Corporate responses to the 2022 Russian invasion of Ukraine
This article may be affected by the following current event: Russian invasion of Ukraine. Information in this article may change rapidly as the event progresses. Initial news reports may be unreliable. The last updates to this article may not reflect the most current information. (February 2022) |
It has been suggested that this article be merged into 2022 boycott of Russia and Belarus. (Discuss) Proposed since March 2022. |
This article may require copy editing for grammar, style, cohesion, tone, or spelling. (March 2022) |
The first round of sanctions was applied in March 2014, after the Russian annexation of Crimea and its support for the War in Donbas listed in List of companies that applied sanctions during the Russo-Ukrainian War.
As of March 15, 2022 the list contains 350 companies. As of March 18, Yale School of Management reports over 400 companies that have withdrawn from Russia.[1]
Company | Industry | Country | Suspended operations | Remaining operations in Russia |
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3M | Conglomerate | USA | suspending all of its business operations in Russia, where it operates at least one factory.[2][3] | |
Accenture | Consulting | Ireland | closing business in Russia[1] | |
Accor | Hospitality | France | halted all services to hotels whose owners are under U.S. or European sanctions[4] as well abandoned expansion plans in Russia[5] | Accor has more than 50 hotels in Russia and continues to operate in the country in support of its 3,500 employees[6] |
Activision Blizzard | Video game | USA | Suspended "new sales of and in our games"[7] | |
Advanced Micro Devices | Semiconductor company | USA | Chip sales to Russia[8] | |
Adidas | Clothing | Germany | Suspended partnership with Russian Football Union[9] Temporarily closing its stores and e-commerce operations in Russia.[10] | |
AerCap | Aircraft leasing | Ireland | cease lending to Russians[1] | |
airBaltic | Airline | Latvia | Cancelled all flights to and from Russia until further notice[11] | |
Airbnb | Online marketplace | USA | Suspended all operations in Russia and Belarus[12]Offered free, short-term housing to up to 100,000 refugees fleeing Ukraine[13] | |
Airbus | Aerospace manufacturer | France | Stopped providing support services to Russian Airlines[14] Continues to purchase titanium form Russian Federation[15] | |
Air France - KLM | Airline | France | Stopped flights to Russia[16] | |
Alaska Airlines | Airline | USA | suspend Russian partnerships[1] | |
Alcoa | Metals | USA | Suspended all business with Russia[17] | |
Allianz | Financial services | Germany | curtail Russian access to capital markets[1] | |
Alstom | Rail transport manufacturer | France | Suspended all deliveries to Russia and any future investment in Russia.[18] | |
Amadeus IT Group | Software | Spain | Distribution service with Russia's Aeroflot and new planned commercial projects in Russia[19] | |
Amazon | Internet | USA | Amazon's cloud computing business, Amazon Web Services (AWS), is no longer accepting new customers based in Russia or Belarus. "Unlike some other US technology providers, Amazon and AWS have no data centres, infrastructure or offices in Russia, and we have a longstanding policy of not doing business with the Russian government"[20] | Ukraine's vice prime minister, Mykhailo Fedorov, had appealed to Amazon executive chair Jeff Bezos to suspend the provision of all AWS services in Russia. AWS is not fully suspended in Russia.[21][22] |
American Airlines | Airlines | USA | Severed all ties with Aeroflot and S7 Airlines and suspended interline agreements.[23] | |
American Express | Payment card services | USA | Suspended all operations in Russia and Belarus[24] | |
AmerisourceBergen | Healthcare | USA | Operations in the Ukraine are currently suspended
cease any new business initiatives in Russia[25] |
AmerisourceBergen has made the decision to provide limited logistical support of pharmaceutical products and of the existing clinical trial programs[25] |
Amway | Direct selling | USA | ||
Anheuser-Busch | Brewing | Belgium | halt all shipments to Russia[1] | |
Apple Inc. | Computer hardware and software | USA | Halt all product sales[26]
|
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Arconic | Industrials | USA | Pause New Contracts in Russia[29] | Arconic Samara Metallurgical Plant – known as Arconic SMZ – has been in operation since 1960 and is one of Russia's largest producers of fabricated aluminum.[30] |
Asda | Retailer | UK | remove products from Russia[1] | |
ASOS | Online retailer | UK | Retail sales stopped[31] | |
Assicurazioni Generali | insurance | Italy | exit Russia completely[1] | |
Aston Martin | Luxury sports cars and grand tourers manufacturer | UK | Retail[32] | |
Asus | Electronics | Taiwan | Asus stated that its shipments to Russia are at an "effective standstill". Furthermore the company will donate $1.05 million to the Taiwanese relief agency which is in charge of humanitarian donations for Ukraine, it said.[33] | |
AT&T | Telecommunications | USA | announced calls between Ukraine and anywhere else in the world would be free of charge[34] | |
Atlas Copco | Industrial equipment | Sweden | halt all shipments to Russia[1] | |
Atlassian | Software | Australia | Pauses sales in Russia and suspends licenses state-owned or held by companies supporting the war[35] | |
Auchan | Retail | France |
Russia has the most Auchan supermarkets and hypermarkets outside France and is estimated to contribute one fifth of yearly group revenues, about € 5bn–6bn.[36] Managers in Russia deny company closing stores.[37] | |
Autodesk | Software | USA | Business in Russia[38] | |
Avid Technology | Technology | USA | all sales and support for all customers, users and resellers in Russia and Belarus[39] | |
Bain | USA | suspend consulting for all Russian govt entities[1] | ||
Baker McKenzie | Law firm | Switzerland | suspend services for all Kremlin entities[1] | |
Balenciaga | Luxury fashion | France | Russian revenue streams[40] | |
BASF | Chemical industry | Germany | BASF suspended new activities in Russia and Belarus.[1][41] | BASF continues existing activities, in accordance with Western sanctions.[41] |
Bayer | Chemical industry | Germany | CEO stated "Bayer will closely monitor and mitigate these risks to the extent possible".[42] Bayer committed to financially assisting Ukrainian employees with funds and housing. In a statement, CEP Werner Baumann deemed the invasion "a threat to our freedom and democracy, and we at Bayer condemn in the most vigorous way, this Russian attack."[43] | |
BBC | Broadcaster | UK | BBC Studios suspended the licensing of programming to Russian customers.[44] | The BBC introduced two new shortwave radio frequencies for Russia and Ukraine (15735 kHz and 5875 kHz), in response to Russian state media and censorship.[45] |
Bentley | Manufacturer and marketer of luxury cars | UK | Exports to Russia[46] | |
Binance | Crypto exchange | Canada | Binance says will not accept cards of sanctioned Russian banks[47] | CEO resisted calls to curtail operations in Russia[48] |
BlackRock | Financial services | USA | curtail Russian access to capital markets[1] | |
Bloomberg | USA | pull back journalists from Russia[1] | ||
BMW | Luxury vehicles and motorcycles | Germany | Stopped car production in Russia and halts exports to Russia.[49] | |
BNP Paribas | Banking | France | curtail Russian access to capital markets[1] | |
Boeing | Designs, manufactures, and sells aeroplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles | USA | Suspended parts and maintenance support for Russian airlines as well as its operations in Moscow[50] Suspended purchases of titanium from Russia[51] | |
Bolt | Vehicle for hire, micromobility, car-sharing, and food delivery services | Estonia | Ties with Russian companies[52] | |
Bombardier | Aircraft manufacturer | Canada | restrict new Russian business[1] | |
BooHoo Group | Online fashion retailer | UK | Boohoo Group, which comprises Boohoo, PrettyLittleThing. Burton and Debenhams, has suspended sales in Russia[53] | |
Booking.com | Travel | Netherlands | operations in Russia[54] | |
Boston Consulting Group | Consulting | USA | won't take on any new work in Russia[55] | "our contractual obligations, we have already started to wind down work where possible"[55] |
BP | Oil and gas company | UK | Abandoned stake in Russian oil giant Rosneft.[56] | |
Bridgestone | Tyre manufacturer | Japan | "The major Japanese tire-maker said it will suspend production at its passenger car tire plant in Ulyanovsk in western Russia from Friday [March 25th] and freeze all new capital investment."[57] | First Bridgestone plant in Russia to produce 2 mln tires a year[58]
Company has several plants in Russia and hasn't announced any changes for their Russian operations[59] |
British American Tobacco | Tobacco | UK | Suspended all its planned capital investment in the country.[60]
On March 11, 2022 company said it would exit Russia and cut its fiscal 2022 guidance as a result[61] |
|
British Land | Real estate | UK | Plans to end lease agreement with Gazprom in central London. Gazprom Marketing & Trading (GM&T) had occupied the top floors of 20 Triton Street in Regent's Park.[62] | |
Budvar | brewing | USA | halt all shipments to Russia[1] | |
Bumble | Internet | USA | Discontinued operations in Russia and Belarus and removed its applications form the Apple App Store and Google Play Store in Russia and Belarus.[63] | |
Burberry | Retail | UK | halt all shipments to Russia[1] | |
Cadillac | Automobile manufacture | USA | Business to Russia[64] | |
Canada Goose | clothing | Canada | halt all shipments to Russia[1] | |
Cannes Festival | Film festival | France | Ban Russian Delegations[65] | |
Cargill | Food and agriculture | USA | Scaled back business operations and stopped further investments in Russia.[66] | Cargill will continue operations in Russia. |
Carlsberg | Brewer | Denmark | Exports, New Investments Into Russia[67] | |
Carnival | Cruise | USA | Along with its parent company Carnival Corporation announced all Russian tours would be cancelled, and that the company would severely limit dealings with Russian business entities.[68] | |
Cartier | Luxury goods | France | operations in Russia[69] | |
CEX.io | Cryptocurrency Exchange | Netherlands | Registration of users from Russia, Belarus and Ukraine, Suspended all deposit and trading activities of clients from these regions.[70] | |
Chanel | Luxury goods | France | sales in Russia[71] | |
Chevrolet | Automobile | USA | Vehicle exports to Russia[72] | |
Chevron Corporation | Oil and gas | USA | Limited business operations in Russia compared to many other large energy companies[73] | |
Cisco | Technology | USA | All business operations[74] | |
Citigroup | Financials | USA | operating Russia consumer business on 'more limited basis'[75] | |
CMA CGM | Shiping | France | halt all shipments to Russia[1] | |
The Coca-Cola Company | Beverage corporation | USA | Suspended business in Russia[76] | |
Cogent Communications | USA | cut all internet to Russia[1] | ||
Coinbase | Cryptocurrency exchange platform | USA | Blocked 25,000 cryptocurrency wallet addresses related to Russia, believing them to have engaged in illicit activity.[77] | Coinbase said that it would "not institute a blanket ban on all Coinbase transactions involving Russian addresses".[78] |
Coty | Consumer goods | USA/ France | Coty did not respond to an AFP request for comment[79] | |
Coursera | Online course provider | USA |
|
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Credit Suisse | Financial services | Switzerland | curtail Russian access to capital markets[1] | "Reports emerged that Credit Suisse contacted hedge fund managers and other investors asking them to "destroy and permanently erase" evidence linking the Swiss bank to loans issued to U.S.-sanctioned Russian oligarchs for luxury items including yachts and private jets." The bank just revealed it has given $1.7 billion to the Russian borrowers[81] |
Crunchyroll | Anime distributor and licensor | USA |
|
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Daimler Truck | Commercial vehicle manufacturer | Germany | Exports to Russia and production in Russia[83] | |
Danone | Food | France | company would "suspend investments in Russia"[84] | About 6% of Danone's sales come from Russia and Ukraine, combined. Danone has more than a dozen factories in Russia[84] and continues operations in Russia[85] |
Dassault Aviation | Aircraft manufacturer | France | Falcon deliveries[86] | |
David Chipperfield Architects | Architecture | UK | working on their projects in Russia[87] | |
DB Schenker | logistics | Germany | halt all shipments to Russia[1] | |
Deezer | Music streaming | France | Subscription in Russia[88] | |
Dell | Computer hardware | USA | Suspended product sales in Russia[89] | |
Deloitte | Professional services network | UK | Separated practices in Russia and Belarus from the global network of member firms as of March 8, 2022. Deloitte Global CEO Punit Renjen said "While we know this is the right decision, it will have an impact on Deloitte's ~3,000 professionals located in Russia and Belarus. We know our colleagues in Russia and Belarus have no voice in the actions of their government. We will support all impacted colleagues during this transition and do all we can to assist them during this extremely difficult time."[90][91] | |
Delta Air Lines | Airlines | USA | Suspend agreement with Aeroflot[92] | |
Dentons | Law | Multinational | suspend services for all Kremlin entities[1] | |
Deutsche Bank | Banking | Germany | On March 11, 2022 Deutsche Bank reverses course on Russia, says it is unwinding business[93] | Deutsche Bank's CFO said it is not "practical" to close its Russia business[94] |
DHL | Logistics | Germany | Deliveries to Russia[95] | |
Diageo | Beverage Alcohol | UK | halt all shipments to Russia[1] | |
DirecTV | Communications | USA | cut Kremlin backed TV networks[1] | |
Disney | Entertainment and media | USA | Pause all theatrical releases in Russia[96] | |
DSV A/S | halt all shipments to Russia[1] | |||
DXC Technology | Technology | USA | exit the Russian market[97] | |
eBay | Internet | USA | suspended the delivery of orders to Russia and Ukraine from March 3[98] | |
Electronic Arts | Video games | USA |
Halts all product sales in Russia and Belarus[99] Exclude Russia from FIFA 22 and NHL 22[100] |
|
Eni | Energy | Italy | Announced that it would withdraw from the Blue Stream gas pipeline linking Russia to Turkey, in which it has a 50% stake.[101] | |
Equinor | Energy | Norway | exit joint ventures in Russia[1] | |
Ericsson | Networking and telecommunications | Sweden | Suspended deliveries to Russia[102][103] | |
Ernst & Young | Professional services network | UK | separating Russia operations[90] | |
Estée Lauder | Consumer Products | USA | Initially suspended the company's business investments and initiatives in Russia. On March 7, 2022 company announced they have also decided to suspend all commercial activity in the country, closing every store they own and operate including their brand sites as well as ceasing shipments to any of their retailers in Russia.[104] | |
Etsy | E-commerce | USA | Cancelled all balances owed by sellers in Ukraine on its platform, totalling almost $4 million in listing fees[105] | |
Eurovision | Song Contest | European Countries | Banned Russia from competing[106] | |
Expedia | Online Travel | USA | Ceased sales to and from Russia[107] | |
Exxon Mobil | Oil and gas corporation | USA | Announced it was pulling out of Sakhalin-I, its only Russian investment, and further announced it would temporarily halt all further investments into the Russian Federation.[108] | The company publicly announced it was complying with all sanctions against Russia[108] |
EPAM | Technology | USA | Providing services to customers in Russia[109] | |
Networking service | USA | Banned the Russian state media channels[110] | ||
Farfetch | eCommerce | halt all shipments to Russia[1] | ||
Fast Retailing | Clothing | Japan | Temporarily stop sales at all stores. Brand Uniqlo[111] | |
Fazer | Food industry | Finland | Export to Russia[112] | |
FedEx | Transportation | USA | Halted all shipments to both Ukraine and Russia upon the invasion[113][114] | |
Ferrari | Manufacturer of sports cars | Italy | Suspended businesses with Russia[115] | |
Ferrero | Multinational food manufacturer | Italy | Ferrero has been present in the Russian market since 1995[116] | Company yet to release a statement[117] |
FIFA and UEFA | Sport | Worldwide | Suspend Russia from international football[118] | |
Fiskars | Consumer goods | Finland | Decided to withdraw completely from the Russian market.[119] | |
Ford | Automotive | USA | Suspends business in Russia, provides aid to Ukrainians[120] | |
Formula 1 | Sport | Worldwide | Prohibition to compete under the flag of Russia[121] | |
Gazprom-Media | Media | Russia | ||
GE | USA | halt supply of parts to Aeroflot[1] | ||
General Motors | Automotive | USA | Suspending its business in Russia[122] | |
Geodis | halt all shipments to Russia[1] | |||
Github | Software | Worldwide | "We are continuing to ensure free open source services are available to all, including developers in Russia"[123] | |
GitLab | Software | Worldwide | Suspended new business in Russia and Belarus[124] | |
GlobalFoundries | halt all shipments to Russia[1] | |||
Globecast | Networking | France | Ukranian Vice Prime Minister has asked Globelcast to suspend their services in Russia. Globecast has not made a public statement regarding the conflict in Ukraine.[125] Globecast has even restricted replies to their social media posts on Twitter as many people were posting letters asking the company to suspend their services. | |
Globus | Department store | Switzerland | Terminated the import and selling of Russian goods | |
GoDaddy | Internet | USA | ||
Goldman Sachs | Investment bank | USA | all operations in Russia[126] | |
Internet | USA | Initiated a widespread blocking of Russian state media sources from advertising on their sites as well as freezing ad revenue for Russian state media YouTube channels[127]
In an effort to prevent Ukrainian armed forces and civilians from being tracked on public platforms, Google also disabled tools in Google Maps relating to live traffic.[128] Google suspends Play Store billing and YouTube payments in Russia[129] Some Russian bank customers barred from using Google Pay[130] |
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Grammarly | Software | USA | Service in Russia and Belarus[131] | |
Grant Thornton | closing business in Russia[1] | |||
Harley Davidson | Motorcycle manufacture | USA | Business in Russia[132] | |
Heineken | Lager Beer | Netherlands | beer exports and investment projects in Russia[133] | |
Hewlett-Packard | Computer hardware | USA | Suspended product shipments to Russia.[134] | |
Henkel | Chemical and consumer goods | Germany | Investments in Russia[135] | |
Herbalife | Nutrition products | USA | Suspended operations in Russia in all 62 sales centers and stopped shipping products to the country[136][137] | |
Hermès | Luxury goods | France | Suspended its activities in Russia[138] | |
Hilton | Hospitality | USA | Pausing new Russian projects and investment in response to the war[139] closed its Moscow corporate office and donate any Hilton profits from business operations in Russia to the humanitarian relief efforts for Ukraine[140] | 26 hotels in Russia that are all managed or franchised[141] |
H&M | Clothing | Sweden | Temporarily suspending all of its Russian operations[142] | |
Honda | Automotive | Japan | Exports of cars and motorcycles to Russia[143] | |
Hapag-Lloyd | Shipping | Germany | halt all shipments to Russia[1] | |
HMM | halt all shipments to Russia[1] | |||
Honeywell | Conglomerate | USA | Suspended business in Russia and Belarus[144] | |
HSBC | Banking | UK | curtail Russian access to capital markets[1] | |
Hyatt | Hospitality | USA | Pausing new Russian projects and investment in response to the war[145] | Hyatt operates five hotels in Russia, but owns none of them[145] |
Hyundai | Automotive | South Korea | Production at its St Petersburg plant in Russia due to the global components shortage and had "nothing to do with Russia's invasion of Ukraine or Western economic sanctions"[146] | Hyundai operates the Hyundai Motor Manufacturing Rus factories in Sestroretsk as well as in Saint Petersburg, Russia. Company did not comment on the matter[147] |
IBM | Technology | USA | all operations in Russia[148] | According to Mykhailo Fedorov, adviser to Ukranian President, IBM continues to provide consultancy services in Russia.[149] |
iHerb | Online retail | USA | Accepting orders in Russia[150] | |
IKEA | Retail | Sweden | Suspended its 17 stores in Russia and halted its sourcing in Russia and Belarus.[151] Ingka Group has taken the decision to pause all IKEA Retail operations in Russia[152] | Ingka Group controls 392 IKEA stores across 32 markets[153] 14 MEGA branded shopping centres are located in Russia's 11 largest cities will continue to be open[152] |
Inditex | Retail | Spain | Temporarily suspended its activity in the 502 stores and on the country's online channel[154][155]
Brands: Zara Home, Bershka, Massimo Dutti, Oysho, Pull&Bear, Stradivarius, Uterqüe, Lefties |
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Infosys | Consulting | India | Infosys operates their Moscow office and has remained silent on the issue of Russian invasion. Infosys has also not responded to requests for comment.[156] This contracts with its peer companies (e.g. Accenture, KPMG, PwC, DXC) who have all quit Russia. | |
Intercontinental Exchange | curtail Russian access to capital markets[1] | |||
International Red Cross | Switzerland | After Red Cross head Peter Maurer met the Russian minister of foreign affairs Sergei Lavrov,[157] it was announced that the International Red Cross and Red Crescent Movement will open a new office in Russia. "I would like to get your support in strengthening the logistics structure in Russia in order to improve our work in the Donbas and other parts of Ukraine under control of the Russian armed forces," Peter Maurer said. He thanked Lavrov for longstanding "positive cooperation" with Russia in various parts of the world, including in the Middle East, Afghanistan, Nagorno-Karabakh, and Ukraine, and voiced hope that this will continue.[158] | ||
Social media | USA | Demoting posts from Russian state-media[159] | ||
Intel | Technology | USA | Chip sales to Russia[8] | |
Imperial Brands | Tobacco | UK | halted production, sales and marketing of its products in Russia.[160] | |
J Sainsbury | Retail | UK | remove products from Russia[1] | |
Jaguar Land Rover | Automotive | UK | Deliveries of Russia-bound vehicles[146] | |
Japan Tobacco | Tobacco | Japan | suspend 'some' operations in Russia[111] company announced that effective immediately, its subsidiary, JTI, will suspend all new investments and marketing activities[161]
temporarily suspended operations at its plant in Ukraine[162] |
Japan Tobacco had a 37% share of the Russian market as of December 2021 and has 4,500 employees across Russia at 70 offices and five factories.[162] |
JD Sports | Retail | UK | suspend operations in Russia[1] | |
JetBrains | software | Czechia | suspending sales and R&D activities in Russia[163] | |
Johnson & Johnson | FMCG | USA | Donating $5 million to support the work of the International Rescue Committee (IRC) and International Federation Red Cross and Red Crescent to provide humanitarian support for refugees in the border countries.
Providing product donations including hygiene kits, health packets and medical supplies.[164] |
Will contine "providing access to our essential medical products in the countries where we operate".[165] |
Jooble | WEB | Ukraine | Operation in Russia and Belarus[166] | |
JPMorgan Chase | Banking | USA | curtail Russian access to capital markets[1] | |
Jysk | Retail chain | Denmark | Closed their stores in Russia[167][168] | |
Kellogg's | Food | USA | Shipments and investments in Russia.[169] | Staple foods in Russia.[170] |
Kemira | Chemicals | Finland | Discontinued deliveries to Russia and Belarus, primarily impacting pulp and paper customers in Russia.[171] | |
Kering | Luxury goods | France | All product sales across brands Balenciaga, Bottega Veneta, Gucci, Alexander McQueen, Yves Saint Laurent[172] | |
Kia | Automobile manufacturer | South Korea | Kia Group Won't Stop Exports Or Production In Russia – For Now[147] | |
Kinross Gold | suspend operations in Russia[1] | |||
Kimberly-Clark | Personal Care | USA | Halted capital spending and advertising in Russia.[173] | Kimberly-Clark would continue selling products in Russia, such as Huggies.[173] |
Korean Air | Airline | South Korea | no flying over Russian airspace[1] | |
KPMG | Professional services network | Netherlands | separating Russia operations[90] | |
Kuehne + Nagel | Logistics | Switzerland | suspend all shipments to Russia[1] | |
Kytary | eCommerce | Czech | Suspended all business contacts with Russian suppliers[174] | |
KUNA | Cryptocurrency exchange | Ukraine | All ruble pairs and closed the deposit and withdrawal of the ruble[70] | |
Lamborghini | Manufacturer of sports cars | Italy | Suspended businesses with Russia.[115] | |
Latvijas Balzams | Alcoholic beverages | Latvia | Rebranded its signature vodka to just Stoli, and changed the source of the ingredients from Russia to Slovakia.[175] | |
Lego | Toys Manufacturer | Denmark | Stopped deliveries of their products to Russia[176]Lego does not own stores in the country; 81 Russian Lego stores are owned and run by the local Inventive Retail Group, but they will not receive further shipments.[177] | |
Leroy Merlin | Retail | France | Company operates 112 stores in Russia and does not plan to make any changes[178] | |
Levi Strauss & Co | Clothing | USA | commercial operations in Russia[179] | |
LG Electronics | Electronics | South Korea | Korea is seeking exemptions from the US to avoid its key export items being banned from shipping to Russia[180] Company did not say whether the company would change its business practices in Russia.[181] | |
Life:) | Communications | Ukraine | ||
Linklaters | UK | suspend operations in Russia[1] | ||
Live Nation Entertainment | Entertainment | USA | halt all operations in Russia[1] | |
London Stock Exchange Group | UK | curtail Russian access to capital markets[1] | ||
Lumen Technologies | USA | suspend new Russian relationships[1] | ||
LVMH | Luxury goods | France | Temporarily stop sales at all stores. Brands Moët & Chandon, Hennessy, Louis Vuitton, Givenchy, Christian Dior, Kenzo, Bulgari, Marc Jacobs, Stella McCartney, Loewe, Fendi[172] | |
Mango | Retail | Spain | Spanish retailer Mango closed all its 126 shops in Russia.[182] | |
Marks & Spencer | Retail | UK | Stopped shipments to Turkish franchisee's Russian business[183] | The 48 shops (with 1,200 employees) remain open and continue to sell their existing stock.[184] |
MasterCard | Banking | USA | Cards issued by Russian banks will no longer be supported by the Mastercard network regardless of where they're used - inside or outside of Russia. And, any Mastercard issued outside of the country will not work at Russian merchants or ATMs[185] Pledged $2 million toward humanitarian relief funds for Ukraine.[186] | |
Mazda | Automotive Manufacturing | Japan | Halt all shipments to Russia[187] | |
Maersk | Shipping | Denmark | Deliveries[188] | |
McDonald's | Fast Food | USA | Owns the vast majority of the 847 McDonald's stores in Russia,[189] but the company did not offer an official position on operations in the Russian Federation.[190] McDonald's offered food assistance to Ukrainians.[191] McDonald's to close 850 restaurants[192] | |
McKinsey & Company | Management consulting | Worldwide | Business with any government entity in Russia[193] | |
MSC | Shipping line | Switzerland | Halts all shipments to Russia[1] | |
MSC Cruises | Cruise line | Switzerland | Suspends travels and stops to Russia[194] | |
Mercedes-Benz Group | Vehicle manufacturer | Germany | Halts exports to Russia and cease manufacturing there until further notice[195] | |
Meta | Technology | USA | Halted advertising sales to Russian state media, such as RT[127] On March 11, 2022 Meta announced that Facebook will permit some calls for violence against Vladimir Putin and Russian soldiers[196] | |
Metro AG | Retail | Germany | 3,400 employees in Ukraine were making "enormous efforts" to keep its 26 stores open in the country, with each store opening decided daily by local management based on the security situation.[197] | Company operates 93 stores employing around 10,000 people in Russia. Metro AG said that it isn't planning to withdraw from Russia[197] |
Metsä Group | Forestry, paper, and wood products | Finland | has discontinued its operations in Russia. Wood procurement in Russia for the Svir sawmill and imports to Metsä Group's Finnish and Swedish mills has also been discontinued.[198] | |
Metso Outotec | Industrial machinery | Finland | temporarily ceased its deliveries to Russia[199] | |
Michelin | Guide | France | Restaurant recommendations in Russia[200] | |
Microsoft | Technology corporation | USA | On 4 March 2022, Microsoft has announced that they will suspend all sales and services in Russia[201]
Microsoft said would be actively assisting the government of Ukraine, the EU, the US Federal Government, and NATO.[202][203] The company will also provide technology and financial support for humanitarian organizations in the region, and is offering support to Ukraine-based Microsoft employees.[204] |
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Mitsubishi | Corporate Group | Japan | may suspend car production, sales in Russia due to sanctions[205]
Mitsubishi Electric stops Russian shipments[206] |
Mitsubishi Corp. are sticking with the Sakhalin-2 project[207] |
Mitsui | Corporate Group | Japan | Remains involved in the Sakhalin-2 project.[207] discussing with shareholders course of action[208] | |
Mohawk Industries | Flooring manufacturer | USA | 4.3% of their sales come from Russia and Ukraine[209] | |
Moncler | Italy | suspend operations in Russia[1] | ||
Moody's Investors Service | Investors Service | USA | commercial operations in Russia | |
Morrisons | Retail | United Kingdom | remove products from Russia[1] | |
MSCI | USA | curtail Russian access to capital markets[1] | ||
Vodafone Ukraine | Communications | Ukraine | ||
Nasdaq | USA | curtail Russian access to capital markets[1] | ||
Nestlé | Multinational food company | Switzerland | Over 7,000 employees in Russia.
Suspends capital investment in Russia[211] Halted operations in Ukraine[212] |
Continue to sell "essential" food products in Russia.[213]
Nestle's activities in Russia will focus on providing essential food, such as infant food and medical/hospital nutrition. Going forward, Nestlé is suspending brands such as KitKat and Nesquik, among others. Nestlé has already halted non-essential imports and exports into and out of Russia, stopped all advertising, and suspended all capital investment in the country. While Nestlé does not expect to make a profit in the country or pay any related taxes for the foreseeable future in Russia, any profit will be donated to humanitarian relief organizations.[214] |
NetApp | Technology corporation | USA | suspend all operations in Russia[215] | |
Netflix | Streaming service and production | USA | Suspended all services in Russia[216][217] | |
Nike | Retail chain | USA | Disabled all online purchases of its products in Russia.[218] | |
Nintendo | Video games | Japan | Halt the sale of games in Russia[219] | |
Nissan | Automotive Manufacturing | Japan | halt all shipments to Russia[1] | |
Nokia | Telecommunications, technology | Finland | Deliveries to Russia[220] | |
Norsk Hydro | freeze Russian investments[1] | |||
Nvidia | Computer hardware | USA | Product sales[221] | |
oDesk | Workforce management | USA | ||
Okta | Software | USA | Stop sales with customers in Russia and Belarus[222] | Support for existing customers "to the extent permitted under existing sanctions and export controls"[222] |
OneWeb | Communications | UK | Use of Russian rockets[223] | |
OMV | Energy | Austria | divest Russian projects[1] | |
Oracle | Technology | USA | All operations in Russia[224] | |
Otis Worldwide | Industrial | USA | announced that it was scaling back its operations in Russia. it would not take new elevator and escalator orders and not make new investments in the country "for the time being."[225] | Operations in Russia comprised about 2 percent of Otis' 2021 revenues, based mostly on new equipment sales.[225] |
Panasonic | Multinational conglomerate | Japan | Transactions with Russia[226] | |
Papa John's | Restaurant chain | USA | March 9, 2022 announcement of suspension of all corporate operations in Russia[227] | All 190 Papa John' s restaurants in Russia are licensed (franchise) and owned by Russian companies and operate normally[228] |
Paramount Global | Entertainment | USA | Film distribution in Russia[229] | |
Patreon | Payments | USA | Patreon "decided to keep operating in Russia, allowing people to make money off the service." In fact, Patreon CEO suggested they may help creators avoid sanctions imposed on Russia.[230] | |
PayPal | Banking | USA | Removed the ability to create any accounts in Russia on 2 March 2022. Three days later on 5 March, PayPal suspended its services in Russia.[231][232] | |
Payoneer | Banking | USA | the ability for new customers in Russia to use Payoneer services[233] | |
Paysera | Communications | Lithuania | Process transactions in Russian roubles[234] | |
Pegasus Airlines | Airlines | Turkey | Temporarily suspended flights to and from Russia[235] | |
PepsiCo | food, snack, and beverage manufacturer | USA | PepsiCo continued operations in Russia amid the invasion of Ukraine[236]
March 8, 2022 company announced suspension of the sale of Pepsi-Cola, and our global beverage brands in Russia[237] |
"continue to offer our other products in Russia, including daily essentials such as milk and other dairy offerings, baby formula and baby food"[237] |
Pfizer | Pharmaceuticals | USA | Maintaining shipments of medicines, but restricting new research and investment[238] | |
Philip Morris | Tobacco | USA | Philip Morris generates about 8% of its total sales from Russia and Ukraine.[239] On March 9, 2022 company announced it has suspended its planned investments in the Russian Federation, and will scale down manufacturing operations in the country[240]
Suspended operations in Ukraine[241] |
Scales back manufacturing and continues sales in Russia[240] |
Pirelli | Tyre manufacturer | Italy | Does not plan to close factories as a result of Russia's ongoing invasion[242] | |
Prada | Fashion | Italy | All its retail operations in Russia[243] | |
PricewaterhouseCoopers | Professional services network | UK | separating Russia operations[90] | |
Privatbank | Banking | Ukraine | ||
Procter & Gamble | Consumer goods | USA | is ending all new capital investments in Russia and "significantly reducing" its portfolio there.[244] | P&G's investments in Russia date back 25 years. 2,500 P&G employees reside in Russia, around 1,000 of which work in offices in Moscow. Around 60 percent of P&G products sold in Russia are produced in Russian factories[245] Company operates at "reduced scale"[246] |
Puma | Clothing | Germany | Suspended operation of all its stores and online in Russia[247] | |
PVH | Clothing | USA |
Halt product sales across brands Tommy Hilfiger, Calvin Klein, Warner's and all commercial activities in Russia and Belarus[248] |
|
R&A | ban on all Russian competition[1] | |||
Red Hat | Software | USA | suspended sales in Russia[249] | |
Remitly Global | stop accepting new users in Russia[1] | |||
Renault | Automotive Manufacturing | France | close Russian plants[1] | After initially closing the Russian plants "citing logistical problems after the invasion of Ukraine", Renault has resumed their plants. As of March 21, not all the plants are operational citing lack of parts.[250] |
Restream | Software | USA | Bans Russian users[251] | |
Restaurant Brands International | Fast food | Canada | Halts corporate support for its 800-plus franchised Burger King locations in Russia., Company will refuse approvals for any investment or expansion. The suspension also includes pausing operations, marketing and its supply chain.[252][253] | |
Richemont | Retail | Switzerland | suspend all operations in Russia[1] | |
Rio Tinto | Mining | UK | is in the process of terminating all commercial relationships it has with any Russian business[254] | did not immediately respond to questions on whether it would continue to buy Russian fuel and other products through non-Russian third parties.[254] |
Robert Bosch GmbH | Industrials | Germany | Bosch closes Ukraine site. Interrupted some of our deliveries to Russia, and are currently not accepting any new orders in our plants there[255] | Bosch turnover in Russia estimates at over €1.4 billion[256] Company did not provide any other updates on its operations in Russia |
Rockstar Games | Video game | USA | selling games in Russia[257] | |
Roku | Streaming platform | USA | Removed RT from its streaming platform in the US and Europe[258] | |
Rolls-Royce | Aircraft engines | UK | Stopped all business with Russia[259] | |
S&P | USA | curtail Russian access to capital markets[1] | ||
Sabre Corp. | Software | USA | Distribution service with Russia's Aeroflot, crippling carrier's ability to sell seats[260] | |
Salesforce | Software | USA | Exiting relationships with resellers and end customers.[261] | |
Salvatore Ferragamo | Consumer products | Italy | Salvatore Ferragamo has a very small exposure to Russia, accounting for less than 1% of sales[262] | |
Samsung | Business conglomerate | South Korea | Shipments to Russia[263] | "Samsung enterprises in Russia have not yet reported any production problems [in Russia], though they may appear in case of protracted logistics issues, the agency added.[264] |
Sandvik | halt all operations in Russia[1] | |||
SAP | software | Germany | All new sales in Russia[265][1] | In a statement made by the Ukrainian Vice Prime Minister SAP is still providing services in Russia due to "humanitarian issues".[266] |
Scania | Automotive | Sweden | Suspended all business operations with Russia[267] | |
S-Group | Retail | Finland | All Russian operations[268] | |
Shell | Oil and gas corporation | UK | Start withdrawal from partnerships with state-controlled Gazprom, including the Sakhalin-II liquefied natural gas facility and its involvement in the Nord Steam 2 pipeline project[269][270] Shell continues to purchase Russian oil[271] but announced complete withdrawal form all Russian hydrocarbons, incl. oil on March 8, 2022[269] | |
Sidley Austin | Law firm | USA | Suspend services for Russian sanctioned entities[272] | |
Siemens | Industrial manufacturing | Germany | All new business in and international deliveries to Russia and Belarus are on hold[273][274] | will continue with local service and maintenance-related activities while "ensuring strict adherence to sanctions."[274] |
Škoda | Automotive | Czechia | Production of vehicles in Russia[275] | |
Skrill | Banking | UK | ||
Société Générale | France | curtail Russian access to capital markets[1] | ||
Snapchat | Technology | USA | Banning ad sales in Russia[276] | |
Solvay S.A. | Chemicals | Belgium | Suspended operations or investment in the country.[277] | |
Sony | Multinational conglomerate | Japan | Film releases in Russia[278] Sales of PlayStation consoles and software in Russia.[279] | |
SpaceX | Communications | USA | Starlink satellites had become active over Ukraine after a request from the Ukrainian government to replace internet services destroyed by the Russian invasion[280] | |
Spotify | audio streaming and media services | Sweden | Payment for subscription[281] | |
Stack Overflow | Q&A website for programmers | USA | Stack Exchange Q&A access will not be restricted in Russia[282] | |
State Street | USA | curtail Russian access to capital markets[1] | ||
Starbucks | Chain of coffeehouses and roastery reserves | USA | Suspended all business activity in Russia. Starbucks said that its 130 coffee shops in Russia are owned by a Kuwaiti conglomerate[283] and said its licensee will temporarily shutter locations[284] | |
Subaru | Automobile | Japan | halt all shipments to Russia[1] | |
SUSE | Software | Germany | suspended sales in Russia[249] | |
Svetofor | Retailer | Russia | The chain which trades as MERE has suspended its British operations and shut its four stores.[285] | |
Swarovski | Producer of glass | Austria | Sales in Russia[286] | |
Swatch | Watch | Switzerland | suspend direct operations in Russia[1]vef | |
SWIFT | Financial Telecommunication | Belgium | Bars 7 Russian banks from SWIFT[287] | |
Sylvamo | Paper product manufacturing | USA | Suspend operations in Russia[288] | |
Tesla | Automotive and solar manufacturer | USA | Tesla, Inc. announced that select Tesla Supercharger stations near Ukraine for its electric vehicles would be free of charge to use.[289] | |
TikTok | Networking service | China | service in Russia[290] | |
TJ Maxx | Retailer | USA | divest Familia subsidiary[1] | |
TotalEnergies | Energy | France | Halts new investment in Russia[291][292] | TotalEnergies stays put in Russia. Did not sell its 19.4% stake in Gazprom[291] |
T-Mobile US | Telecommunications | USA | announced calls between Ukraine and anywhere else in the world would be free of charge[34] | |
Toyota | Automotive Manufacturing | Japan | Stop production at its St-Petersburg plant and imports of vehicles, until further notice, due to supply chain disruptions[293] | |
Trafigura | Trading | Singapore | Freezes investments in Russia[294] | |
Tripadvisor | USA | remove Kremlin-linked propaganda and ads[1] | ||
TSMC | Technology | Taiwan | chip sales to Russia[8] | |
Twitch | Live streaming service | USA | Bans Russian state media[295] | |
Microblogging and social networking | USA | Demotes Russian State media content[296] Paused all ads on Ukraine and Russia to ensure "critical public safety information is elevated and ads don't detract from it"[297] | ||
ThyssenKrupp | Industrials | Germany | thyssenkrupp Industrial Solutions (RUS) LLC had 60 years of successful activity in Russia and the Soviet Union and currently has workforce of more than 400 employees in Russia[298] | |
Uber | Technologies | USA | Cuts ties with Russian companies[299] | |
Unilever | Packaged Goods | UK | On March 5, 2022 company issued a statement "We are deeply shocked by the senseless acts of violence being perpetrated against the innocent people of Ukraine and we condemn the Russian state's invasion", but did not provide any additional information about its operations in Russian Federation.[300] On March 8, 2022 "Unilever has suspended all imports and exports of its products to Russia is stopping all investment in the country."[301]
Unilever's business operations in Ukraine have stopped[302] |
|
Union Pay | Payments | China | Union Pay has continued their business operations and have even stepped up efforts to fill the void left by Western companies leaving, like Visa and Mastercard.[303] | |
Under Armour | USA | halt all shipments to Russia[1] | ||
United Airlines | USA | no flying over Russian airspace[1] | ||
UPS | Logistics | USA | Halted all shipments to both Ukraine and Russia upon the invasion[113][114] | |
Universal Pictures | Film production and distribution | USA | Pauses theatrical releases in Russia[304] | |
Valero Energy | Oil | USA | suspend all purchases of Russian crude oil[1] | |
Verizon Communications | Telecommunications | USA | announced calls between Ukraine and anywhere else in the world would be free of charge[34] | |
Visa Inc. | Banking | USA | Suspended all Russia Operations[305] Pledged $2 million toward humanitarian relief funds for Ukraine.[186] | |
Volkswagen | motor vehicle manufacturer | Germany | Volkswagen Group (VW, Skoda, Audi, Porsche and Bentley brands) suspends car production in Russia, stops Exports[306][46] | |
Volvo | Manufacturer of luxury vehicles | Sweden | Suspends sales and shipments to Russia[307] | |
Waitrose | Supermarket | UK | remove products from Russia[1] | |
Warner Bros | Mass media | USA | Film releases in Russia[278] | |
Western Union | Financial services | USA | Money transfers to Russia[308] | |
White & Case | USA | suspend services for all Kremlin entities[1] | ||
Wintershall | Oil and natural gas producer | Germany | Stops payments to Russia, writes off $1.1 bln Nord Stream 2 loan[309] | |
Wise PLC | suspend Russian partnerships[1] | |||
World Federation of Exchanges | suspend all Russian members and affiliates[1] | |||
WPP plc | UK | suspend all operations in Russia[1] | ||
YIT | Construction | Finland | Finland's biggest construction company YIT discontinued construction material purchases from Russia and has halted investments in plots or start up new apartments in Russia.[310] | |
YOOX | Fashion Retail | Italy | Have stopped shipping orders to Russia to due logistical issues[311] | |
YouTube | Social media | USA | Bans Russian state media channels[110] | |
Yum! Brands | Fast Food | USA | KFC, Pizza Hut, Taco Bell, The Habit Burger Grill brands worldwide. Company is suspending operations of company-owned restaurants in Russia[312] KFC offered food assistance to Ukrainians[313] | KFC Russia operates over 1,000 restaurants. It is unknown how many of these locations remain open.[314] |
Zaha Hadid Architects | Architecture | UK | Stops working on their projects in Russia[87] | |
ZF Group | Car parts manufacturer | Germany | Exports to Russia and production in Russia[83] | |
Zoom | Communications | USA | Restricts use of its software for Russian companies with state assets[315] |
See also[edit]
References[edit]
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