Corporations Withdrawing or Suspending Operations in Russia edit
Russia Ukraine
Name keyboard_arrow_down | Date Announced | Country | Industry | Details | Citations |
---|---|---|---|---|---|
Accenture | Mar 3, 2022 | Ireland | IT Services | Discontinuing business in Russia | [6] |
Acer | Apr 8, 2022 | Taiwan | Computer Hardware | Suspend its business in Russia | [30] |
Airbnb | Mar 4, 2022 | United States | Lodging | Suspended operations in Russia and Belarus | [5] |
Amazon | Mar 8, 2022 | United States | E-commerce | Suspended shipments to and will deny new Amazon Web Services sign-ups in Russia and Belarus | [21] |
American Express | Mar 6, 2022 | United States | Financial Services | Suspending all operations in Russia and Belarus | [3] |
BP | Feb 27, 2022 | England | Oil and Gas | Will divest all shares of Rosneft, two BP execs resigned from Rosneft's board | [15] |
Coca-Cola | Mar 8, 2022 | United States | Beverage | Suspends its business in Russia | [11] |
Condé Nast | Apr 19, 2022 | United States | Mass Media | Ceasing publishing in Russia due to the war in Ukraine and new censorship laws in Russia | [31] |
Corteva | Apr 28, 2022 | United States | Agricultural Chemicals | Withdrawing from and stopping production and business activities in Russia | [32] |
Delta Airlines | Feb 25, 2022 | United States | Air Transportation | Suspends partnership with Aeroflot | [9] |
ExxonMobil | Mar 1, 2022 | United States | Oil and Gas | Will exit the Sakhalin-1 project and cease new investments in Russia | [14] |
FIFA/UEFA | Feb 28, 2022 | Switzerland | Sports Federation | Suspended all Russian teams from competitions | [4] |
Ford | Mar 1, 2022 | United States | Autmotive | Suspending operations in Russia | [13] |
Halliburton | Mar 18, 2022 | United States | Oil and Gas | Suspended future business in Russia in compliance with US sanctions against Russian oil companies | [23] |
IBM | Jun 7, 2022 | United States | Computing | Winding down business in Russia resulting in the "separation of our local workforce," previously suspended operations temporarily | [35] |
Mastercard | Mar 5, 2022 | United States | Financial Services | Suspend network services in Russia | [8] |
McDonald's | May 16, 2022 | United States | Restaurants | Will exit the Russian market and sell its entire portfolio of restaurants, previously announced the temporary closure of all restaurants in Russia | [1][34] |
Mercedes-Benz | Mar 2, 2022 | Germany | Automotive | Suspend the export of vehicles to Russia and manufacturing within Russia | [17] |
Microsoft | Mar 4, 2022 | United States | Computers | Suspension of all new sales of products and services in Russia | [20] |
Nestlé | Mar 23, 2022 | Switzerland | Food Processing | Suspending its brands in Russia, already halted non-essential imports/exports and all advertising in Russia and suspended all capital investment | [26] |
PepsiCo | Mar 8, 2022 | United States | Beverage | Suspends production and sale of beverage brands in Russia | [10] |
Philip Morris | Mar 24, 2022 | United States | Tobacco | Discontinued cigarette products and new launches in Russia, reduced or canceled manufacturing, canceled marketing activities | [27] |
Renault | Mar 23, 2022 | France | Automotive | Suspended operations at its Moscow plant | [25] |
Schlumberger | Mar 18, 2022 | United States | Oil Field Services | Suspend new investment and technology deployment in Russia | [24] |
Shell | Mar 8, 2022 | United States | Oil and Gas | Phased withdrawal from Russian oil and gas | [16] |
Siemens | May 12, 2022 | Germany | Industrial Manufacturing | Will wind down business activities and exit the Russian market, previously put all new business in Russia and Belarus on hold | [33] |
Societe Generale | Apr 11, 2022 | France | Financial Services | Ceases its banking/insurance activities in Russia and sells its stake in Rosbank | [28][29] |
Spotify | Mar 2, 2022 | Sweden | Streaming Service | Closed Russian office and restricted the discoverability of Russian state-affiliated media | [18] |
Starbucks | Mar 8, 2022 | United States | Coffee Shops | Suspend all business activity in Russia and pause store operations | [19] |
Unilever | Mar 7, 2022 | England | Consumer Goods | Suspended all imports and exports, stopped all advertising and investments in Russia | [12] |
Visa | Mar 5, 2022 | United States | Financial Services | Cease all Visa transactions over the coming days | [7] |
WeWork | Mar 7, 2022 | United States | Commercial Real Estate | Finalizing solutions to divest operations in Russia | [2] |
Yum! Brands | Mar 8, 2022 | United States | Restaurants | Suspended all investment and restaurant development in Russia | [22] |
Data Sources
- McDonald's To Temporarily Close Restaurants & Pause Operations in Russiacorporate.mcdonalds.com
- WeWork Statement Regarding Russia Operationswework.com
- American Express Suspends Operations in Russia and Belarusabout.americanexpress.com
- FIFA/UEFA suspend Russian clubs and national teams from all competitionsfifa.com
- Suspension of Airbnb operations in Russia and Belarusairbnb.com
- Accenture to Discontinue Business in Russianewsroom.accenture.com
- Visa Suspends All Russia Operationsusa.visa.com
- Mastercard Statement on Suspension of Russian Operationsmastercard.com
- Delta suspends codeshare with Aeroflotnews.delta.com
- PepsiCo suspends production and sale of Pepsi-Cola and other global beverage brands in Russiapepsico.com
- The Coca-Cola Company Suspends its Business in Russiacoca-colacompany.com
- Updated Unilever statement on the war in Ukraineunilever.com
- FORD ISSUES STATEMENT ON SUSPENSION OF RUSSIAN JOINT VENTURE AND ASSISTANCE FOR UKRAINIAN REFUGEESmedia.ford.com
- ExxonMobil to discontinue operations at Sakhalin-1, make no new investments in Russiacorporate.exxonmobil.com
- bp to exit Rosneft shareholdingbp.com
- Shell announces intent to withdraw from Russian oil and gasshell.com
- @MercedesBenztwitter.com
- Spotify’s Statement in Response to the War in Ukrainenewsroom.spotify.com
- Letter to Partners from Kevin Johnson on Ukrainestories.starbucks.com
- Microsoft suspends new sales in Russiablogs.microsoft.com
- Updates to Amazon’s retail, entertainment, and AWS businesses in Russia and Belarusaboutamazon.com
- Yum! Brands (KFC, Pizza Hut, Taco Bell) Pausing Investment and Development in Russiayum.com
- Halliburton Announces Update on Russia Operations and Sanctions Compliancehalliburton.com
- Schlumberger Announces Update on Russia Operationsslb.com
- Renault industrial activities in Russia are suspendeden.media.renaultgroup.com
- Update on Russia and Ukrainenestle.com
- Philip Morris International Inc. (PMI) Announces Concrete Steps to Scale Down Operations in the Russian Federation and Its Intention to Exit the Marketpmi.com
- Societe Generale ceases its activities in russia and signs an agreement to sell Rosbank and its russian insurance subsidiariessocietegenerale.com
- Update on the Group’s current situation in Ukraine and Russiasocietegenerale.com
- Acer Reports Q1 2022 Preliminary Consolidated Revenues of NT$78.37 Billion, Highest in 9 Yearsnews.acer.com
- Condé Nast closes Vogue Russia and terminates Russia publishingvoguebusiness.com
- Corteva to Withdraw from Russiacorteva.com
- Siemens to wind down Russian businesspress.siemens.com
- McDonald’s To Exit from Russiacorporate.mcdonalds.com
- Update on IBM’s Business Operations in Russianewsroom.ibm.com