer Staples | Singapore |
ONGC | aggressive selling of Russian Sokoil to other Indian Nationalised Energy corps | Energy | India |
Oppo | business as usual | China | |
Orano | still operating in Russia | Energy | France |
Owens Corning | vaguely pursue options to transfer or sell our Russian facilities but no final decision | United States | |
Paccar | still active in Russia; deny comments | Industrials | United States |
Palfinger | still operating in Russia | Austria | |
Paul Wurth | maintaining commercial activities with Russia | Industrials | Luxembourg |
Pentair | still selling to Russian distributors | United States | |
Phibro Animal Health Corp | continues sales to Russia | United States | |
Pidilite Ind | business as usual | India | |
Pilkington | still operating in Russia | Japan | |
Plastika Kritis | Not disclosed publicly | Greece | |
Poly Real Estate | a sister company is Poly Technologies, one of China's largest arms exporters and has been sanctioned by the United States; in Russian tax registry | Real Estate | China |
PowerChina | cooperating with a Russian bank "Solidarnost" on off-shore projectes | China | |
Profilco | Not disclosed publicly | Materials | Greece |
Provalliance Group (Jean Louis David) | still operating in Russia | Consumer Discretionary | France |
Qatar Airways | still flying to Russia | Qatar | |
Raba | maintain commerical ties with Russian Kamaz | Industrials | Hungary |
Raiffeisen Bank International | still operating in Russia | Financials | Austria |
Riko | still operating in Russa | Slovenia | |
Riot Games | still operating in and selling to Russia | Consumer Discretionary | United States |
Russia Fachspedition Dr. Lassmann | still operating in Russia | Austria | |
S-Mechaniki | Not disclosed publicly | Industrials | Greece |
SAIC Motor | remains operational; plans to increase export | Industrials | China |
Sanatmetal | still operating in Russia | Health Care | Hungary |
Sany Heavy Industries | business as usual | China | |
Sarantis | still operating in Russia | Consumer Staples | Greece |
Schoeller Bleckmann | still operating in Russia | Austria | |
Semiconductor Manufacturing International Corporation | defies US sanctions by continuting to export to Russia | Industrials | China |
Shanghai Fosun Pharmaceutical | business as usual | China | |
Signify | still operating in Russia | Consumer Discretionary | Netherlands |
Sika | still operating in Russia | Switzerland | |
Simba Dickie Group | still operating in Russia | Consumer Discretionary | Germany |
State Grid Corporation of China | business as usual | Utilities | China |
Storck | continue candy sales in Russia | Consumer Staples | Germany |
Sun Pharma | business as usual | India | |
SWISS KRONO | still operating plant in Russia | Switzerland | |
Sæplast | not publically disclosed | Industrials | Iceland |
Tata Steel | business as usual, however looking for alternatives to Russian coal | India | |
Tech Mahindra | business as usual | India | |
Tencent | still operating in Russia | Communication Services | China |
Tenneco | still operating in Russia; deny comments | Industrials | United States |
TEPCO | continues purchases of Russian gas | Utilities | Japan |
Terex Corporation | supports dealer network in Russia | Industrials | United States |
The China Coal Transportation and Distribution Association | big power plants and about 20 Russian coal companies discussed plans to increase bilateral trade | China | |
ThyssenKrupp | still operating in Russia | Germany | |
Titan Company | business as usual | India | |
Titan International | still operating in Russia | Industrials | United States |
Toyota Tsusho | still operating in Russia | Japan | |
Triglav Group | still operating in Russia | Slovenia | |
Turkish Airlines | still flying to Russia | Industrials | Turkey |
UniCredit | evaluating potential withdrawal but still operating in Russia | Financials | Italy |
UnionPay | Russian banks TURN to UnionPay, after Visa and Mastercard left | China | |
United States Polo Association | United States | ||
Vanke | business as usual | Utilities | China |
Veolia | still operating in Russia | Utilities | France |
Vinci SA | still operating in Russia | Industrials | France |
Vivo | business as usual | China | |
Wanhua Chemical Group | business as usual | China | |
Wienerberger | still operating in Russia | Austria | |
Xiaomi | still operating in Russia | Information Technology | China |
Xibao Metallurgy Materials Group | building a refractory material plant in Lipetsk, Russia | China | |
Zimmer Biomet | continues sales in Russia | United States | |
ZTE | business as usual | Communication Services | China |
Zwack | Not disclosed publicly | Consumer Staples | Hungary |
Companies postponing future planned investment/development/marketing while continuing substantive business... | |||
Name | Action | Industry | Country |
Abbott Laboratories | suspend non-essential business activity | Health Care | United States |
Abbvie | suspend aesthetics operations, pause new clinical trials | Health Care | United States |
Accor | suspend new investments/development | Consumer Discretionary | France |
Accumalux | still operating plant in Togliatti, Russia | Industrials | Luxembourg |
Aegon | ending new investments where has control over fund | Financials | Netherlands |
Air Liquide | Some clients no longer supplied, others scaled down; all Russian investments on hold | Materials | France |
Akrapovič | still operating in Russia | Consumer Discretionary | Slovenia |
AmerisourceBergen | cease new business initiatives but continue existing clinical trials, and distributing health products | Health Care | United States |
Anecoop | diverting sales away from Russia | Consumer Staples | Spain |
Archer Daniels Midland (ADM) | unspecified scaling down of non-essential operations | Consumer Staples | United States |
Arconic | pause new contracts but continue existing | Materials | United States |
AstraZeneca | halt new investments/new clinical trials | Health Care | United Kingdom |
Baker Hughes | paused new investments/development | Energy | United States |
Bang & Bonsomer | suspend new investments but still operating in Russia | Finland | |
Bank of Cyprus | maintain loan book; observe banking sanctions | Cyprus | |
Barilla | all new investments and advertising activities on hold | Consumer Staples | Italy |
Barry Callebaut | suspend capital investment | Consumer Staples | Switzerland |
BASF SE | no new business in Russia & Belarus except certain products | Materials | Germany |
Bayer | stopping unspecified non-essential business activity | Health Care | Germany |
BlaBlaCar | Stopped new investment but stays in Russia | Industrials | France |
Boiron | suspend new investments & stop clinical trials | Health Care | France |
Calfrac Well Services | suspension of new investments in Russia | Energy | Canada |
Campari | continue sales in Russia but suspend new investments | Italy | |
Cargill | unspecified scaling down of non-essential operations | Consumer Staples | United States |
Carmim | suspend some orders in backlog | Consumer Staples | Portugal |
Colgate-Palmolive | continue essential health and hygiene products | Consumer Staples | United States |
Corticeira Amorim | commerical activity suspended | Consumer Discretionary | Portugal |
Credit Suisse | stop new business in Russia while meaningfully cutting exposure | Financials | Switzerland |
Danone | suspend all investment projects but continue dairy products | Consumer Staples | France |
Delonghi | paused new shipments and investments | Consumer Discretionary | Italy |
dōTERRA | suspend new investment in Russia | Consumer Staples | United States |
Dr. Theiss | suspend advertisement | Health Care | Germany |
Ecco | suspend new investments still operating in Russia | Consumer Discretionary | Denmark |
Ehrmann | continue sales in Russia but suspend new investments | Consumer Staples | Germany |
Ekosem Agrar AG | restructuring finances | Consumer Staples | Germany |
Eli Lilly | suspend new investments and clinical trials | Health Care | United States |
Emerson Electric | halt new investments in Russia | Industrials | United States |
Engie | no new investments | Utilities | France |
ESL | ban people with ties to Russian government | Utilities | Germany |
FL Smidth | no new business | Denmark | |
FM Global | stopped renewing and underwriting new reinsurance | Financials | United States |
Focus Brands - Cinnabon | no new investments and expansion plans on hold | Industrials | United States |
Fortum | no new investments in Russia; continue operating plants | Finland | |
Gaz-System | still imports Russian gas, made efforts to diversify | Poland | |
GlaxoSmithKline | stopped advertising/new clinical trials in Russia | Health Care | United Kingdom |
Glencore | stop entering into new Russian commodities trading contracts but continue holding substantive Russian equity stakes | Materials | Switzerland |
Greif | canceled future investments in Russia | Materials | United States |
GROUPE LIMAGRAIN/JACQUET-BROSSARD | continues flows to Russian and Ukrainian producers but suspends its project to build a seed factory in Russia | Industrials | France |
Groupe Seb | suspend new investments and "sharply" reduce activities in Russia | Consumer Discretionary | France |
Gruma | halt new investments in Russia | Consumer Staples | Mexico |
GXO Logistics | suspend new investments | Industrials | United States |
Hellenic Bank | maintain rep offices in Russia; observe all banking sactions | Cyprus | |
Hellenic Petroleum | seeks new oil supplier to replace Russian oil | Energy | Greece |
HERZ | no new business in Russia | Austria | |
Hilton | suspend new investments/close corporate office | Consumer Discretionary | United States |
Hines | suspend new investments in Russia | Industrials | United States |
Hochland | suspend investments but continues sales and plant operations in Russia | Consumer Staples | Germany |
HSBC | curtail Russian access to capital markets and limit new business | Financials | United Kingdom |
Huawei | suspend new orders and furlough some staff | Information Technology | China |
Hyatt | suspend investments and new developments | Consumer Discretionary | United States |
ID Logistics | suspend new investment in Russia | Industrials | France |
Idexx Labs | suspend minor operations and new investments | Industrials | United States |
ING Bank | pause all new business | Netherlands | |
Ingram Micro | no new business in Russia | Information Technology | United States |
Intercontinental Hotels | ended new investments/closed corporate office | Consumer Discretionary | United Kingdom |
Intesa Sanpaolo | suspend new investments and curtail new financing | Financials | Italy |
IPG Photonics | suspend new investments and business development in Russia | Information Technology | United States |
J. Neves & Fihos (JNF) | paused distribution | Industrials | Portugal |
Japan Tobacco | stopped new investments and marketing activities in Russia | Consumer Staples | Japan |
Johnson & Johnson | pause patient enrollment in ongoing trials | Health Care | United States |
Julius Baer | suspend new business in Russia and reduce current exposure | Financials | Switzerland |
KCA Deutag | suspend investments | Energy | United Kingdom |
KDDI Corp | continue operations with local staff | Japan | |
Kimberly-Clark | suspend new investments in Russia | Consumer Staples | United States |
Knauf | still operating across 14 sites in Russia but suspend new investments | Materials | Germany |
Kraft Heinz - JBS | stopped new investments and exports/imports from Russia | Industrials | United States |
Kubíček VHS | Stopped cooperation | Industrials | Czech Republic |
Lamb Weston | halted the export of products to/from Russia and suspended investments in new production | Industrials | United States |
Lotos | ready to stop spot purchases of Russian oil | Energy | Poland |
Loulis Mills | search for alternative suppliers | Consumer Staples | Greece |
Maire Tecnimonet | suspended commercial activities; managing existing backlog | Italy | |
Manitowoc | stopped taking new orders, still maintaining office in Russia | Industrials | United States |
Marel | paused new projects | Consumer Staples | Iceland |
Marriott | suspend new investment/close corp. office | Consumer Discretionary | United States |
Melamin | making up for shortfall from sanctions | Materials | Slovenia |
Merck | no further investments/clinical trial enrollment | Health Care | United States |
Mocapor | paused exports | Industrials | Portugal |
Mohawk Industries | suspend new investments in Russia | Consumer Discretionary | United States |
Mondelez - Nabisco | scaling back unspecified non-essential activities in Russia | Industrials | United States |
National Oilwell Varco | suspend all new investments in Russia | United States | |
Nature's Sunshine | suspend shipments into Russia but not sales | Consumer Staples | United States |
Naust Marine | stopped projects in Russia | Industrials | Iceland |
Nestle | halted non-essential imports/exports to Russia, stopped all advertising, and suspended all capital investment | Consumer Staples | Switzerland |
Nippon Steel | searching to replace Russian supplies | Japan | |
Novartis | pause all new capital investments, media advertising and other promotions; pause new clinical trials and enrollment of new patients | Health Care | Switzerland |
Novo Nordisk | continue operations but pause new investments, marketing and clinical trials | Denmark | |
NTPC | difficulty in transacting with Russian counterparties due to SWIFT issues etc | India | |
OMV | no new Russian investments; doing strategic review of current Russian gas investments | Energy | Austria |
Otis Worldwide | no new investments/new contracts but fulfill existing agreements | Industrials | United States |
Pfizer | stopped new investments/clinical trials in Russia | Health Care | United States |
Philip Morris | Stop new investments including $150MM, paused marketing, canceled product launches | Consumer Staples | United States |
Philips | most operations continue, ended some consumer products | Netherlands | |
Polpharma | stop all new investments and limit deliveries to essential drugs only | Health Care | Poland |
Pottinger | limited deliveries to Russia sales subsidiary | Austria | |
Procter & Gamble | scale back unspecified operations in Russia and stop new investments | Consumer Staples | United States |
Red Bull | suspend new investments | Consumer Staples | Austria |
RHI Magnesita | selling down existing stocks in Russia | Austria | |
Ritter Sport | halt new investments and advertising | Consumer Staples | Germany |
Roche | pause new site activation and patient enrollment; continue operating | Health Care | Switzerland |
Rockwool | cancel new investments in Russia | Industrials | Denmark |
Saipem | halt new investments | Energy | Italy |
Sanofi | halting advertising and promotional spending and new recruitment of patients clinical trials, continue medical supply and treating current patients | Health Care | France |
Sarandopoulos Cylindrical Mills | search for alternative suppliers | Consumer Staples | Greece |
SC Johnson | stopped new investments and scaled back unspecified operations | Consumer Staples | United States |
Schlumberger | stopped new investment and technology deployment to our Russia operations | Energy | United States |
Schneider Electric | halted new investments and international delivery of new project orders destined to Russia and Belarus | Industrials | France |
Siemens | all new business in and international deliveries to Russia and Belarus are on hold | Industrials | Germany |
Siemens Energy AG (Independent) | freeze new business in Russia | Industrials | Germany |
Sigma Group | Stopped cooperation | Industrials | Czech Republic |
SRV | outline steps to stop procurement of building materials from Russia | Materials | Finland |
Subway | suspend new investments/advertising | United States | |
Sumitomo Mitsui Financial | continue operations with local staff | Japan | |
Technip Energies | continuing existing projects; no new business | France | |
Torm | no new business with Russia | Denmark | |
Toshulin | Stopped cooperation | Industrials | Czech Republic |
Trafigura | froze investments in Russia | Energy | Singapore |
TZMO | stopped new investments | Poland | |
UBS | suspend new business in Russia and reduce current exposure by helping clients unwind Russia securities | Financials | Switzerland |
Unilever | stopped inports/exports and stopped all advertising and investments | Consumer Staples | United Kingdom |
Vestas | continue operations but no new contracts | Denmark | |
Vimeo | not accept new customers from Russia | Utilities | United States |
Weatherford International | suspend new investments/deployments in Russia | Energy | United States |
Welltec | suspend all new investments in Russia | Denmark | |
WePlay | freeze Russian-language projects | Utilities | United States |
Wintershall Dea AG | maintain Russian natural gas projects and critical infrastructure; write-off Nord Stream2 loans | Energy | Germany |
Young Living | suspend new investments in Russia | Consumer Staples | United States |
Yves Rocher | suspend new investments/development | Consumer Staples | France |
Companies that are scaling back some significant business operations but continuing some others... | |||
Name | Action | Industry | Country |
ABB | temporarily pausing all new orders and operational activity | Industrials | Switzerland |
AGCO | stop sale of new machines to Russia | United States | |
AkzoNobel | suspend new investments in Russia; end Aerospace work | Materials | Netherlands |
Allianz | meaningfully reduce exposure to Russia | Financials | Germany |
Amadeus IT Group | suspend partnership with Aeroflot | Information Technology | Spain |
AmRest | suspend operations with some brands in Russia | Consumer Staples | Spain |
Aspo | reducing operations in Russia | Finland | |
Bacardi | paused exports to Russia but not domestic operations | Consumer Staples | Bermuda |
Beiersdorf | maintain skin and bodycare products; stop other products | Consumer Staples | Germany |
Black Red White | divesting from Russian subsidiary, still has a significant stake in a company operating in Belarus, which also suspended Russian exports | Consumer Discretionary | Poland |
Boehringer Ingelheim | scale back to just supplying medicine | Health Care | Germany |
Bosch | suspend some shipments and plants but not all | Consumer Discretionary | Germany |
Bunge | suspend exports but continue certain domestic | Consumer Staples | United States |
Bureau Veritas | scaled back | Industrials | France |
Caterpillar | suspend minor Russian manufacturing facilities but not import sales | Industrials | United States |
CHR Hansen | suspend operations outside of staple food products | Denmark | |
Coinbase | block certain illicit Russian accounts but not all | Financials | United States |
Confor Step | Stopped producing or shipping to Russia | Consumer Discretionary | Portugal |
Continental | resumed local production after having previously suspended Russian factory | Consumer Discretionary | Germany |
Corning | suspend almost all sales in Russia except minor life-saving products | Information Technology | United States |
Cyfrowy Polsat | removing Russian TV channels from the offer | Communication Services | Poland |
Deere | suspend shipments into Russia only | Industrials | United States |
Discord | suspend renewal of paid and premium products and services for Russian clients; free services still available | United States | |
Dover Corporation | ramping down sales activity and focusing on liquidating working capital | United States | |
Dow | suspend investments/some purchases but not all | Materials | United States |
Eaton | stop shipments to Russia; maintains services | United States | |
Eimskip | reduced operation in Russia | Industrials | Iceland |
Elanco | scale back to critical products to ensure food security | United States | |
Elsevier | suspended all sales except essential health products | Communication Services | United States |
Enel | suspend current investments; working to divest current assets | Italy | |
FANUC | stopped shipments and limited service | Information Technology | Japan |
Ferrero | suspend non-essential business activity | Consumer Staples | Italy |
Fieldfisher | terminate certain Russian relationships | Industrials | United Kingdom |
FIGMA | continue current business & stop all new sales efforts in Russia | Information Technology | United States |
Fortive | suspend most operations except medical essentials | Industrials | United States |
GE | stopped sales in Russia and Belarus except medical equipment and support for electric power generation and transmission | Industrials | United States |
General Mills | suspended sales of global brands in its JV | Consumer Staples | United States |
Georg Fischer | temporary suspension of deliveries to Russia | Switzerland | |
Goldman Sachs | wind down business in Russia but buy Russian debt | Financials | United States |
Groupe BPCE | suspend many transactions and cease new financing | Financials | France |
Halliburton | suspend future business in Russia and wind down current | Energy | United States |
Hellenic Bottling Company | vaguely suspend some operations in Russia | Consumer Staples | Greece |
Herbalife | suspend sales and shipments to Russia but independent sellers remain operational | Consumer Staples | United States |
HILTI | limiting sales and workforce in Russia | Liechtenstein | |
Hostinger | stop accepting payments for new purchases and renewals | Information Technology | Lithuania |
Idemitsu Kosan | stop coal imports; lubricants business unchanged | Japan | |
IndusInd Bank | can no longer clear rupee rouble conversions | India | |
Ingersoll Rand | scale back to only health critical services | United States | |
Ingka | stop all exports, IKEA production; keep open retail centers (Mega) | Consumer Discretionary | Netherlands |
International Biathlon Union | Russians to compete as neutral athletes | ||
Iskratel | paused some business with Russia | Communication Services | Slovenia |
Iveco | suspend deliveries to Russia; truck JV still in operations | Industrials | Italy |
JPMorgan | wind down business in Russia but buy Russian debt | Financials | United States |
Kellogg | suspend new investments except essentials (minor) | Consumer Staples | United States |
Kotak Mahindra | paused transaction through cards in Russia | India | |
Legal & General | reduce exposure | Financials | United Kingdom |
Linde | divest certain industrial assets and suspend new development/investments | Energy | Germany |
Loyalty Ventures | scaled back most services and stopped new sales | United States | |
LyondellBasell | end all business with state-controlled entities | Materials | Netherlands |
Mars | scale back business and stopped advertising/new investments/exports in Russia | Consumer Staples | United States |
Marubeni | scaling down but still in numerous projects across Russia | Japan | |
Maruti Suzuki | suspend car exports | India | |
Mashreqbank | halt loans to Russia | Financials | United Arab Emirates |
Microsoft | suspend new sales in Russia but existing users can still access | Information Technology | United States |
Miele | suspend operations except exempt healthcare | Consumer Discretionary | Germany |
Milliken & Co | still operating in Russia | Materials | United States |
Miro | close office in Moscow & pause new sales | Utilities | Netherlands |
Nalco Water (Ecolab) | suspended services except services critical to health | Industrials | United States |
Natura | suspend some subsidiary operations but not all | United States | |
NielsenIQ | suspend consulting service but not core business | Industrials | United States |
Nokian Tyres | meaningfully reduce production in Russia | Consumer Discretionary | Finland |
Norsk Hydro | reduced deliveries and supplies to the contractual minimum for some commitments, and is suspending deliveries and supply in several contracts | Materials | Norway |
Oriflame Cosmetics | suspend online sales to end consumers but not others | Consumer Staples | Switzerland |
Orion | stop exports to Russia | Finland | |
Orsted | end coal and biomass purchases, refuse to pay for gas in roubles | Denmark | |
Pepsi | suspend operations in Russia except essentials | Consumer Staples | United States |
Pirelli | suspend new investments in Russia and scale back production | Consumer Discretionary | Italy |
PKN Orlen SA | stopped maritime oil shipments, diversifying supply | Energy | Poland |
Polskie Górnictwo Naftowe i Gazownictwo SA | halts import of Russian gas beginning 2023 | Energy | Poland |
PPG | scale back majority of operations and suspend new investments in Russia | Materials | United States |
Reliance | released intention for avoid Russian fuel | India | |
Rosenbauer | no new business; continue servicing fire engine pumps in Russian JV | Austria | |
Royal DSM | stopped all operations in Russia other than basic food/feed/essential health activities | Netherlands | |
Sabre | suspend certain partnerships with Aeroflot | Information Technology | United States |
Saint-Gobain | suspend exports and imports but not local operations | Industrials | France |
SBI | stopped processing transactions of sanctioned Russian entities | India | |
Scopely | suspend marketing and commerce | Utilities | United States |
SEB | scaling down operations in Russia | Sweden | |
Sinopec | suspend $500MM new investment and significant operations and partnerships | Energy | China |
Skadden | suspend certain operations in Russia but not all | Industrials | United States |
Tchibo | suspend coffee deliveries but not other lines | Consumer Staples | Germany |
Tennant | substantially suspending sales to Russia | Consumer Discretionary | United States |
Tetra Pak | stopped new investments and scaled down activities | Sweden | |
Tikkurila | reduce Russian operations; stop sales to aerospace | Finland | |
Tokio Marine | suspend new contracts and repatriate employees | Japan | |
Total Energies | no longer will provide capital for new projects in Russia/stop purchasing Russian oil | Energy | France |
Tungsram | stopped producing products and projects | Utilities | Hungary |
Uniper SE | suspend new Russian gas purchases/divest Unipro | Utilities | Germany |
Vattenfall | shifting energy purchases away from Russia | Sweden | |
Wartsila | suspend all deliveries and new sales to Russia; continue ongoing projects | Industrials | Finland |
Westinghouse Air Brake Technologies Corp | stopped sales to Russia | United States | |
Whirlpool | limiting production in Russia | Consumer Discretionary | United States |
Wolters Kluwer | scale back to just health products in Russia | Netherlands | |
Yum Brands | suspend operations of company-owned restaurants and new investments in Russia | Consumer Discretionary | United States |
ZF Friedrichshafen | stop all deliveries to Russia; maintain JVs | Industrials | |
Zoetis | suspend investments & focus on supply of medicines and vaccines | Health Care | United States |
Companies temporarily curtailing most or nearly all operations while keeping return options open... | |||
Name | Action | Industry | Country |
3M | suspend operations in Russia | Industrials | United States |
AAK | halted delivery and sales | Consumer Staples | Sweden |
Abrdn | suspend investments in Russia and reduce exposure | Financials | United Kingdom |
ACCA | suspend operations in Russia and Belarus | Utilities | United Kingdom |
Acer | suspend its business in Russia | Information Technology | Taiwan |
Adidas | suspend operations in Russia | Consumer Discretionary | Germany |
Adobe | suspend all sales in Russia | Information Technology | United States |
ADP | suspend sales/services to Russia | Information Technology | United States |
AICPA | suspend sale and delivery of services indefinitely | Utilities | United States |
Air Astana | suspend flights to Russia | Consumer Discretionary | Kazakhstan |
Airbus | suspend supply of parts to Aeroflot | Industrials | Netherlands |
Akamai | suspend sales in Russia | Information Technology | United States |
Akin Gump | suspend operations in Russia | Industrials | United States |
AL-KO Vehicle Technology | suspend deliveries to Russia and Belarus | Consumer Discretionary | Germany |
Alimentation Couche-Tard | suspend operations | Consumer Staples | Canada |
Alphabet | suspend all operations in Russia | Communication Services | United States |
Alstom | suspend shipments to Russia | Industrials | France |
AM Best | suspend all commercial activities to Russian clients | Information Technology | United States |
Amazon | suspend operations in Russia | Consumer Discretionary | United States |
Ambarella | suspend shipments into Russia | Information Technology | United States |
American Express | suspend operations in Russia | Financials | United States |
Amway | suspend operations in Russia | Consumer Staples | United States |
Analog Devices | suspend sales to Russia according to sanctions | United States | |
Aon PLC | suspend operations in Russia | Financials | United Kingdom |
Apple | suspend all sales | Information Technology | United States |
ARM | suspend shipments according to sanctions | United Kingdom | |
ASBIS | suspended economic activities in Russia | Cyprus | |
Asian Infrastructure Investment Bank | curtail Russian access to capital markets | Financials | China |
Association of International Certified Professional Accountants | indefinite suspension of services within Russia | Industrials | United States |
Aston Martin | suspend all shipments to Russia | Consumer Discretionary | United Kingdom |
Atlas Copco | suspend deliveries in Russia | Industrials | Sweden |
Atlassian | suspend software sales to Russia | Information Technology | Australia |
Audi | suspend operations at Kaluga assembly plant | Consumer Discretionary | Germany |
Azerbaijan Airlines | suspend flights to Russia | Consumer Discretionary | Azerbaijan |
B Lab | suspend Russian companies from obtaining certifications | Utilities | United States |
Badminton World Federation | cancel all tournaments | ||
Bang & Olufsen | suspended deliveries and sales to Russia | Consumer Discretionary | Denmark |
Bank of China | curtail Russian access to capital markets | Financials | China |
Bentley | suspend all shipments to Russia | Information Technology | United States |
Big Fish Games | suspend downloadable game business in Russia | Consumer Discretionary | United States |
BMW | suspend exports to and production in Russia | Consumer Discretionary | Germany |
BNP Paribas | suspend new business in Russia/curtail financing | Financials | France |
Boeing | suspend operations in Russia/titanium purchases | Industrials | United States |
Bombardier | restrict Russian business | Industrials | Canada |
Boosteroid Cloud Gaming | suspend services to Russia | Utilities | United Arab Emirates |
Boryszew | suspended operations in Russia | Materials | Poland |
Brav | suspend sales and operations in Russia | Norway | |
Bridgestone Tire | suspend manufacturing in Russia and shipments into | Consumer Discretionary | Japan |
BUDVAR Centrum Sp. | Poland | ||
Budweiser Budvar | suspends production and supply of beer | Consumer Staples | Czech Republic |
Burberry | suspend all shipments to Russia | Consumer Discretionary | United Kingdom |
Burger King (Restaurant Brands) | halt corporate support for franchises | Industrials | United States |
Buta Airways | suspend flights to Russia | Consumer Discretionary | Azerbaijan |
Canada Goose | suspend all shipments to Russia | Consumer Discretionary | Canada |
Canadian Tire | close Russia stores | Consumer Discretionary | Canada |
Canon | suspend deliveries in Russia | Information Technology | Japan |
CBRE | discontinue Russian business | Real Estate | United States |
CCC | suspends operations in Russia (delivery to Russia, further expansion) | Information Technology | Poland |
CERN | suspend Russia's obeserver status; halt new collaborations | Utilities | Switzerland |
Chanel | suspend all operations in Russia | Consumer Discretionary | France |
Chevron | Pausing all transactions and sales of refining products, lubricants, and chemicals | Energy | United States |
Chipperfield | suspend operations in Russia | Consumer Discretionary | United Kingdom |
Cie Automotives | temporarily shut down aluminum plant | Consumer Discretionary | Spain |
Ciena | suspend business operations in Russia | Information Technology | United States |
Cisco | suspend all operations in Russia | Information Technology | United States |
Citi | expand the scope of the exit process | Financials | United States |
Citrix | suspend all sales to Russia | Information Technology | United States |
Cleary Gottlieb | suspend Russian operations | Industrials | United States |
Clorox | suspend business activity in Russia | Consumer Staples | United States |
Clutch | suspend all business activity | Utilities | United States |
CMA CGM | suspend all shipments to Russia | Industrials | France |
CME Group | suspend acceptance of certain Russian commodities | Financials | United States |
CNH Industrial | suspend sales to Russia | Italy | |
Coca-Cola | suspend certain operations in Russia | Consumer Staples | United States |
Cogent Communications | cut all internet to Russia | Communication Services | United States |
Commerzbank | suspend operations in Russia | Financials | Germany |
Conde Nast | suspend all publishing operations | Utilities | United States |
Conformis | suspend distribution operations in Russia | Health Care | United States |
Costco | stopped purchases from Russia | Consumer Discretionary | United States |
Coty | suspend commercial operations in Russia | Consumer Staples | United States |
Credit Agricole | suspend all services in Russia | Financials | France |
Crocs | suspend D2C business | Consumer Discretionary | United States |
d&b audiotechnik | suspend all shipments to Russia | Consumer Discretionary | Germany |
DACHSER | suspend deliveries to Russia | Utilities | Germany |
Danaher | suspended shipments to Russia except for humanitarian medical products | Industrials | United States |
Dassault Aviation | suspend all shipments to Russia | Industrials | France |
Debevoise & Plimpton | suspend operations in Russia | Industrials | United States |
Decathlon | suspend the operation of its stores in Russia | Consumer Discretionary | France |
Dell | suspend all shipments to Russia | Information Technology | United States |
Depositphotos | stop all sales and services to Russia | Utilities | Ukraine |
Deutsche Bank | wind down business in Russia | Financials | Germany |
DHL | suspend all shipments to Russia | Industrials | Germany |
Diageo | suspend all shipments to Russia | Consumer Staples | United Kingdom |
DirecTV | cut Kremlin backed TV networks | Communication Services | United States |
Discover | suspend efforts to establish Russian presence | Communication Services | United States |
Disney | pause new content releases | Communication Services | United States |
DKV Mobility | stop all activity for Russian domestic business | Information Technology | Germany |
DPD | suspend shipments to Russia | Industrials | Germany |
DSV A/S | suspend all shipments to Russia | Industrials | Denmark |
Dunkin Donuts | halt corporate support for franchisees | Consumer Discretionary | United States |
DuPont | suspend operations in Russia and Belarus | Materials | United States |
eDreams ODIGEO | cease all operations involving Russia | Consumer Discretionary | Spain |
Edrington | suspend all shipments to Russia | Consumer Staples | United Kingdom |
Egon Zehnder | stop operations in Russia | Industrials | United States |
Electrolux | suspending all shipments into Russia | Sweden | |
Elopak | suspends all activities | Materials | Norway |
Embraer | suspend supplying parts and services to Russia | Industrials | Brazil |
Epiroc | pause all deliveries to Russia and no operations domestically | Consumer Staples | Sweden |
Eppendorf SE | suspend exports to Russia; keep rep office open | Health Care | Germany |
Epson | suspend exports to Russia & Belarus | Consumer Discretionary | Japan |
Equinix | suspend Russian partnerships and customers | Real Estate | United States |
Ericsson | suspend all shipments to Russia | Information Technology | Sweden |
Estee Lauder | suspend operations in Russia | Consumer Staples | United States |
European University Association | cease cooperation with governmental agencies in Russia | ||
Exor | holding company's assets are suspending operations | Financials | Netherlands |
FedEx | suspend all shipments to Russia | Industrials | United States |
Ferrari | suspend sales in Russia | Consumer Discretionary | Italy |
FIDE | suspend Russian & Belarussian teams from participation in tournaments | Switzerland | |
Finnlines | suspend all traffic to Russia | Utilities | Finnland |
Fiverr | suspend business | Utilities | Isarel |
Ford | suspend joint ventures in Russia | Consumer Discretionary | United States |
Foster + Partners | stop work on projects in Russia | Consumer Discretionary | United Kingdom |
Fugro | suspend all projects in Russia | Netherlands | |
Fujitsu | cease orders and shipments to Russia | Consumer Discretionary | Japan |
Galp | suspend Russian oil-product purchases; eliminate Russian exposure | Energy | Portugal |
Garmin | stop all future trade with Russia | United States | |
Geberit | discontinue all operations in Russia but continue to pay employees | Industrials | Switzerland |
Gestamp | stopped production | Consumer Discretionary | Spain |
GetYourGuide | suspend all Russian operations | Utilities | Switzerland |
GM | suspend all shipments to Russia | Consumer Discretionary | United States |
Goodyear | suspend shipments of tires to Russia | United States | |
Graphisoft | suspended new activities, disabled access to our commercial services in Russia | Information Technology | Hungary |
Grundfos | suspend all operations and sales in Russia | Denmark | |
Grupo Antolín | suspend operations in Russia | Consumer Discretionary | Spain |
Grupo Bimbo | Suspended distribution of the Bimbo Brand at retail, but left Moscow Bimbo QSR plant operating for food service products | Consumer Staples | Mexico |
H&M | suspend all shipments to Russia | Consumer Discretionary | Sweden |
Hannover Re | halt underwriting business | Utilities | Germany |
Hapag Lloyd | suspend all shipments to Russia | Industrials | Germany |
HARIBO | suspend production to Russia | Consumer Staples | Germany |
Harley-Davidson | suspending all business in Russia | Consumer Discretionary | United States |
Hermes | suspend all operations in Russia | Consumer Discretionary | France |
Herzog & de Meuron | suspend work on Russian projects | Utilities | Switzerland |
HHLA | suspend entry of Russian shipments at owned ports | Financials | Germany |
Hitachi Construction | suspend all shipments to Russia | Industrials | Japan |
HMM | suspend all shipments to Russia | Industrials | South Korea |
Honda | suspend all shipments to Russia | Consumer Discretionary | Japan |
Honey Group | suspend sales to Russia | Consumer Staples | Finland |
Honeywell | suspend virtually all sales in Russia | Industrials | United States |
HP Enterprise (Independent from HP Inc.) | suspend all shipments to Russia | Industrials | United States |
HP Inc. | suspend all shipments to Russia | Information Technology | United States |
Hugo Boss | temporarily close stores and e-commerce sites | Consumer Discretionary | Germany |
Hyundai | suspend manufacturing in Russia | Consumer Discretionary | South Korea |
Iberia | canceling flights to Russia | Consumer Discretionary | Spain |
IBM | suspend technology sales to Russia on Feb 24 | Information Technology | United States |
ICBC | curtail Russian access to capital markets | Financials | China |
Ikea | suspend all operations in Russia | Consumer Discretionary | Sweden |
Illinois Tool Works | suspension of sales to Russia | United States | |
Imperial Brands | suspend operations in Russia | Consumer Staples | United Kingdom |
Indeed | suspend service in Russia | Industrials | United States |
Inditex | close Russian stores and suspend sales | Consumer Discretionary | Spain |
Institute of Internal Auditors | suspend business in Russia | Consumer Discretionary | United States |
Intel | suspend sales to Russia | Information Technology | United States |
Interactive Advertising Bureau | suspend licensing in Russia and Belearus | Utilities | United States |
Intercomm Foods | Stopping shipments to Russia | Consumer Staples | Greece |
International Canoe Federation | suspend Russian athletes & relocate Russian events | ||
International Federation of Sport Climbing | suspend Russian teams from participation; supend Russian events | ||
International Paraolympic Committe | bar Russian atheletes | ||
Intuit | suspend customer accounts | Information Technology | United States |
Jablotron | halts sales and blocks data services to products assempled in Russia | Consumer Discretionary | Czech Republic |
JCB | suspend operations in Russia | Financials | Japan |
JD Sports | suspend operations in Russia | Consumer Discretionary | United Kingdom |
Johnson Controls | suspend operations in Russia | Industrials | Ireland |
Julipedra | suspended exports to Russia | Materials | Portugal |
Jungheinrich | keep Russia office; stop exports to Russia | Industrials | Germany |
Juniper Networks | suspend sales in Russia | Information Technology | United States |
Kemira | suspend deliveries to Russia | Consumer Discretionary | Finland |
Kepenou Mills | stop wheat orders from Russia | Consumer Staples | Greece |
Kering | close all stores in Russia | Consumer Discretionary | France |
Kerry Group | suspending operations | Consumer Staples | Ireland |
KGHM | suspended Russian contracts, subsidiary ZANAM Vostok in Russia | Materials | Poland |
Kinross Gold | suspend operations in Russia | Materials | Canada |
Knight Frank | suspend substantive operations in Russia | Real Estate | United Kingdom |
Komatsu | suspend all shipments to Russia | Industrials | Japan |
KONE | suspend deliveries to Russia & stop new Russian orders | Consumer Discretionary | Finland |
Konica Minolta | new shipments suspended | Consumer Discretionary | Japan |
Korn Ferry | suspend business in Russia | Communication Services | United States |
Kurokesu | suspend shippments to Russia | Consumer Discretionary | Lithuania |
L'Occitane | close all stores and e-commerce site in Russia | France | |
L'Oreal | suspend operations in Russia | Consumer Discretionary | France |
LCBO | suspend Russian-produced products | Consumer Staples | Canda |
Lego | suspend all shipments to Russia | Industrials | Denmark |
Leica Camera AG | suspend operations in Russia | Information Technology | Germany |
Leonardo | pause all JVs in Russia; helicopter production | Italy | |
Levi Strauss | suspend all sales in Russia | Information Technology | United States |
Lexmark | suspend shipments to Russia | Consumer Discretionary | United States |
LG Electronics | suspend all shipments to Russia | Materials | South Korea |
Lindt-Sprungli | suspend operations in Russia | Industrials | Switzerland |
Little Caesar's | suspend Russian franchise support | Communication Services | United States |
Lladró | suspended service and shipment to Russia. No new requests | Consumer Discretionary | Spain |
Logitech | suspend shipments to Russia | Financials | Switzerland |
Louis Dreyfus | suspend operations in Russia | Consumer Staples | Netherlands |
Lumen | cut networks to Russia | Communication Services | United States |
LUSH | suspend online sales & supply to Russia | Consumer Discretionary | United Kingdom |
LVMH | suspend all operations in Russia | Consumer Discretionary | France |
M&G | phased divestment of Russian assets | Consumer Discretionary | United Kingdom |
Maersk | suspend all shipments to Russia | Industrials | Denmark |
Magna | suspend Russian plants | Consumer Discretionary | Canada |
Magna Steyr | suspend deliveries to Russia | Austria | |
Mango | suspend direct operations in Russia | Spain | |
Mannheimer Swartling | suspend all operations | Utilities | Sweden |
Manolo Blahnik | suspend sales to Russia | Consumer Discretionary | United Kingdom |
Marks & Spencer | suspend all shipments to Russia | Consumer Staples | United Kingdom |
Marvell | suspend all sales to Russia in compliance with sanctions | United States | |
Mastercard | suspend operations in Russia | Information Technology | United States |
Mattel | suspend shipments into Russia | Consumer Discretionary | United States |
Mazda | suspend all shipments to Russia | Consumer Discretionary | Japan |
McCain Foods | suspend operations in Russia | Consumer Staples | Canada |
McCormick | suspend operations in Russia | Consumer Staples | United States |
McDonald's | suspend direct operations/restaurants | Consumer Discretionary | United States |
Meggit | cease all imports and exports with Russia | Industrials | United Kingdom |
Mercedes-Benz | suspend all shipments to Russia | Industrials | Germany |
Meta | suspend Russian advertising | Communication Services | United States |
Metsa | suspend operations at Russian mill | Finland | |
Metso Outotec | suspend all shipments to Russia | Industrials | Finland |
Mettler Toledo | suspend all shipments to Russia | Health Care | United States |
Michelin | suspended all operations in Russia | Consumer Discretionary | France |
Micron | Suspend shipments to Russia according to sanctions | United States | |
Milk Hydrosan sp. z o.o. | suspended Russian contracts | Industrials | Poland |
Mitsubishi Motors | suspended operations at Russian plant | Japan | |
Mobatime (Elekon) | stopped activity and remotly stopped clock on Russian Academy of Sciences | Consumer Discretionary | Czech Republic |
Moncler | suspend operations in Russia | Consumer Discretionary | Italy |
MongoDB | suspend sales to Russia and Belarus | United States | |
Mothercare | suspend operations in Russia | Consumer Discretionary | United Kingdom |
Motorola Solutions | suspend service orders to Russia | United States | |
Munich Re | not renew current contracts & suspend new business | Germany | |
MV Group | suspends all imports and orders, froze partner brands | Consumer Staples | Lithuania |
MVRDV | suspend operations in Russia | Industrials | Netherlands |
Namecheap | stop offering products to Russia | Information Technology | United States |
NCR | suspend sales to Russia | Information Technology | United States |
Nemak | halt production in Russia | Consumer Discretionary | Mexico |
Neste Oyj | suspend purchases of Russian oil | Energy | Finland |
NetApp | suspend business operations in Russia | Information Technology | United States |
New Development Bank | curtail Russian access to capital markets | Financials | China |
NHL | pause all partnerships in Russia | Financials | United States |
Niantic Labs | products made unavailable in Russia | Consumer Discretionary | United States |
Nike | suspend all operations in Russia | Consumer Discretionary | United States |
Nintendo | suspend all sales in Russia | Communication Services | Japan |
Nissan | suspend all shipments to Russia | Consumer Discretionary | Japan |
Nozbe | cut off services for Russia and Belarus | Utilities | Poland |
Nutanix | pause all sales and support to Russia | Information Technology | United States |
Nvidia | suspend all sales in Russia | Information Technology | United States |
NXP Semiconductors | suspend all shipments to and business with Russia | Information Technology | Netherlands |
Olvi | stop exports to Russia | Consumer Staples | Finland |
Oracle | suspend all operations in Russia | Information Technology | United States |
Panasonic | suspend operations in Russia | Consumer Discretionary | Japan |
Papa John's | suspend support for all Russian franchises | Consumer Discretionary | United States |
Paramount | pause new content releases to Russia | Communication Services | United States |
Payoneer | close Russian accounts | Information Technology | United States |
Paypal | suspend operations in Russia | Information Technology | United States |
Peak Design | shut down sales to Russia | Consumer Staples | United States |
Pernod-Ricard | suspended all operations in Russia | Consumer Staples | France |
Pivovary Staropramen | suspended beer exports | Consumer Staples | Czech Republic |
Plzeňský Prazdroj | suspend sales to Russia | Consumer Staples | Czech Republic |
Polaris | suspend exports to Russia | United States | |
Ponsse PLC | discontinue all operations in Russia | Industrials | Finland |
Porsche | end shipments of new cars; dealerships running and warranty obligations honored | Consumer Discretionary | Germany |
Prada | suspend operations in Russia | Consumer Discretionary | Italy |
Preem AB | suspend purchases of Russian oil | Energy | Sweden |
Puma | suspend all shipments to Russia | Consumer Discretionary | Germany |
PVH | suspend operations in Russia | Consumer Discretionary | United States |
QS | cease activity with Russian customers & cease promotion of Russian universities | United Kingdom | |
Qualcomm | suspend shipments to Russia | Information Technology | United States |
Rabobank | curtail Russian access to capital markets | Financials | Netherlands |
Rakovnický Pivovar | stopped exports and withdrew some products for sale in Russia | Consumer Staples | Czech Republic |
Ralph Lauren | pause operations in Russia | Consumer Discretionary | United States |
Raytheon | suspend operations in Russia | Industrials | United States |
Reface.ai | suspend all new downloads and updates of app in Russia | Ukraine | |
Reima | suspend all sales into Russia | Finland | |
Remitly Global | stop accepting new users in Russia | Information Technology | United States |
Renault | suspend operations in Russia | Consumer Discretionary | France |
Richemont | suspend all operations in Russia | Consumer Discretionary | Switzerland |
Ricoh | suspend shipments to Russia | Information Technology | Japan |
Roca | closure of plants | Consumer Discretionary | Spain |
Rockwell Automation | suspend operations in Russia | Industrials | United States |
Rolls Royce | suspend all shipments to Russia | Industrials | United Kingdom |
Rovio | remove games from app stores in Russia | Utilities | Finland |
Royal Society of Chemistry | pause activities with Russian institutions | United Kingdom | |
Safran | stop all activities in Russia | Industrials | France |
Samsonite International | suspend operations in Russia | Consumer Discretionary | Luxembourg |
Samsung | suspend all shipments to Russia | Information Technology | South Korea |
Sandvik | suspend all operations in Russia | Industrials | Sweden |
SAP | stop all sales to Russia and shut down cloud operations | Information Technology | Germany |
Scandinavian Tobacco | suspend most operations in Russia | Consumer Staples | Denmark |
Scania | suspend all sales in Russia | Industrials | Sweden |
Schwarz Group | stop sales of Russian products in stores | Germany | |
SKF | pause exports to Russia and stop production in Russia | Industrials | Sweden |
Skytrax | suspend all audit and rating analysis | United Kingdom | |
Snap | suspend all sales to Russia | Communication Services | United States |
SonoSim | suspend distributor relationship in Russia | Health Care | United States |
Sony | pause release of new films in Russia, suspending console and game sales in Russia | Consumer Discretionary | Japan |
SriLankan Airlines | suspend flights between Sri Lanka and Russia | Sri Lanka | |
SSAB | shipments and sales to Russia discontinued | Sweden | |
Starbucks | suspend all operations in Russia | Consumer Discretionary | United States |
Stellantis | suspend operations in Russia | Consumer Discretionary | Netherlands |
Stora Enso | stop all production and sales in Russia | Materials | Finland |
Storytel | pause operations in Russia | Utilities | Sweden |
Subaru | suspend all shipments to Russia | Consumer Discretionary | Japan |
Sumitomo Group | scaling back or suspending all Russian-related business | Japan | |
Supercell | remove games from app stores in Russia | Utilities | Finland |
Swatch | suspend direct operations in Russia | Consumer Discretionary | Switzerland |
Sylvamo | suspend operations in Russia | Materials | United States |
Systemair | suspend all sales to Russia | Sweden | |
T Machinery | Stopped cooperation | Industrials | Czech Republic |
Tanin | goods are stopped | Consumer Discretionary | Slovenia |
Tata Motors | paused sales of Jaguar Land Rover in Russia | Consumer Discretionary | India |
Tendam | suspend activity in Russia | Consumer Discretionary | Spain |
The Navigator Company | suspend all marketing in Russia | Materials | Portugal |
Thermo Fisher | suspend sales and manufacturing in Russia | Health Care | United States |
TikTok | suspend operations in Russia | Communication Services | United States |
Timken | suspend operations in Russia | Industrials | United States |
Tous | close shops and online store in Russia | Consumer Discretionary | Spain |
Toyota | suspend all shipments to Russia | Consumer Discretionary | Japan |
Trane Technologies | suspend shipments to Russia | Industrials | Ireland |
Trelleborg Group | suspended deliveries and sales to Russia | Industrials | Sweden |
Trimble | suspend all sales in Russia | Information Technology | United States |
TSMC | suspend all shipments to Russia | Information Technology | Taiwan |
TTC Holding | suspended activities | Real Estate | Czech Republic |
Twin Disc | suspend all shipments to Russia | Industrials | United States |
suspend certain operations in Russia | Communication Services | United States | |
Ubisoft | suspend new sales to Russia | Utilities | France |
UiPath | suspend sales in Russia | United States | |
UL | stop all work in Russia and Belarus | United States | |
Under Armour | suspend all shipments to Russia | Consumer Discretionary | United States |
Uniqlo/Fast Retailing | suspend operations in Russia | Industrials | United States |
Universal | suspend operations in Russia | Health Care | United States |
UPM | temporarily suspend operations and sales in Russia | Finland | |
UPS | suspend all shipments to Russia | Industrials | United States |
Valero Energy | suspend purchases of Russian oil | Energy | United States |
Vičiūnai | suspended all investments, operations, productions, and trade | Consumer Staples | Lithuania |
Vietnam Airlines | suspend flights to Russia | Consumer Discretionary | Vietnam |
Visa | suspend operations in Russia | Information Technology | United States |
Viva | suspend purchases of Russian oil | Energy | Australia |
VMWare | suspend operations in Russia | Information Technology | United States |
Volkswagen | suspend all shipments to Russia | Consumer Discretionary | Germany |
Volvo | suspend all shipments to Russia | Industrials | Sweden |
WarnerMedia | pause new content releases | Communication Services | United States |
WEKA | suspend business and concrete deals with Russia | Information Technology | United States |
Western Union | suspend operations in Russia | Information Technology | United States |
WeTransfer | suspend all services in Russia | Financials | United States |
William Grant & Sons | suspend all shipments to Russia | Consumer Staples | United Kingdom |
Wise PLC | suspend Russian partnerships | Information Technology | United Kingdom |
Wizz Air | Air flights to/from Russia are temporarily suspended | Industrials | Hungary |
Xerox | suspend shipments to Russia | Information Technology | United States |
Yara | suspend all imports from Russia | Norway | |
YKK Group | suspend operations in Russia | Industrials | Japan |
Yokohama | halt production in Russia | Industrials | Japan |
Zegna Group | suspended all shipments to and production for Russia partners | Italy | |
Zetor | suspend all cooperation with Russia | Industrials | Czech Republic |
ZHA | suspend operations in Russia | Industrials | United Kingdom |
Zynga | suspend all installations, monetization and marketing support | Consumer Discretionary | United States |
Companies totally halting Russian engagements or completely exiting Russia... | |||
Name | Action | Industry | Country |
Accenture | exiting Russia completely | Information Technology | Ireland |
Accountor | withdrawal from Russia | Information Technology | Finland |
Acronis | suspend operations in Russia | Information Technology | Switzerland |
Activision Blizzard | suspend all sales in Russia | Communication Services | United States |
Adamed | halted sales to Russia | Health Care | Poland |
Adenza | suspend operations in Russia | Industrials | United Kingdom |
AECOM | suspend operations in Russia | Industrials | United States |
AerCap | cease lending to Russians | Industrials | Ireland |
Air Malta | suspend all flights to and from Russia | Industrials | Malta |
Air Products | full divestiture from Russia | Materials | United States |
AirBaltic | leave Russian market until further notice | Consumer Discretionary | Latvia |
Airbnb | suspend bookings in Russia | Consumer Discretionary | United States |
Akvelon | close offices in Moscow | Information Technology | United States |
Alaska Airlines | suspend Russian partnerships | Industrials | United States |
Alcoa | suspend all business with Russia | Materials | United States |
Aldi | remove products from Russia | Consumer Staples | Germany |
Allegro | bans Russian & Belarussian products | Consumer Discretionary | Poland |
Allen & Overy | wind down Russian operations | Industrials | United Kingdom |
AMD | suspend all sales to Russia | Information Technology | United States |
American Airlines | no flying over Russian airspace/suspension of Russian partnerships | Industrials | United States |
Ametek | closing TPM Russia subsidiary due to war in Ukraine | United States | |
Amica | suspended Russian exports | Consumer Discretionary | Poland |
ArcelorMittal | removed all Russian materials from supply chain | Materials | Luxembourg |
Arendt & Medernach | close Russian office and suspend select Russian client engagements | Industrials | Luxembourg |
Arla | suspends all operations | Consumer Staples | Denmark |
Asda | remove products from Russia | Consumer Staples | United Kingdom |
Asos | suspend all shipments to Russia | Consumer Discretionary | United Kingdom |
Assicurazioni Generali | exit Russia completely | Financials | Italy |
Atos | exit from Russia | Information Technology | France |
Atria | exit business in Russia | Consumer Staples | Finland |
Authentic Brands Group - Reebok | successfully completed suspension of all operations | Industrials | United States |
Autodesk | suspend operations in Russia | Information Technology | United States |
Avantor | discontinue all sales into Russia, direct and indirect | United States | |
Avery Dennison | exit Russian operations | Materials | United States |
Avid | suspend all sales to Russia | Information Technology | United States |
Bain | suspend consulting for all Russian businesses | Financials | United States |
Baker Botts | suspend operations in Russia | Industrials | United States |
Baker McKenzie | suspend services for all Kremlin entities only | Industrials | United States |
Baker Tilly | gradual wind down of operations in Russia | Industrials | United Kingdom |
Bakoma | withdrew from Russia completely prior to aggression | Consumer Staples | Poland |
Ball Corporation | leave Russia completely | Materials | United States |
Banco Santander SA | no presence in Russia; exposure to Ukrainian and Russian assets negligible | Financials | Poland |
BBDO | exit Russian operations | Communication Services | United States |
BCG | suspend all consulting in Russia | Industrials | United States |
Bestseller | stop all sales to Russia | Denmark | |
BlackRock | curtail Russian access to capital markets | Financials | United States |
Bolt | suspend Russian partnerships | Information Technology | Estonia |
Bonava | close operations in Russia | Sweden | |
Boohoo Group | suspend all shipments to Russia | Consumer Discretionary | United Kingdom |
Booking | suspend bookings in Russia | Consumer Discretionary | United States |
Bose | suspend all operations in Russia | Consumer Discretionary | United States |
BP | suspend operations/divest from 20% Rosneft stake | Energy | United Kingdom |
British American Tobacco | exit Russian operations | Consumer Staples | United Kingdom |
Brown-Forman | suspend commercial operations in Russia | Consumer Staples | United States |
Bryan Cave | exit Russian operations | Industrials | United States |
Bumble | suspend operations in Russia | Communication Services | United States |
Cargolux | suspend all shipments into and through Russia | Industrials | Luxembourg |
Carlsberg | exit Russia completely | Consumer Staples | Denmark |
Carnival | discontinue Russia itineraries | Consumer Discretionary | United States |
CD Projekt | suspends sales of products in Russia & Belarus | Communication Services | Poland |
Centrica | exit gas supply partnership with Gazprom | Utilities | United Kingdom |
Ceratizit | stop all deliveries to Russia and Belarus | Industrials | Luxembourg |
Cersanit | put up its Russian business for sale | Poland | |
Ciech | suspended Russian exports | Materials | Poland |
Clarivate | exit Russian operations | Industrials | United Kingdom |
Clifford Chance | suspend certain Russian relationships | Industrials | United Kingdom |
Colliers | Discontinued business in Russia | Real Estate | Canada |
Comarch | halts orders from Russia & Belarus | Information Technology | Poland |
Compass Group | permanently exit Russian market | Consumer Staples | United Kingdom |
Coop | fully divest Russian operations Transgourmet via management buyout | Financials | Switzerland |
Coupa | suspend operations in Russia | Information Technology | United States |
Coursera | suspend operations in Russia | Consumer Discretionary | United States |
CRH | withdrawal from Russia | Materials | Ireland |
Cummins | exit Russian operations | Industrials | United States |
Currency.com | halting operations for residents of Russian | Financials | United Kingdom |
Cushman & Wakefield | close office in Russia; transfer to local partner | Real Estate | United States |
Daimler | suspending all business in Russia | Consumer Discretionary | Germany |
Danfoss | exit Russia completely | Denmark | |
DB Schenker | suspend all shipments to Russia | Industrials | Germany |
DDB | exit Russian operations | Industrials | United States |
Dechert | suspend operations in Russia | Industrials | United States |
Deezer | suspend operations in Russia | Communication Services | France |
Deichmann | stop operations in Russia | Consumer Discretionary | Germany |
Deloitte | leaving Russia completely | Industrials | United States |
Delta Air Lines | suspend agreement with Aeroflot | Industrials | United States |
Demant | stop all sales to Russia | Denmark | |
Dentons | exit Russian operations | Industrials | Switzerland |
Dentsu International | divest joint venture/leave Russia | Communication Services | United Kingdom |
Deutsche Telekom | close Russian business | Communication Services | Germany |
Dino Polska | removed Russian products | Consumer Staples | Poland |
DLA Piper | suspend certain operations in Russia | Industrials | United States |
Dr. Oetker | stops sales and production in Russia; transferred ownership of production facilities | Consumer Staples | Germany |
DXC Technology | leaving Russia completely | Information Technology | United States |
EarthDaily Analytics | suspend operations in Russia | Industrials | United States |
eBay | suspend all shipments to Russia | Consumer Discretionary | United States |
Edeka | remove Russian food from store shelves | Germany | |
edX | withdraw from all Russian partnerships | United States | |
Electronic Arts | suspend all operations in Russia | Communication Services | United States |
Elisa Esports | ban Russian teams from participating in tournaments | Utilities | Finland |
ENEOS | stop purchases of Russian crude | Japan | |
Eni | divest Russian pipeline | Energy | Italy |
EPAM | discontinue servicing Russian customers | Information Technology | United States |
Equinor | exit joint ventures in Russia | Energy | Norway |
Esri | curtailing sales to Russia | Information Technology | United Kingdom |
Etsy | deactivate all listings from Russian sellers | Consumer Discretionary | United States |
Eurovision | ban on all Russian competition | Financials | United Kingdom |
Eversheds Sutherland | close Russia office | Industrials | United Kingdom |
Expedia | suspend bookings in Russia | Consumer Discretionary | United States |
Exxon | exit Rosneft partnership | Energy | United States |
EY | leaving Russia completely | Industrials | United States |
Famur | suspended Russian exports | Industrials | Poland |
Farfetch | suspend all shipments to Russia | Consumer Discretionary | United Kingdom |
Fazer | suspend operations in Russia | Consumer Staples | Finland |
Ferragamo | suspend all shipments to Russia | Consumer Discretionary | Italy |
FICO | exiting all work in Russia | Information Technology | United States |
FIFA | ban Russian athletes from competing | Industrials | Switzerland |
Fiskars | withdraw completely from the Russian market | Consumer Discretionary | Finnland |
Fitch | suspend operations in Russia | Financials | United States |
FMC Corporation | discontinue all business and operations | Materials | United States |
Fonterra | exit its businesses in Russia. | Consumer Staples | New Zealand |
Formula One | suspend all operations in Russia | Communication Services | United Kingdom |
Fortinet | suspend operations in Russia | Information Technology | United States |
Freshfields | closing business in Russia | Industrials | United Kingdom |
G2A | block marketplace for Russian users | Communication Services | Netherlands |
Geodis | suspend all shipments to Russia | Industrials | France |
Global Foundries | suspend all shipments to Russia | Information Technology | United States |
GoDaddy | discontinue all Russian services | Information Technology | United States |
Gowling | leave Russia | Utilities | Canada |
Grainpro | suspend all operations in Russia | Materials | United States |
Grammarly | suspend operations in Russia | Information Technology | United States |
Grant Thornton | closing business in Russia | Industrials | United States |
Grohe | cease all activities with Russia | Germany | |
Grupa Azoty | stopped exporting its products to Russia or Belarus | Materials | Poland |
Haniel | unwind all Russian business | Materials | Germany |
Heidrick & Struggles | ceased all operations in Russia | Industrials | United States |
Heineken | exit Russia completely | Consumer Staples | Netherlands |
Hempel | exit Russia | Industrials | Denmark |
Henkel | in process of exiting business activities in Russia | Consumer Staples | Germany |
Herbert Smith Freehills | suspend operations in Russia | Industrials | Australia |
Hogan Lovells | exit Russian operations | Industrials | United Kingdom |
Holcim | exit Russian market completely | Materials | Switzerland |
Huhtamaki | divest Russian operations | Finland | |
Infosys | shutting down operations in Russia | India | |
InPost | stop purchasing services/goods from Russian & Belorussian companies | Industrials | Poland |
Intercontinental Exchange | curtail Russian access to capital markets | Financials | United States |
International Boxing Federation | ban on all Russian competition | Industrials | France |
International Cat Federation | ban Russian cats from competitions | Industrials | Canada |
International Cycling Union | ban on all Russian competition | United States | |
International Ice Hockey Federation | ban on all Russian competition | Switzerland | |
International Olympic Committee | ban Russian athletes from competing | Switzerland | |
International Skating Union | ban on all Russian competition | Switzerland | |
International Tennis Federation | suspend Russian partnerships | Industrials | United Kingdom |
International Weightlifting Federation | ban on all Russian competition | Switzerland | |
Interpublic Group | exit Russian operations | Communication Services | United States |
ISS | divestment of all Russian business by end of year | Denmark | |
J Sainsbury | remove products from Russia | Consumer Staples | United Kingdom |
Jabil | closed its site in Russia | United States | |
Jamie Oliver | exit franchise agreement | Consumer Staples | United Kingdom |
Jan de Nul | close rep office and withdraw ships | Industrials | Luxembourg |
JetBrains | suspend all activity indefinitely | Information Technology | Czech Republic |
JLL | Separated operations in Russia. | Real Estate | United States |
JYSK | suspend operations in Russia | Financials | Denmark |
Kalnapilis-Taurus | termination of export ties and production in Russian Market | Lithuania | |
Kearney | suspend work with Russian clients | Industrials | United States |
Kesko | stop sales to Russia and imports from Russia | Finland | |
Kiilto | seeking exit from Russian business | Finland | |
Kingspan | suspend operations in Russia | Industrials | Ireland |
KLP | exit all investment holdings in Russia | Norway | |
Knorr-Bremse | stop shipments to Russia; end JVs | Industrials | Germany |
Konecranes | stop all orders from Russia | Finland | |
Korean Air Lines | no flying over Russian airspace until the end of April | Industrials | South Korea |
KPMG | leaving Russia completely | Industrials | United States |
Krispy Kreme | winding down business in Russia | Consumer Discretionary | United States |
Krombacher | stopped exports to Russia | Consumer Staples | Germany |
Kuehne + Nagel AG | suspend all shipments to Russia | Industrials | Switzerland |
Latham & Watkins | suspend operations in Russia | Consumer Discretionary | United States |
Lincoln Electric | ceased all operations | Consumer Discretionary | United States |
Linklaters | suspend operations in Russia, with entities connected to the Russian state | Consumer Discretionary | United Kingdom |
Live Nation Entertainment | suspend all operations in Russia | Information Technology | United States |
London Stock Exchange Group | curtail Russian access to capital markets | Consumer Staples | United Kingdom |
LPP | left Russia | Consumer Discretionary | Poland |
Lufthansa | suspended flights and ended Russian aircraft maintenance | Industrials | Germany |
Marsh McLennan | exit operations in Russia | Financials | United States |
McKinsey | suspend all consulting in Russia | Industrials | United States |
Mitsubishi Electric | stop sales to Russia | Japan | |
Mitsubishi UFJ Financial Group | close operations in Russia | Japan | |
Monroe Energy | suspend partnerships with Russia | Energy | United States |
Moody's | suspend operations within Russia | Financials | United States |
Morgan Advanced Materials | suspend all operations in Russia | Industrials | United Kingdom |
Morgan Lewis | suspend operations in Russia | Industrials | United States |
Morrisons | remove products from Russia | Consumer Staples | United Kingdom |
MSC | temporary suspension of all shipments to Russia | Financials | United States |
MSCI | curtail Russian access to capital markets | Financials | United States |
Nasdaq | curtail Russian access to capital markets | Financials | United States |
Naspers | separate from Avito and fully exit Russia | Consumer Discretionary | South Africa |
NCAB Group AB | Sold assets and ceased operations in Russia | Industrials | Sweden |
Netflix | suspend operations in Russia | Communication Services | United States |
Netscout | suspend Russian operations | Information Technology | United States |
Nokia | pulling out of Russia completely | Information Technology | Finland |
Norton Rose Fulbright | exit from Russia | Industrials | United Kingdom |
Norwegian Cruise Lines | discontinue Russian itineraries | Consumer Discretionary | United States |
OBI | suspend operations in Russia | Consumer Discretionary | Germany |
Oceania Cruises | discontinue Russian itineraries | Consumer Discretionary | United States |
Omnicom Group, Inc. | exit Russian operations | Communication Services | United States |
Omnicom Media Group | exit Russian operations | Communication Services | United States |
OneWeb | suspend use of Russian airspace | Communication Services | United States |
Orkla | exit Russian operations | Consumer Staples | Norway |
Orlen Lietuva | stopped Russian oil imports | Energy | Poland |
Pandora | stop all sourcing from Russia | Denmark | |
Par Pacific | suspend partnerships with Russia | Energy | United States |
Parker Hannifin | closed our office and warehouse facility in Moscow and no longer do business in this country | United States | |
Paulig | suspend operations in Russia | Consumer Staples | Finland |
Pekao SA | transactions in Russian ruble suspended | Financials | Poland |
PGL Esports | exclusion of esports teams and individuals with connections to the Russian government from upcoming competition | United States | |
PKO BP | suspends transactions with Russian banks transactions in Russian ruble suspended | Financials | Poland |
Playmobil | stop all sales to Russia | Consumer Discretionary | Germany |
Prio | ceased purchase of any products from Russian or directly related companies | Energy | Portugal |
Prosus | divest from local subsidiary | Netherlands | |
Publicis Groupe | cede ownership to local affiliates | Communication Services | France |
PwC | leaving Russia completely | Industrials | United States |
PZU SA | reduced position in Russian bonds to zero | Financials | Poland |
Qantas Airlines | no longer flies over Russian territory | Australia | |
R&A | ban on all Russian competition | Industrials | United States |
Radio Free Europe | suspend operations in Russia | Communication Services | Czech Republic |
Reckitt Benckiser Group | begins a process aimed at transferring ownership of its Russia business | Consumer Staples | United Kingdom |
Regent Seven Seas Cruises | discontinue Russian itineraries | Consumer Discretionary | United States |
Rewe | remove products from Russia from shelves | Germany | |
Rimi | remove products from Russia from shelves | Latvia | |
Rio Tinto | terminate all commercial relationships with Russia | Australia | |
Roku | remove Kremlin-linked propaganda and ads | Communication Services | United States |
Rolex | suspend exports to Russia | Consumer Discretionary | Switzerland |
S Group | selling off all businesses in Russia | Finland | |
S Group (Suomen Osuuskauppojen Keskuskunta) | close all operations operations | Consumer Staples | Finland |
S&P | curtail Russian access to capital markets | United States | |
Salesforce | suspend operations in Russia | Information Technology | United States |
Savills | end partnerships in Russia | Real Estate | United Kingdom |
Shell | suspend operations in Russia | Energy | United Kingdom |
Sidley Austin | end all Russian relationships | Industrials | United States |
Signet Jewelers | suspend operations in Russia | Consumer Discretionary | United States |
SKF | end sales and production in Russia | Sweden | |
Skoda | halted production and stopped exports | Consumer Discretionary | Czech Republic |
SMAY | stopped all Russian business | Poland | |
Societe Generale | cessation of all activities in Russia | Financials | France |
Sonos | ceased all sales to this market at the onset of the war and blocked Russian state radio | Consumer Discretionary | United States |
Spotify | closed office and other restrictions | Communication Services | Sweden |
Squire Patton Boggs | suspend operations in Russia | Industrials | United States |
Stanley Black & Decker | suspend operations in Russia | Industrials | United States |
State Street | curtail Russian access to capital markets | Financials | United States |
Stora Enso | stopped all production and sales | Materials | Finland |
Storebrand | divest all Russian holdings | Norway | |
Strabag | winding down operations in Russia; terminating shareholder syndicate agreements with Deripaska | Austria | |
Swarovski | suspend all sales in Russia | Consumer Discretionary | Liechtenstein |
Sweco | stop all projects in Russia | Sweden | |
Systembolaget | remove all Russian alcohol from stores | Consumer Discretionary | Sweden |
Take-Two Interactive | suspend all sales in Russia | Communication Services | United States |
Teknotherm Marine HVAC sp. z o.o. | complete withdrawal from Russia | Poland | |
Teradata | stopped all business in Russia | Information Technology | United States |
Tietoevry | totally exit operations in Russia | Information Technology | Finland |
TJ Maxx | divest Familia subsidiary | Consumer Discretionary | United States |
TripAdvisor | remove Kremlin-linked propaganda and ads | Communication Services | United States |
TUI | end brand-sharing agreement; had already exited | Consumer Discretionary | Germany |
Uber | divest from partnership with Yandex | Industrials | United States |
UEFA | ban Russian athletes from competing | Industrials | Switzerland |
United Airlines | no flying over Russian airspace | Industrials | United States |
United Internet Group | suspend all Russian contracts | Industrials | Germany |
Upwork | suspend operations in Russia | Industrials | United States |
Valio | close business operation in Russia | Consumer Staples | Finland |
Vanguard | suspend operations in Russia | Financials | United States |
Velux | permanently close operations in Russia and Belarus | Denmark | |
Vinmonopolet | stop sales of all Russian wine, spirits and strong beers in Norway | Norway | |
Vinmonopolet | remove all Russian alcohol from stores | Consumer Discretionary | Norway |
Vodafone | suspend partner agreement with MTS | United Kingdom | |
Volfas Engelman | suspend investment and withdraw from Russian market | Consumer Staples | Lithuania |
Waitrose | remove products from Russia | Consumer Staples | United Kingdom |
Wargaming | close operations; transfer of some business | Belarus | |
Waters Corporation | suspend all sales and services into Russia | Health Care | United States |
WeWork | planning divestment of Russian operations | Real Estate | United States |
Wex Inc. | ending relationship with Lukoil and subsidiaries | Information Technology | United States |
White & Case | wind down Russian operations | Industrials | United States |
Wielton | suspended Russian exports | Industrials | Poland |
Willis Towers Watson | fully exit Russia and transfer ownership to local management | Financials | United Kingdom |
Winston & Strawn | suspend operations in Russia | Industrials | United States |
Women's Tennis Association | suspend Russian partnerships | Communication Services | United States |
World Athletics Council | ban on all Russian competition | Industrials | United States |
World Boxing Association | ban on all Russian competition | Industrials | Panama |
World Boxing Council | suspend Russia from title fights | Consumer Discretionary | Mexico |
World Boxing Organization | ban on all Russian competition | Industrials | United States |
World Federation of Exchanges | suspend all Russian members and affiliates | United Kingdom | |
World Rowing Federation | ban on all Russian competition | Industrials | United States |
World Rugby Union | ban on all Russian competition | Industrials | Ireland |
Woseba | suspends deliveries to Russia | Industrials | Poland |
WPP PLC | suspend all operations in Russia | Communication Services | United Kingdom |
WWE | suspend all operations in Russia | Communication Services | United States |
YIT | exits Russia projects | Finland | |
YOOX | suspend all shipments to Russia | Consumer Discretionary | Italy |
Żabka | halts orders from Russia & Belarus | Consumer Staples | Poland |