Foreign companies have left Russia: more than 1,000 (the list is being updated)

List of foreign companies that left Russia, closed or sold their business, suspended or froze their activities, as well as companies and brands that continue to operate in Russia despite the sanctions

08.01.23

Since Putin's barbaric military invasion of Ukraine began, more than 1,000 foreign companies have announced their voluntary withdrawal from Russia or the maximum reduction in activities in accordance with international sanctions,

However, some companies do not stop and continue to work in Russia. Thus, the list includes 227 foreign companies openly continuing to support the war and terrorism of Russia against Ukraine, and another 161 foreign companies have suspended new investments and business development in Russia, but continue to receive income in the country.

The list of foreign companies that leave Russia consists of five categories according to the degree of exit:

1) DIGGING IN / Neglect of the requirements to exit Russia: companies ignore the requirements to exit / reduce activities, continue to work in Russia as usual.

2) BUYING TIME / Suspension of new investments and expansion of activities: companies postpone future or planned investments / developments / marketing, while continuing with the main activities.

3) SCALING BACK / Reduction or partial curtailment of activities: companies reduce some business operations, but continue others.

4) SUSPENSION / Exit while maintaining the possibility of a return: companies are temporarily reducing operations, leaving open options for returning activities to the Russian market;

5) WITHDRAWAL / Complete withdrawal from Russia: companies completely terminate Russian obligations and leave Russia.

Here is an up-to-date list of the status of activities of foreign companies in Russia as of 01/01/2023.

List of foreign companies and their current status of activity in Russia

1. DIGGING IN / Neglect of requirements to withdraw from Russia - 227 companies

Name	Status	Industry	Country
Agrana	continue operating plant in Russia	Consumer Staples	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 China	still flying to Russia	Industrials	China
Air Serbia	still flying to Russia	Industrials	Serbia
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	Materials	Greece
Anadolu Efes	still operating in Russia	Consumer Staples	Turkey
ANT Group	joint venture with the Russian Sovereign Wealth Fund	Information Technology	China
Anta Sports	still operating and providing online sales to Russia	Consumer Discretionary	China
Antal	still operating and actively hiring in Russia	Industrials	United Kingdom
AnyDesk Software	still providing services to Russia; not disclosed publicly	Information Technology	Germany
Ariston Group	still operating and actively hiring in Russia	Consumer Discretionary	Italy
Asics	still operating in Russia; not disclosed publicly	Consumer Discretionary	Japan
Auchan-Retail	still operating in Russia	Consumer Staples	France
AVL	still operating in Russia	Industrials	Austria
B. Braun	still operating in Russia	Health Care	Germany
Babolat	still operating and selling to Russia	Consumer Discretionary	France
Bajaj Auto	business as usual	Consumer Discretionary	India
Benetton	continue operations in Russia	Consumer Discretionary	Italy
Bharat Petroleum (BPCL)	bought 2 million barrels of Russian Urals for May loading	Energy	India
Binbit	Operating in Russia	Communication Services	Mexico
Boggi	still operating in Russia & online sales running	Consumer Discretionary	Italy
Bonduelle	still operating in Russia	Consumer Staples	France
BPW	still cooperating with dealers in Russia; not disclosed publicly	Consumer Discretionary	Germany
Buzzi Unicem	continue operating plants in Russia	Materials	Italy
Calzedonia	continue sales in Russia	Consumer Discretionary	Italy
Camille Albane	franchised salons continue to operate	Consumer Discretionary	France
Carl's Jr. \| CLK	still operating in Russia	Consumer Discretionary	United States
Cham Wings	still flying to Russia	Industrials	Syria
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 Minmetals	discussing investments with Chinese government to booster stakes in Russian energy and commodity companies	Materials	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	Industrials	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
CLAAS	still operating in Russia; not disclosed publicly	Industrials	Germany
Clarins	still selling online in Russia	Consumer Discretionary	France
CLINTON	still operating in Russia (Camp David)	Consumer Discretionary	Germany
Cloudflare	continue sales & services in Russia	Information Technology	United States
Coal India	expecting highest import level in 2 years	Energy	India
Cofix Coffee	maintains locations in Russia	Consumer Staples	Israel
Colin's	still selling online	Consumer Discretionary	Turkey
Corendon Airlines	still flying to Russia	Industrials	Turkey
Cremonini Group	continue sales in Russia	Consumer Staples	Italy
De Cecco	continue sales and operations in Russia	Consumer Staples	Italy
Deep in Russia	still offering trips to Russia	Industrials	Belgium
Dessange International	still operating salons in Russia	Consumer Discretionary	France
Didi	explicitly reversed decision to exit Russia	Industrials	China
Diesel	still operating in Russia; not disclosed	Consumer Discretionary	Italy
Doka	still manufacturing in Russia; not disclosed	Industrials	Austria
Dr Reddys Labs	business as usual; plans new brands in Russia	Health Care	India
Duol	still operating in Russia	Consumer Discretionary	Slovenia
Egger	still operating in Russia	Industrials	Austria
Egyptair	still flying to Russia	Industrials	Egypt
ELA Container	still selling in Russia	Industrials	Germany
ElvalHalcor	Not disclosed publicly	Materials	Greece
Emirates Airlines	still flying to Russia	Industrials	United Arab Emirates
EMS-Chemie	still operating in Russia	Materials	Switzerland
Etam	still selling to Russia	Consumer Discretionary	France
Etihad Airways	still flying to Russia	Industrials	United Arab Emirates
Eutelsat	provide satellite TV services to Russia	Communication Services	France
Faurecia	still operating and advertising in Russia	Consumer Discretionary	France
FAW Group	remains silent on whether they will continue operations	Industrials	China
Fenzi Group	still operating in Russia	Industrials	Italy
Fischer Sports	still selling online	Consumer Discretionary	Austria
Fleetcor	business as usual	Financials	United States
Fluidra	continuing sales in Russia	Industrials	Spain
Fondital	still operating and investing in Russia	Industrials	Italy
Foraco	still operating in Russia	Energy	France
Forever Living Products	still operating in Russia	Consumer Discretionary	United States
Fresenius	still operating in Russia	Health Care	Germany
Frigoglass	still operating in Russia	Industrials	Greece
Gedeon Richter	still operating in Russia	Health Care	Hungary
Geoplin	still purchasing Russian gas from Gazprom	Energy	Slovenia
Global Fashion Group	still operating in Russia	Consumer Discretionary	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	Consumer Staples	France
Grupo Borges \| ITLV	still operating in Russia	Consumer Staples	Spain
Grupo Fuertes	still operating in Russia	Consumer Staples	Spain
Haier	planning expansion in Russia	Consumer Discretionary	China
Hampidjan	still operating in Russia	Industrials	Iceland
Heidenhain	still operating in Russia through a third-party; not disclosed publicly	Information Technology	Germany
Heliski Russia	cooperating with sanctioned individuals	Industrials	France
Hengli Group	business as usual	Energy	China
Herend	still operating in Russia	Consumer Discretionary	Hungary
Hindalco	business as usual	Materials	India
Hoffmann Group	still operating and advertising in Russia	Industrials	Germany
Honor	business as usual	Information Technology	China
Huntsman Corporation	still operating in Russia	Materials	United States
Ideal Molde	still selling to Russia	Industrials	Portugal
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
International Baccalaureate Organization	still offers professional development services to Russian teachers	NGO	Netherlands
International Paper	still operating in Russia	Materials	United States
IQVIA	still operating and actively hiring	Industrials	United States
Itochu	continues oil & gas exploration partnerships	Consumer Staples	Japan
JD.com	business as usual - the Russian store is still fully operational	Industrials	China
JDE Peet's	still operating in Russia	Consumer Staples	Netherlands
Jean Cacharel	still selling and advertising in Russia	Consumer Discretionary	France
JSW Steel	business as usual	Materials	India
Kawasaki	still operating in Russia, providing online sales, and cooperating with dealers	Industrials	Japan
Kemin	still operating in Russia; declined to commend	Health Care	United States
Kidzania	Operating facility in Russia	Communication Services	Mexico
KION Group	still operating in Russia; not disclosed publicly	Industrials	Germany
Kleemann	Not disclosed publicly	Industrials	Greece
Knarr Maritime	members still operating in Russia	Industrials	Iceland
Kotanyi	still exporting to Russia	Consumer Staples	Austria
Koton	still advertising and selling to Russia	Consumer Discretionary	Turkey
Krka	still operating in Russia	Health Care	Slovenia
Kronospan	still operating in Russia	Materials	Austria
Kweichow Moutai	business as usual	Consumer Staples	China
La Redoute	still selling products to Russia	Consumer Discretionary	France
Lacoste	still operating in Russia	Consumer Discretionary	France
LACTALIS	still operating in Russia	Consumer Staples	France
Larsen & Toubro	business as usual	Real Estate	India
Legrand	still operating in Russia	Industrials	France
Lemken	still operating and advertising in Russia	Industrials	Germany
Leptos Estates	continues operations in Russia	Real Estate	Cyprus
Letique Cosmetics	maintains stores in Russia	Consumer Staples	Latvia
Liebherr	No action taken; still operating in Russia	Industrials	Switzerland
Lifestyle Production Group (LPG)	Continuing to hire Russian employees for editing		United States
LiSEC	still operating in Russia	Industrials	Austria
Luka Koper	continuing trans shipments	Industrials	Slovenia
Mahindra & Mahindra	business as usual	Consumer Discretionary	India
Makita	still working with dealers in Russia	Industrials	Japan
Makrochem SA	still operating in Russia	Industrials	Poland
Match Group	continue to operate in Russia including Tinder	Communication Services	United States
Maxam	still operating in Russia	Materials	Spain
Micro-Star International Co. (MSi)	still operating in Russia	Information Technology	Taiwan
Mitsubishi Heavy Industries	still operating in Russia	Industrials	Japan
Mitsui	continuing operations within sanctions compliance & shares in Sakhalin-2 project	Materials	Japan
Mizuho Financial Group	still operating in Russia	Financials	Japan
Mod's Hair	still operates in Russia	Consumer Discretionary	France
MOLGroup	still operating in Russia	Energy	Hungary
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	Communication Services	Japan
NIS Serbia	partnership with Gazprom Neft; Gazprom has a 50% stake in NIS	Energy	Serbia
Oasis Logistics Corp	“We are actively exploring opportunities to work with our Russian partners”	Industrials	China
OBO Bettermann	still operating in Russia	Industrials	Germany
OCSiAl	still running research center and branch	Information Technology	Luxembourg
OKI	still operating in Russia; not disclosed	Information Technology	Japan
ONGC	aggressive selling of Russian Sokoil to other Indian Nationalised Energy corps	Energy	India
Oppo	business as usual	Information Technology	China
Orano	still operating in Russia	Energy	France
Patreon	still providing services to Russia	Financials	United States
Pegasus	still flying to Russia	Industrials	Turkey
Perfetti Van Melle	still operating in Russia; not disclosed publicly	Consumer Staples	Italy
Philips	online sales still available in Russia	Consumer Discretionary	Netherlands
Pidilite Ind	business as usual	Materials	India
Plastika Kritis	Not disclosed publicly	Materials	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
Posco	operating through a Russian subsidiary	Materials	South Korea
PowerChina	cooperating with a Russian bank "Solidarnost" on off-shore projectes	Energy	China
Projahn	still operating in Russia through a subsidiary	Industrials	Germany
Provalliance Group (Jean Louis David)	affiliates still operating in Russia	Consumer Discretionary	France
Qatar Airways	still flying to Russia	Industrials	Qatar
Quicksilver	online sales still running	Consumer Discretionary	United States
Raba	maintain commerical ties with Russian Kamaz	Industrials	Hungary
Rabe Moden	still advertising and selling to Russia via Telegram	Consumer Discretionary	Germany
Raiffeisen Bank International	still operating in Russia	Financials	Austria
Riko	still operating in Russa	Industrials	Slovenia
Riot Games	still operating in and selling to Russia	Consumer Discretionary	United States
Royal Swinkels Family Brewers	still providing Russia with a license to brew products; intention to terminate the license	Consumer Staples	Netherlands
Russia Fachspedition Dr. Lassmann	still operating in Russia	Industrials	Austria
SAIC Motor	remains operational; plans to increase export	Industrials	China
Sanatmetal	still operating in Russia	Health Care	Hungary
Sany Heavy Industries	business as usual	Industrials	China
Sbarro Pizza	still operating in Russia and allowing placing online orders	Consumer Discretionary	United States
Schoeller Bleckmann	still operating in Russia	Industrials	Austria
Semiconductor Manufacturing International Corporation	defies US sanctions by continuting to export to Russia	Information Technology	China
Shanghai Fosun Pharmaceutical	business as usual	Health Care	China
Siemens Healthineers	continue to support healthcare providers	Health Care	Germany
Signet Armorite	operating in Russia through a subsidiary	Consumer Discretionary	United States
Sisecam	still operating in Russia through subsidiaries	Materials	Turkey
SMC	still operating in Russia	Industrials	Japan
Société Bic	still operating and actively hiring in Russia	Consumer Discretionary	France
Soler & Palau Ventilation Group	Business as usual, 15 listed distributors		Spain
Stada Arzneimittel	still operating in Russia	Health Care	Germany
State Grid Corporation of China	business as usual	Utilities	China
Storck	continue candy sales in Russia	Consumer Staples	Germany
Stryker	continue sales and imports to Russia	Health Care	United States
Sun Pharma	business as usual	Health Care	India
SWISS KRONO	still operating plant in Russia	Industrials	Switzerland
Syngenta	still operating in Russia	Health Care	China
TDZ Turn	still serving customers in Russia; not disclosed publicly	Industrials	Czech Republic
Tencent	major investment in VK	Communication Services	China
Tenneco	still operating in Russia; deny comments	Consumer Discretionary	United States
TEPCO	continues purchases of Russian gas	Utilities	Japan
Teva	no action taken; still operating Russia	Health Care	Israel
TGI Friday's	still operating in Russia	Consumer Discretionary	United States
The China Coal Transportation and Distribution Association	big power plants and about 20 Russian coal companies discussed plans to increase bilateral trade	Energy	China
Titan International	still operating in Russia	Industrials	United States
Tom Ford	still operating in Russia; not disclosed publicly	Consumer Discretionary	United States
Tupperware	still operating and actively hiring in Russia	Consumer Discretionary	United States
Turkish Airlines	still flying to Russia	Industrials	Turkey
UniCredit	Still operating in Russia	Financials	Italy
Uzbekistan Airways	still flying to Russia	Industrials	Uzbekistan
Valeo	still operating in Russia	Consumer Discretionary	France
Valve	still providing services to Russia	Consumer Discretionary	United States
Vanke	business as usual	Real Estate	China
Veolia	still operating in Russia	Utilities	France
Vinci SA	still operating in Russia	Industrials	France
Vivo	still operating in Russia	Industrials	China
Wanhua Chemical Group	still operating in Russia	Materials	China
Wienerberger	still operating in Russia	Industrials	Austria
WIKA	still operating in Russia	Industrials	Germany
Xibao Metallurgy Materials Group	building a refractory material plant in Lipetsk, Russia	Industrials	China
Yamaha	still operating and advertising in Russia	Consumer Discretionary	Japan
Yazaki	operating in Russia through a subsidiary	Consumer Discretionary	Japan
Zepter	still advertising and selling to Russia	Consumer Discretionary	Switzerland
ZET Chemie	still operating in Russia	Materials	Germany
Zimmer Biomet	continues sales in Russia	Health Care	United States
ZTE	business as usual	Information Technology	China
Zwack	Not disclosed publicly	Consumer Staples	Hungary

2. BUYING TIME / Suspension of new investments and expansion in Russia - 161 companies

Name	Status	Industry	Country
Aalberts	continue operations on an unspecified "lower" level & postpone investments	Industrials	Netherlands
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	Consumer Discretionary	Luxembourg
Air Liquide	Some clients no longer supplied, others scaled down; all Russian investments on hold	Materials	France
Airbus	suspend supply of parts and deliveries/servicing, t but continue substantial titanium purchases from Russia	Industrials	Netherlands
Akrapovič	still operating in Russia	Consumer Discretionary	Slovenia
Alcon	suspend new investments and new clinical trial enrollment in Russia	Health Care	Switzerland
AmerisourceBergen	cease new business initiatives but continue existing clinical trials, and distributing health products	Health Care	United States
Andbank	investigate if Russian customers are subject to European sanctions	Financials	Andorra
Andritz	suspend unspecified new business in Russia for time being	Industrials	Austria
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
Aurubis AG	monitor situation and review structures of Russian business partners	Industrials	Germany
Bang & Bonsomer	suspend new investments but still operating in Russia	Materials	Finland
Barilla	all new investments and advertising activities on hold; limit Russia production to pasta and bread	Consumer Staples	Italy
Barry Callebaut	suspend capital investment	Consumer Staples	Switzerland
Bayer	stopping unspecified non-essential business activity	Health Care	Germany
Binance	restrict Russian accounts with over €10,000	Financials	China
BlaBlaCar	Stopped new investment but stays in Russia	Information Technology	France
Boiron	suspend new investments & stop clinical trials	Health Care	France
Bolt	remove all Russia-manufactured and Russian-branded goods	Information Technology	Estonia
Bristol-Myers Squibb	pause new trials & stop enrollment of new participants; still actively hiring in Russia	Health Care	United States
Calfrac Well Services	suspension of new investments in Russia	Energy	Canada
Campari	continue sales in Russia but suspend new investments	Consumer Staples	Italy
CANPACK	Stopped new investments	Materials	Poland
CAPRI Holdings (Versace, Michael Kors, Jimmy Cho)	online orders unavailable but still advertising; no information about on-site sales	Consumer Discretionary	United States
Cargill	unspecified scaling down of non-essential operations	Consumer Staples	United States
Carmim	suspend some orders in backlog	Consumer Staples	Portugal
Citadele Banka	still allows transactions to Russia but introduced more thorough checks	Financials	Latvia
Colgate-Palmolive	continue essential health and hygiene products	Consumer Staples	United States
Corticeira Amorim	commerical activity suspended	Materials	Portugal
Crèdit Andorrà	investigate if Russian customers are subject to European sanctions	Financials	Andorra
Deceuninck	stop investments & cut links with other establishments	Industrials	Belgium
Delonghi	paused new shipments and investments	Consumer Discretionary	Italy
DMK Group	suspend new investments/advertising but continue sales and plant operations in Russia	Consumer Staples	Germany
Domino's Pizza	suspend royalty payments & limit investment – restaurants remain open	Consumer Discretionary	United States
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
Eesti Gaas	continues to import Russian gas but is looking for alternatives	Energy	Estonia
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
Engie	no new investments	Utilities	France
ESL	ban people with ties to Russian government	NGO	Germany
FL Smidth	no new business	Industrials	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
Freelancer	still operating in Russia; sanctioned payment methods disabled	Information Technology	Australia
Freudenberg Group	cease trading operations with Russia & Belarus; running plants in Russia	Industrials	Germany
Fujifilm	Suspended some shipments	Information Technology	Japan
Geox	suspend new investments	Consumer Discretionary	Italy
Giorgio Armani	Suspended investments	Consumer Discretionary	Italy
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
Hard Rock Café	still operating in Russia	Consumer Staples	United States
HeidelbergCement	suspend all further investments	Materials	Germany
Hellenic Bank	maintain rep offices in Russia; observe all banking sactions	Financials	Cyprus
Hellenic Petroleum	seeks new oil supplier to replace Russian oil	Energy	Greece
HERZ	no new business in Russia	Consumer Discretionary	Austria
Hilton	suspend new investments/close corporate office	Consumer Discretionary	United States
Hines	suspend new investments in Russia	Industrials	United States
HiPP	suspend investments in Russia but continue substantive operations	Consumer Staples	Switzerland
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
Icosagen	not start any new projects	Industrials	Estonia
ID Logistics	suspend new investment in Russia	Industrials	France
ING Bank	pause all new business	Financials	Netherlands
Ingram Micro	no new business in Russia	Information Technology	United States
Intermedia	move some employees out of Russia and ambiguous reduction of risk exposure to Russia	Communication Services	United States
Intesa Sanpaolo	suspend new investments and curtail new financing	Financials	Italy
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
KCA Deutag	suspend investments	Energy	United Kingdom
KDDI Corp	continue operations with local staff	Communication Services	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	Consumer Staples	United States
Kubíček VHS	stop cooperation	Industrials	Czech Republic
Laboratoire Servier	suspending new investments but still operating in Russia	Health Care	France
Lenovo	reported to suspend operations in Russia	Information Technology	Hong Kong
Loulis Mills	search for alternative suppliers	Consumer Staples	Greece
Maire Tecnimonet	suspended commercial activities; managing existing backlog	Industrials	Italy
Manitowoc	stopped taking new orders, still maintaining office in Russia	Industrials	United States
Marel	paused new projects	Consumer Staples	Iceland
Mavenir	continue operating in Russia but very limited curtailment of some activities	Information Technology	United States
Medtronic	Limited some activities	Health Care	United States
Melamin	making up for shortfall from sanctions	Materials	Slovenia
Menarini Group	stop advertisement and new investments; continue operating plant in Russia	Health Care	Italy
Merck	no further investments/clinical trial enrollment	Health Care	United States
Merck	still operating and actively hiring in Russia; restrict transactions	Health Care	Germany
Metro	stop all growth investments and reduce advertisements	Consumer Staples	Germany
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	Consumer Staples	United States
National Oilwell Varco	suspend all new investments in Russia	Energy	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	Materials	Japan
Nor-Maali	stop further investments	Industrials	Finland
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	suspend further marketing and clinical investment; pause new clinical trials and active enrollment	Health Care	Denmark
NTPC	difficulty in transacting with Russian counterparties due to SWIFT issues etc	Utilities	India
Olam Group	ceased imports into Russia	Consumer Staples	Singapore
OMV	no new Russian investments; doing strategic review of current Russian gas investments	Energy	Austria
Palfinger	reduced production	Industrials	Austria
Pfizer	stopped new investments/clinical trials in Russia	Health Care	United States
Polpharma	stop all new investments and limit deliveries to essential drugs only	Health Care	Poland
Pottinger	limited deliveries to Russia sales subsidiary	Industrials	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
Remondis	still operating in Russia; not disclosed publicly	Industrials	Germany
RHI Magnesita	selling down existing stocks in Russia	Industrials	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	Industrials	Italy
Sanofi	halting advertising and promotional spending and new recruitment of patients clinical trials, continue medical supply and treating current patients	Health Care	France
Sarens	new projects cancelled	Industrials	Belgium
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
SCHOTT	suspend investments in Russia	Materials	Germany
SGS	Suspended business development and investment activities	Industrials	Switzerland
Sigma Group	Stop cooperation	Industrials	Czech Republic
Signify	suspend only exports to Russia and investments and new business	Consumer Discretionary	Netherlands
Snap	halt advertisement	Communication Services	United States
Soudal	cancel investments in a brand new factory in Russia; but maintain other activities	Materials	Belgium
SRV	outline steps to stop procurement of building materials from Russia	Materials	Finland
Subway	suspend new investments/advertising	Consumer Staples	United States
Sumitomo Mitsui Financial	continue operations with local staff	Financials	Japan
Technip Energies	continuing existing projects; no new business	Energy	France
TMF Group	suspend new contracts; cotinue supporting current customers	Industrials	Netherlands
TOM Tailor	no official statement; online sales suspended but advertising continues	Consumer Discretionary	Germany
Toshiba Group	stop all new investments in Russia	Information Technology	Japan
Toshulin	Stopped cooperation	Industrials	Czech Republic
Toyota Tsusho	Stopped exports and imports of auto parts to and from Russia	Materials	Japan
TZMO	stopped new investments	Consumer Staples	Poland
Unilever	stopped inports/exports and stopped all advertising and investments	Consumer Staples	United Kingdom
UnionPay	Suspended issuing bank cards to Russian Banks	Financials	China
Vimeo	not accept new customers from Russia	Communication Services	United States
Weatherford International	suspend new investments/deployments in Russia	Energy	United States
Welltec	suspend all new investments in Russia	Energy	Denmark
Wintershall Dea AG	maintain Russian natural gas projects and critical infrastructure; write-off Nord Stream2 loans	Energy	Germany
Xiaomi	reported to suspend operations in Russia	Information Technology	China
Yokogawa	No new projects in Russia	Information Technology	Japan
Yokohama	decision to renew production in Russia despite previous announcements to halt production	Consumer Discretionary	Japan
Young Living	suspend new investments in Russia	Consumer Staples	United States
Yves Rocher	suspend new investments/development	Consumer Staples	France

3. SCALING BACK / Reduction, partial curtailment of activities in Russia - 171 companies

Name	Status	Industry	Country
ABB	temporarily pausing all new orders and operational activity	Industrials	Switzerland
Activision Blizzard	suspend new sales of and in our games in Russia	Communication Services	United States
ADEO \| Leroy Merlin	Stopped new investments, imports, and financing in Russia	Consumer Discretionary	France
Adobe	suspend all new sales in Russia and Belarus; current services continue	Information Technology	United States
AGCO	stop sale of new machines to Russia	Industrials	United States
AkzoNobel	suspend new investments in Russia; end Aerospace work	Materials	Netherlands
Allianz	meaningfully reduce exposure to Russia	Financials	Germany
Alphabet	withdraw all operations in Moscow; stop taking new customers; stop ads	Communication Services	United States
Amadeus IT Group	suspend partnership with Aeroflot	Information Technology	Spain
Amgen	suspend all non-essential business activities; keep delivering some medicines	Health Care	United States
AmRest	suspend operations with some brands in Russia	Consumer Discretionary	Spain
ASBIS	amends contracts following new sanctions	Information Technology	Cyprus
Aspo	reducing operations in Russia	Industrials	Finland
Avaya	limit certain services; cease new maintenance and support arrangements	Information Technology	United States
Bacardi	paused exports to Russia but not domestic operations	Consumer Staples	Bermuda
Bank of Cyprus	maintain loan book; observe banking sanctions	Financials	Cyprus
Beiersdorf	maintain skin and bodycare products; stop other products	Consumer Staples	Germany
Bekaert	scale back business in Russia	Industrials	Belgium
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
BNY Mellon	suspend new business activity and investments; continue cooperation with current clients	Financials	United States
Boehringer Ingelheim	scale back to just supplying medicine	Health Care	Germany
Bosch	suspend some shipments and plants but not all	Industrials	Germany
Boston Scientific	suspend all new investment and non-essential activity	Health Care	United States
Brenntag	suspend exports to Russia; no information about local operations	Materials	Germany
Bucher Industries	not specified business activities in Russia were reduced "substantially"	Industrials	Switzerland
Bunge	suspend exports but continue certain domestic	Consumer Staples	United States
Bureau Veritas	scaled back	Industrials	France
Carl Zeiss		Health Care	Germany
Carrier	not pursue new business opportunities but continue fulfilling existing contracts	Industrials	United States
Carter's \| Oshkosh	stop all shipments of merchandise to Russia	Industrials	United States
Caterpillar	suspend minor Russian manufacturing facilities but not import sales	Industrials	United States
CHR Hansen	suspend operations outside of staple food products	Materials	Denmark
Coca-Cola	suspend certain operations in Russia but continue to operate some chains (Costa Coffee)	Consumer Staples	United States
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
Credit Suisse	stop new business in Russia while meaningfully cutting exposure by 56%	Financials	Switzerland
Danske Bank	ban Russian investments in customers' portfolios	Financials	Denmark
DB Schenker	suspend direct shipments to Russia; continue Europe to Kazakhstan and Russia to Kazakhstan routes	Industrials	Germany
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	Communication Services	United States
Donaldson Company	stop direct product shipments into Russia & Belarus; no statement about operations inside Russia nor about partnerships	Industrials	United States
Dover Corporation	ramping down sales activity and focusing on liquidating working capital	Industrials	United States
Dow	suspend investments/some purchases but not all	Materials	United States
Duolingo	make services free and stop gaining revenue	Information Technology	United States
E.ON	stop buying new Russian gas	Utilities	Germany
Eaton	stop shipments to Russia; maintains services	Industrials	United States
Eimskip	reduced operation in Russia	Industrials	Iceland
Elanco	scale back to critical products to ensure food security	Health Care	United States
Elsevier	suspended all sales except essential health products	Communication Services	Netherlands
Eni	suspend stipulation of new oil contracts; divest from investmens for rubles	Energy	Italy
Epic Games	stop in-game commerce for Russia	Consumer Discretionary	United States
Esri	curtail sales to Russia; no information about Russian office	Information Technology	United Kingdom
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
Gap Inc	online sales running; stopped shipments to franchisees in Russia	Consumer Discretionary	United States
Garmin	stop all future trade with Russia; still provide GPS services to devices in Russia (incl. Russian military)	Consumer Discretionary	United States
GE	stopped sales in Russia and Belarus except medical equipment and support for electric power generation and transmission	Industrials	United States
GEA Group	suspend new investments	Industrials	Germany
General Mills	suspended sales of global brands in its JV	Consumer Staples	United States
Geodis	suspend services in Russia & reduce shipments to and from Russia significantly	Industrials	France
Georg Fischer	temporary suspension of deliveries to Russia	Industrials	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
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	Industrials	Liechtenstein
Hostinger	stop accepting payments for new purchases and renewals	Information Technology	Lithuania
Idemitsu Kosan	stop coal imports; lubricants business unchanged	Energy	Japan
Indesit	suspend production due to "full warehouses"	Consumer Discretionary	Italy
IndusInd Bank	can no longer clear rupee rouble conversions	Financials	India
Ingersoll Rand	scale back to only health critical services	Industrials	United States
Ingka	stop all exports, IKEA production; keep open retail centers (Mega)	Consumer Discretionary	Netherlands
Inspire Brands (Dunkin' Donuts, Baskin Robins)	halt corporate support for franchisees	Consumer Discretionary	United States
International Biathlon Union	Russians to compete as neutral athletes	NGO	Austria
IPG Photonics	suspend new investments and reduce manufacturing in Russia	Information Technology	United States
Iskratel	paused some business with Russia	Communication Services	Slovenia
Iveco	suspend deliveries to Russia; truck JV still in operations	Industrials	Italy
J&T Finance Group	curb its activities in Russia	Financials	Slovakia
JPMorgan	wind down business in Russia but buy Russian debt	Financials	United States
Julius Baer	wind down Russian office, suspend new business in Russia, reduce current exposure; retain current Russian clients	Financials	Switzerland
Kellogg	suspend new investments except essentials (minor)	Consumer Staples	United States
Kotak Mahindra	paused transaction through cards in Russia	Financials	India
Kuehne + Nagel AG	suspend all shipments to Russia (except Pharma, healthcare and humanitarian supplies)	Industrials	Switzerland
Lear Corporation	still operating in Russia; no disclosed publicly	Consumer Discretionary	United States
Legal & General	reduce exposure	Financials	United Kingdom
Linde	divest certain industrial assets and suspend new development/investments	Materials	Germany
Lotos	stopped purchasing Russian spot oil	Energy	Poland
Loyalty Ventures	scale back most services and stop new sales	Consumer Discretionary	United States
Luxottica	restrict Russian operations to medical services	Consumer Discretionary	Italy
LyondellBasell	end all business with state-controlled entities	Materials	Netherlands
Mahle	halt new business & scale back shipments to Russia significantly	Industrials	Germany
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	Industrials	Japan
Maruti Suzuki	suspend car exports	Consumer Discretionary	India
Mashreqbank	halt loans to Russia	Financials	United Arab Emirates
Microsoft	suspend new sales in Russia but continue existing 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	Information Technology	Netherlands
Mitsubishi UFJ Financial Group	Japanese expats working for MUFG Bank (Eurasia) have moved out of Russia to work outside of the country on a temporary basis	Financials	Japan
Moody's	suspend commercial operations within Russia	Financials	United States
Nalco Water (Ecolab)	suspended services except services critical to health	Industrials	United States
Natura	suspend some subsidiary operations but not all	Consumer Staples	United States
Nemetschek Group	suspend any new business in Russia & all business with sanctioned entities	Information Technology	Germany
NielsenIQ	suspend consulting service but not core business	Industrials	United States
Nokian Tyres	meaningfully reduce production in Russia	Consumer Discretionary	Finland
Nordea Bank	stop processing payments to and from Russia & Belarus	Financials	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
Okta	halt new sales to Russia but continue supporting current customers	Information Technology	United States
Oriflame Cosmetics	suspend online sales to end consumers but not others	Consumer Staples	Switzerland
Orion	stop exports to Russia	Health Care	Finland
Orsted	end coal and biomass purchases, refuse to pay for gas in roubles	Utilities	Denmark
Otis Worldwide	exploring options for exit; while no new investments/new contracts but fulfill existing agreements	Industrials	United States
OTP Bank	wind down corporate lending	Financials	Hungary
Paccar	stop driect sales in Russia but continue selling through thrid-parties	Industrials	United States
Paul Wurth	stopped new business, closed sites, and scaled back serviceds	Industrials	Luxembourg
Pepsi	suspend operations in Russia except essentials	Consumer Staples	United States
Phibro Animal Health Corp	curtail some operations (i.e. ethanol) and substantial sales hit	Health Care	United States
Philip Morris	explore strategic alternatives, while stop new investments including $150MM, paused marketing, canceled product launches	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
Playtika	temporarily block new downloads games in Russia	Information Technology	Israel
PPG	scale back majority of operations and suspend new investments in Russia	Materials	United States
Rational	suspend deliveries to Russia but retain operations inside Russia	Consumer Discretionary	Germany
Rosenbauer	no new business; continue servicing fire engine pumps in Russian JV	Industrials	Austria
Royal DSM	stopped all operations in Russia other than basic food/feed/essential health activities	Materials	Netherlands
Sabre	suspend certain partnerships with Aeroflot	Information Technology	United States
Saint-Gobain	suspend exports and imports but not local operations	Industrials	France
SAP	stop all sales to Russia and shut down cloud operations but some carveouts	Information Technology	Germany
SBI	stopped processing transactions of sanctioned Russian entities	Financials	India
Schaeffler	stop deliveries to Russia; continue manufacturing in Russia	Industrials	Germany
Scopely	suspend marketing and commerce	Communication Services	United States
Shutterstock	not accept new contributors from Russia; continue current businesses & still offer services to Russia	Communication Services	United States
SHV	suspend new investments, new projects, new exports; continue to work with suppliers and customers in Russia	Energy	Netherlands
Signet Jewelers	suspend business interaction with Russian-owned entities; no information about other Russian customers	Consumer Discretionary	United States
Sika	significantly scale back business in Russia; stop production; stop investments	Industrials	Switzerland
Sinopec	suspend $500MM new investment and significant operations and partnerships	Energy	China
Skadden	suspend certain operations in Russia but not all	Industrials	United States
Skandinaviska Enskilda Banken	scaling down operations in Russia	Financials	Sweden
Sketchers	suspended shipments to Russia but online sales continue	Consumer Discretionary	United States
Spotify	closed office and suspend service but still allow Kremlin-associated artists (e.g. Gazmanov, Gagarina)	Communication Services	Sweden
Systemair	Temporarily discontinuing all deliveries		Sweden
Tennant	substantially suspending sales to Russia	Industrials	United States
Terex Corporation	stop accepting new orders from continuing dealer network in Russia	Industrials	United States
Tetra Pak	stopped new investments and scaled down activities	Industrials	Sweden
ThyssenKrupp	Stopped new business and investments. Closed plant	Materials	Germany
Tikkurila	reduce Russian operations; stop sales to aerospace; consider exiting Russia	Materials	Finland
Tokio Marine	suspend new contracts and repatriate employees	Financials	Japan
TomTom	turn off live traffic for Russia, cut ties with several Russian customers, some customers are still under review	Information Technology	Netherlands
Total Energies	no longer will provide capital for new projects in Russia/stop purchasing Russian oil; withdraw from Acrtic LNG 2 project	Energy	France
Toyota	stop production at its St. Petersburg plant and stop imports of vehicles; no statement about retail operations and services inside Russia	Consumer Discretionary	Japan
Trafigura	freeze investments and stop purchasing crude oil from Rosneft; maintain shareholding in Russia	Energy	Singapore
Triglav Group	not renewing or entering into new business	Financials	Slovenia
Tungsram	stopped producing products and projects	Utilities	Hungary
U.S. Polo Assn.	stopped all shipments of goods into Russia and shut down all branded digital operations but phased approach to closing physical stores	Consumer Discretionary	United States
UBS	suspend new business in Russia and reduce current exposure by helping clients unwind Russia securities; reducing Russian client services	Financials	Switzerland
Uniper SE	suspend new Russian gas purchases/divest Unipro	Utilities	Germany
Valentino	suspend online sales; no information about on-site sales	Consumer Discretionary	Italy
Vattenfall	shifting energy purchases away from Russia	Utilities	Sweden
Wartsila	suspend all deliveries and new sales to Russia; continue ongoing projects	Industrials	Finland
Westinghouse Air Brake Technologies Corp	stopped sales to Russia	Industrials	United States
Whirlpool	limiting production in Russia	Consumer Discretionary	United States
Wilo	stop shipments to and from Russia; no comment about production in Russia	Industrials	Germany
Wolters Kluwer	scale back to just health products in Russia	Financials	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	Consumer Discretionary	Germany
Zoetis	suspend investments & focus on supply of medicines and vaccines	Health Care	United States

4. SUSPENSION / Exit while maintaining the possibility of resuming activities in Russia - 495 companies

Name	Status	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	Industrials	United Kingdom
Acer	suspend its business in Russia	Information Technology	Taiwan
Acne Studios	put all Russian activities on hold	Consumer Discretionary	Sweden
Adamed	halt sales and production in Russia	Health Care	Poland
Adidas	suspend operations in Russia	Consumer Discretionary	Germany
ADP	suspend sales/services to Russia	Information Technology	United States
AICPA	suspend sale and delivery of services indefinitely	Industrials	United States
Air Astana	suspend flights to Russia	Industrials	Kazakhstan
Air France	halt flight to and from Russia	Industrials	France
Air Malta	suspend all flights to and from Russia	Industrials	Malta
Airbnb	block bookings and block accepting guests in Russia	Consumer Discretionary	United States
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
Alaska Airlines	temporarily suspend partnership with Russian airline	Industrials	United States
Alimentation Couche-Tard	suspend operations	Consumer Staples	Canada
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
AMD	suspend all sales to Russia	Information Technology	United States
Amdocs	stop all new sales of product and services in Russia	Information Technology	United States
Amer Sports	suspend all commercial activities in Russia	Consumer Discretionary	Finland
American Express	suspend operations in Russia	Financials	United States
Amica	suspended Russian exports	Consumer Discretionary	Poland
Amway	suspend operations in Russia	Consumer Staples	United States
Analog Devices	suspend sales to Russia according to sanctions	Information Technology	United States
Ansys	suspend all sales and business activity	Information Technology	United States
Aon PLC	suspend operations in Russia	Financials	United Kingdom
Apple	suspend all official site sales; turn off select apps and services	Information Technology	United States
Arla	suspends all operations	Consumer Staples	Denmark
ARM	suspend shipments according to sanctions	Information Technology	United Kingdom
Asian Infrastructure Investment Bank	curtail Russian access to capital markets	Financials	China
Asos	suspend all shipments to Russia	Consumer Discretionary	United Kingdom
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
Asus	suspend shipments to Russia	Information Technology	Taiwan
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
Austrian Airlines	cancel Russian flights until July	Industrials	Austria
Authentic Brands Group - Reebok	successfully completed suspension of all operations	Consumer Discretionary	United States
Autodesk	suspend operations in Russia	Information Technology	United States
Avast	suspend all operations in Russia	Information Technology	Czech Republic
AXA	stop underwriting new insurance & stop renewals	Financials	France
AXA Investments Managers	pause investments & prohibit new subscriptions	Financials	France
Azerbaijan Airlines	suspend flights to Russia	Industrials	Azerbaijan
B Lab	suspend Russian companies from obtaining certifications	NGO	United States
Badminton World Federation	cancel all tournaments	NGO	Malaysia
Bain	suspend consulting for all Russian businesses	Industrials	United States
Baker Hughes	no longer provide engineering services to Russian LNG developers	Energy	United States
Bang & Olufsen	suspended deliveries and sales to Russia	Information Technology	Denmark
Bank of China	curtail Russian access to capital markets	Financials	China
BCG	suspend operations; Moscow office open	Industrials	United States
Bentley	suspend all shipments to Russia	Consumer Discretionary	United States
Bentley Systems	pause sales to Russia & Belarus	Information Technology	United States
Big Fish Games	suspend downloadable game business in Russia	Communication Services	United States
Bitdefender	suspend all sales to Russia	Information Technology	Romania
BlackBerry	cease all activities in Russia	Information Technology	Canada
BMC	suspend all business with Russia & Belarus	Information Technology	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
Boohoo Group	suspend all shipments to Russia	Consumer Discretionary	United Kingdom
Booking	suspend bookings in Russia	Consumer Discretionary	United States
Boosteroid Cloud Gaming	suspend services to Russia	Information Technology	United Arab Emirates
Boryszew	suspended operations in Russia	Materials	Poland
Brav	suspend sales and operations in Russia	Consumer Discretionary	Norway
Bridgestone Tire	suspend manufacturing in Russia and shipments into	Consumer Discretionary	Japan
British Airways	cancel Russian flights	Industrials	United Kingdom
Brown-Forman	suspend commercial operations in Russia	Consumer Staples	United States
BUDVAR Centrum Sp. z.o.o.		Industrials	Poland
Budweiser Budvar	suspends production and supply of beer	Consumer Staples	Czech Republic
Bulgaria Air	suspend flights to Russia	Industrials	Bulgaria
Bulgarian Postbank	stop operations in Russian ruble	Financials	Bulgaria
bunq.com	suspend SWIFT transfers to sanctioned banks	Financials	Netherlands
Burberry	suspend all shipments to Russia	Consumer Discretionary	United Kingdom
Burger King (Restaurant Brands)	halt corporate support for franchises	Consumer Staples	United States
Buta Airways	suspend flights to Russia	Industrials	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
Canonical	suspend support & professional services	Information Technology	United Kingdom
Capgemini	stop services to Russia	Information Technology	France
Cargolux	suspend all shipments into and through Russia	Industrials	Luxembourg
Cargotec	stop all sales to Russia & Belarus	Industrials	Finland
CBRE	discontinue Russian business	Real Estate	United States
CCC	suspends operations in Russia (delivery to Russia, further expansion)	Consumer Discretionary	Poland
CD Projekt	suspends sales of products in Russia & Belarus	Communication Services	Poland
CERN	suspend Russia's obeserver status; halt new collaborations	NGO	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	Industrials	United Kingdom
Cie Automotives	temporarily shut down aluminum plant	Consumer Discretionary	Spain
Ciena	suspend business operations in Russia	Communication Services	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	Industrials	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	Industrials	United Kingdom
Cogent Communications	cut all internet to Russia	Communication Services	United States
Columbia Sportswear	pause taking any new orders from Russian distributor & remove future sales	Consumer Discretionary	United States
Commerzbank	suspend operations in Russia	Financials	Germany
Conde Nast	suspend all publishing operations	Communication Services	United States
Conformis	suspend distribution operations in Russia	Health Care	United States
Costco	stopped purchases from Russia	Consumer Discretionary	United States
Coupa	suspend operations in Russia	Information Technology	United States
Coursera	platform available; refrain from financial benefits from the region; suspend some content	Consumer Discretionary	United States
Credit Agricole	suspend all services in Russia	Financials	France
Crocs	suspend D2C business	Consumer Discretionary	United States
Curve	no longer allow Russian payment cards & transaction in RUB	Financials	United Kingdom
Cyprus Airways	suspend flights to Russia	Industrials	Cyprus
d&b audiotechnik	suspend all shipments to Russia	Consumer Discretionary	Germany
DACHSER	suspend deliveries to Russia	Industrials	Germany
Daimler Truck	freeze activities in Russia	Consumer Discretionary	Germany
Damen	stop supplying ships to Russia, halt new contracts	Industrials	Netherlands
Danaher	suspended shipments to Russia except for humanitarian medical products	Health Care	United States
Danone	Announced Transfer	Consumer Staples	France
Dassault Aviation	suspend all shipments to Russia	Industrials	France
Dassault Systèmes	suspend business operations in Russia	Information Technology	France
Debevoise & Plimpton	Wind down Russia operations; local partners and counsel open Russian business	Industrials	United States
Decathlon	suspend the operation of its stores in Russia	Consumer Discretionary	France
Deckers	suspend business in Russia	Consumer Discretionary	United States
Dell	suspend all shipments to Russia	Information Technology	United States
Demant	suspend all trade with Russia	Health Care	Denmark
Denso	suspend all shipments into Russia	Consumer Discretionary	Japan
Depositphotos	stop all sales and services to Russia	Consumer Discretionary	Ukraine
DHL	suspend all shipments to Russia	Industrials	Germany
Diadora	suspend contracts with Russian commercial partners	Consumer Discretionary	Italy
Diageo	suspend all shipments to Russia	Consumer Staples	United Kingdom
Diebold Nixdorf	suspend shipments and sales of any kind into Russia.	Information Technology	United States
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
DJI	stop selling drones in Russia	Information Technology	China
DKV Mobility	stop all activity for Russian domestic business	Information Technology	Germany
DMG Mori	stop all business activities in Russia	Industrials	Japan
Dreamstime	restrict download plans and payments for Russian customers	Communication Services	United States
DSV A/S	suspend all shipments to Russia	Industrials	Denmark
DuPont	suspend operations in Russia and Belarus	Materials	United States
eBay	suspend all shipments to Russia	Consumer Discretionary	United States
EDF	suspend Moscow office	Utilities	France
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	Consumer Discretionary	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
ESET	suspend all sales to Russia	Information Technology	Slovakia
Estee Lauder	suspend operations in Russia	Consumer Staples	United States
European University Association	cease cooperation with governmental agencies in Russia	NGO	Belgium
Exiger	halting all activity and due diligence in Russia	Industrials	United States
Exor	holding company's assets are suspending operations	Financials	Netherlands
Famur	suspend Russian exports	Industrials	Poland
Farfetch	suspend all shipments to Russia	Consumer Discretionary	United Kingdom
Fédération Internationale de Motocyclisme	ban Russian, Belarusian licence holders	NGO	Switzerland
FedEx	suspend all shipments to Russia	Industrials	United States
Ferragamo	suspend all shipments to Russia	Consumer Discretionary	Italy
Ferrari	suspend sales in Russia	Consumer Discretionary	Italy
FIBA	ban Russian teams and officials from participating in basketball events	NGO	Switzerland
FIDE	suspend Russian & Belarussian teams from participation in tournaments	NGO	Switzerland
FIFA	ban Russian athletes from competing	Industrials	Switzerland
Finnlines	suspend all traffic to Russia	Industrials	Finland
Fitch	suspend operations in Russia	Financials	United States
Fiverr	suspend business	Consumer Discretionary	Israel
Forest Stewardship Council (FSC)	suspend all trading certificates in Russia & Belarus and block all controlled wood sourcing from the two countries	NGO	Germany
Fortinet	suspend operations in Russia	Information Technology	United States
Foster + Partners	stop work on projects in Russia	Industrials	United Kingdom
Fugro	suspend all projects in Russia	Industrials	Netherlands
Fujitsu	cease orders and shipments to Russia	Information Technology	Japan
Galp	suspend Russian oil-product purchases; eliminate Russian exposure	Energy	Portugal
Ganni	freeze all trade with Russia	Consumer Discretionary	Denmark
Geberit	discontinue all operations in Russia but continue to pay employees	Industrials	Switzerland
Gestamp	stopped production	Consumer Discretionary	Spain
GetYourGuide	suspend all Russian operations	Consumer Discretionary	Switzerland
GM	suspend all shipments to Russia	Consumer Discretionary	United States
Goodyear	suspend shipments of tires to Russia	Consumer Discretionary	United States
Grainpro	suspend all operations in Russia	Materials	United States
Grammarly	block users located in Russia and Belarus from using products or services	Information Technology	United States
Graphisoft	suspended new activities, disabled access to our commercial services in Russia	Information Technology	Hungary
Grupa Azoty	stopped exporting its products to Russia or Belarus	Materials	Poland
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	Winding down business entirely	Consumer Discretionary	Sweden
Hannover Re	halt underwriting business	Financials	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
Hasbro	pause toy shipments o Russia	Consumer Discretionary	United States
Heraeus	stop goods and money flows to Russia	Industrials	Germany
Hermes	suspend all operations in Russia	Consumer Discretionary	France
Herzog & de Meuron	suspend work on Russian projects	Industrials	Switzerland
Hexagon	freeze all business activities	Information Technology	Sweden
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
Hugo Boss	temporarily close stores and e-commerce sites	Consumer Discretionary	Germany
Hunkemoller	suspend operations of on-site and online stores	Consumer Discretionary	Netherlands
Husqvarna	stop exports to Russia & halt investments	Consumer Discretionary	Sweden
Hyundai	suspend manufacturing in Russia	Consumer Discretionary	South Korea
Iberia	canceling flights to Russia	Industrials	Spain
ICBC	curtail Russian access to capital markets	Financials	China
Icecat	suspends activities for the Russian market	Industrials	Netherlands
Illinois Tool Works	suspension of sales to Russia	Industrials	United States
Indeed	suspend service in Russia	Information Technology	United States
Inditex	close Russian stores and suspend sales	Consumer Discretionary	Spain
Institute of Internal Auditors	suspend business in Russia	Industrials	United States
Intel	suspend sales to Russia	Information Technology	United States
Interactive Advertising Bureau	suspend licensing in Russia and Belearus	Industrials	United States
Intercomm Foods	Stopping shipments to Russia	Consumer Staples	Greece
International Canoe Federation	suspend Russian athletes & relocate Russian events	NGO	Switzerland
International Federation of Sport Climbing	suspend Russian teams from participation; supend Russian events	NGO	Italy
International Paralympic Committee	bar Russian atheletes	NGO	Germany
International Tennis Federation	suspend Russian partnerships	NGO	United Kingdom
Intertek	suspend operations	Industrials	United States
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
JCB	pause business in Russia	Industrials	United Kingdom
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
JYSK	temporarily close Russian stores	Consumer Discretionary	Denmark
Kärcher	suspend exports to Russia & halt investments	Consumer Discretionary	Germany
KBC Group	suspend transactions with certain Russian banks	Financials	Belgium
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
Kesko	stop sales to Russia and imports from Russia	Consumer Staples	Finland
KGHM	suspended Russian contracts, subsidiary ZANAM Vostok in Russia	Materials	Poland
Kingston	suspend shipments to Russia	Information Technology	United States
KLM	cancel flights to and from Russia	Industrials	Netherlands
Knight Frank	suspend substantive operations in Russia	Real Estate	United Kingdom
Kodak Alaris	suspend all business activity into Russia & Belarus	Information Technology	United Kingdom
Komatsu	suspend all shipments to Russia	Industrials	Japan
KONE	suspend deliveries to Russia & stop new Russian orders	Industrials	Finland
Konecranes	stop all orders from Russia	Industrials	Finland
Konica Minolta	new shipments suspended	Consumer Discretionary	Japan
Körber	suspend new business with Russia	Industrials	Germany
Korean Air Lines	no flying over Russian airspace; Russian flights cancelled	Industrials	South Korea
Korn Ferry	suspend business in Russia	Industrials	United States
Krombacher	stopped exports to Russia	Consumer Staples	Germany
Kubota	cancel production of equipment orders from Russian	Industrials	Japan
KUKA	suspend all business with Russia	Industrials	Germany
Kurokesu	suspend shippments to Russia	Consumer Discretionary	Lithuania
Kyocera	suspend deliveries of all devices to Russia	Information Technology	Japan
L'Oreal	suspend operations in Russia	Consumer Discretionary	France
La Lorraine	halt its 50mn euro investment in Moscow	Consumer Staples	Belgium
Lanxess	suspend business activities with Russia	Materials	Germany
LCBO	suspend Russian-produced products	Consumer Staples	Canada
Lego	suspend all shipments to Russia	Consumer Discretionary	Denmark
Leica Camera AG	suspend operations in Russia	Information Technology	Germany
Leonardo	pause all JVs in Russia; helicopter production	Industrials	Italy
Les Ballets de Monte-Carlo	suspend performance rights for his ballet	Consumer Discretionary	Monaco
Levi Strauss	suspend all sales in Russia	Consumer Discretionary	United States
Lexmark	suspend shipments to Russia	Information Technology	United States
LG Electronics	suspend new product shipments to Russia	Information Technology	South Korea
Lindt-Sprungli	suspend operations in Russia	Consumer Staples	Switzerland
Little Caesar's	suspend Russian franchise support	Consumer Discretionary	United States
Live Nation Entertainment	stop business with Russia	Communication Services	United States
Lladró	suspended service and shipment to Russia. No new requests	Consumer Discretionary	Spain
Logitech	suspend shipments to Russia	Information Technology	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	Financials	United Kingdom
Maersk	suspend all shipments to Russia	Industrials	Denmark
Magna	suspend Russian plants	Consumer Discretionary	Canada
Magna Steyr	suspend deliveries to Russia	Consumer Discretionary	Austria
MAN	suspend delivery, supply of trucks, and sales to Russia	Industrials	Germany
Mango	suspend direct operations in Russia	Consumer Discretionary	Spain
Mannheimer Swartling	suspend all operations	Industrials	Sweden
Manolo Blahnik	suspend sales to Russia	Consumer Discretionary	United Kingdom
Marks & Spencer	suspend all shipments to Russia	Consumer Staples	United Kingdom
Marriott	suspend all Russian operations	Consumer Discretionary	United States
Marvell	suspend all sales to Russia in compliance with sanctions	Information Technology	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
Meggit	cease all imports and exports with Russia	Industrials	United Kingdom
Meta	suspend Russian advertising	Communication Services	United States
Metsa	suspend operations at Russian mill	Materials	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	Information Technology	United States
Milk Hydrosan sp. z o.o.	suspended Russian contracts	Industrials	Poland
Mitsubishi Electric	stop all sales to Russia but reserve the right to return	Industrials	Japan
Mitsubishi Motors	suspended operations at Russian plant	Consumer Discretionary	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	Information Technology	United States
Mothercare	suspend operations in Russia	Consumer Discretionary	United Kingdom
Motorola Solutions	suspend service orders to Russia	Information Technology	United States
MS & AD Insurance Group	suspending operations	Financials	Japan
MSC	temporary suspension of all shipments to Russia	Financials	United States
MSC Cruises	suspend calls to Russia	Consumer Discretionary	Switzerland
Munich Re	not renew current contracts & suspend new business	Financials	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
NEC	suspend all future sales	Information Technology	Japan
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 Balance	suspend shipments to Russia	Consumer Discretionary	United States
New Development Bank	curtail Russian access to capital markets	Financials	China
NHL	pause all partnerships in Russia	NGO	United States
Niantic Labs	products made unavailable in Russia	Information Technology	United States
Nikon	suspend shipments to Russia	Consumer Discretionary	Japan
Nintendo	suspend all sales in Russia	Communication Services	Japan
Norton	suspend sales to Russia	Information Technology	United States
Nozbe	cut off services for Russia and Belarus	Industrials	Poland
NSG Group (Pilkington)	suspension all trading and investment	Materials	Japan
Nu Skin	suspend Russian operations	Consumer Staples	United States
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
Olympus	suspend sales of Scientific Solutions portfolio and all capital investments	Information Technology	Japan
ON24	suspend all Russian activities	Information Technology	United States
OP Bank Lithuania	temporarily stop the processing of all payments from and to Russia & Belarus	Financials	Lithuania
OpenText	suspend all business	Information Technology	Canada
Oracle	suspend all operations in Russia	Information Technology	United States
Outokumpu	stop sales and deliveries to Russia	Materials	Finland
PagerDuty	suspend cooperation with Russian customers	Information Technology	United States
Panasonic	suspend operations in Russia	Consumer Discretionary	Japan
Pandora	suspend all business with Russia and Belarus	Consumer Discretionary	Denmark
Papa John's	suspend support for all Russian franchises	Consumer Discretionary	United States
Par Pacific	suspend purchases of Russian crude oil	Energy	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
Pekao SA	transactions in Russian ruble suspended	Financials	Poland
Pernod Ricard	pause exports to Russia	Consumer Staples	France
Pivovary Staropramen	suspended beer exports	Consumer Staples	Czech Republic
Playmobil	stop all sales to Russia	Consumer Discretionary	Germany
Plzeňský Prazdroj	suspend sales to Russia	Consumer Staples	Czech Republic
Podravka	stop deliveries to Russia	Consumer Staples	Croatia
Polaris	suspend exports to Russia	Consumer Discretionary	United States
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
Prosus	In process of divesting from local subsidiary	Industrials	Netherlands
PTC	discontinue all business operations and sales	Information Technology	United States
Puma	suspend all shipments to Russia	Consumer Discretionary	Germany
PVH	suspend operations in Russia	Consumer Discretionary	United States
Qlik	suspend sales and services to Russia	Information Technology	Sweden
QS	cease activity with Russian customers & cease promotion of Russian universities	NGO	United Kingdom
Qualcomm	suspend shipments to Russia	Information Technology	United States
Rabobank	curtail Russian access to capital markets	Financials	Netherlands
Radio Free Europe	suspend operations in Russia	Communication Services	Czech Republic
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	Information Technology	Ukraine
Reima	suspend all sales into Russia	Consumer Discretionary	Finland
Reliance	intention to avoid Russian fuel	Energy	India
Remitly Global	stop accepting new users in Russia	Information Technology	United States
Revolut	stop top-ups for Russian cards and block transfers to Russian institutions	Financials	United Kingdom
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
Roland DG	suspend all exports and sales to Russia	Information Technology	Japan
Rolex	suspend exports to Russia	Consumer Discretionary	Switzerland
Rolls Royce	suspend all shipments to Russia	Industrials	United Kingdom
Rovio	remove games from app stores in Russia	Information Technology	Finland
Royal Caribbean Cruises	cancel summer cruise ship visits to Russia	Consumer Discretionary	United States
Royal Society of Chemistry	pause activities with Russian institutions	NGO	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
Sardina	suspend deliveries to Russia	Consumer Staples	Croatia
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	Consumer Staples	Germany
Sennheiser	suspend all business & stop exports	Information Technology	Germany
Sharp Group	suspend shipping into Russia	Information Technology	Japan
Shiseido	suspend export shipments to Russia	Consumer Staples	Japan
Siemens Energy AG	Sold factory and stake in russian Companies	Industrials	Germany
Simba Dickie Group	suspend all business in Russia including with local independent distributor	Consumer Discretionary	Germany
Skoda	halted production and stopped exports	Consumer Discretionary	Czech Republic
Skytrax	suspend all audit and rating analysis	NGO	United Kingdom
Smartway Pharmaceuticals	suspended all operations, most supplies, and all advertising	Health Care	United Kingdom
Sodeca	cut off all supplies to Russian partners	Industrials	Spain
Solvay	suspend operations in Russia	Materials	Belgium
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
Sportradar	suspend all new investments in Russia, including signing new customers	Consumer Discretionary	Switzerland
SriLankan Airlines	suspend flights between Sri Lanka and Russia	Industrials	Sri Lanka
SSAB	shipments and sales to Russia discontinued	Materials	Sweden
Stellantis	suspend operations in Russia	Consumer Discretionary	Netherlands
STIHL	suspend deliveries to Russia	Consumer Discretionary	Germany
Storytel	pause operations in Russia	Communication Services	Sweden
Subaru	suspend all shipments to Russia	Consumer Discretionary	Japan
Sumitomo Group	scaling back or suspending all Russian-related business	Financials	Japan
Supercell	remove games from app stores in Russia	Information Technology	Finland
Swarovski	suspend all sales in Russia	Consumer Discretionary	Liechtenstein
Swatch	suspend direct operations in Russia	Consumer Discretionary	Switzerland
Sweco	stop all projects in Russia	Industrials	Sweden
Synopsys	suspend all opeartions in Russia	Information Technology	United States
Systemair	suspend all sales to Russia	Industrials	Sweden
T Machinery	Stopped cooperation	Industrials	Czech Republic
Tadano	suspension of shipments into Russia	Industrials	Japan
Take-Two Interactive	halt sales, marketing and more in Russia	Communication Services	United States
Talgo	Ended activity, service center still exists	Industrials	Spain
Tanin	goods are stopped	Materials	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
Torm	effectively suspend shipments to Russia	Industrials	Denmark
Tous	close shops and online store in Russia	Consumer Discretionary	Spain
Trelleborg Group	suspended deliveries and sales to Russia	Industrials	Sweden
Trimble	suspend all sales in Russia	Information Technology	United States
Triumph	suspend Russian business	Consumer Discretionary	Switzerland
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
Twitter	suspend certain operations in Russia	Communication Services	United States
Ubisoft	suspend new sales to Russia	Information Technology	France
UiPath	suspend sales in Russia	Information Technology	United States
UL	stop all work in Russia & Belarus and not take on or pursue any new customer orders	Industrials	United States
Under Armour	suspend all shipments to Russia	Consumer Discretionary	United States
Uniqlo/Fast Retailing	suspend operations in Russia	Consumer Discretionary	Japan
UPM	temporarily suspend operations and sales in Russia	Materials	Finland
UPS	suspend all shipments to Russia	Industrials	United States
Upwork	suspend operations in Russia	Industrials	United States
Valero Energy	suspend purchases of Russian oil	Energy	United States
Veeam	pause sales in Russia	Information Technology	United States
VF Corporation	temporarily suspend commercial activities	Consumer Discretionary	United States
Victoria’s Secret	stop exports to Russia, pause sales in Russia by franchisers, suspend online sales	Consumer Discretionary	United States
Viessmann	stop business with Russia & stop deliveries to and from Russia	Industrials	Germany
Vietnam Airlines	suspend flights to Russia	Industrials	Vietnam
Viking River Cruises	cease all operations in Russia & cancel trips to Russia up to 2024	Consumer Discretionary	Switzerland
Visa	suspend operations in Russia	Information Technology	United States
Vitec Group	suspend all exports and services	Consumer Discretionary	United Kingdom
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 Cars	suspend all shipments to Russia	Industrials	Sweden
Volvo Group	suspend all sales, service and production	Industrials	Sweden
WarnerMedia	pause new content releases	Communication Services	United States
Waters Corporation	suspend all sales and services into Russia	Health Care	United States
WEKA	suspend business and concrete deals with Russia	Information Technology	Israel
Western Union	suspend operations in Russia	Information Technology	United States
WeTransfer	suspend all services in Russia	Information Technology	United States
Wielton	suspended Russian exports	Industrials	Poland
William Grant & Sons	suspend all shipments to Russia	Consumer Staples	United Kingdom
Wimbledon	ban Russian athletes	NGO	United Kingdom
Wise PLC	suspend Russian partnerships	Information Technology	United Kingdom
Wizz Air	Air flights to/from Russia are temporarily suspended	Industrials	Hungary
Wolffkran	stop production in Russia; maintain personnel	Industrials	Switzerland
World Boxing Council	suspend Russia from title fights	NGO	Mexico
World Federation of Exchanges	suspend all Russian members and affiliates	NGO	United Kingdom
Woseba	suspends deliveries to Russia	Consumer Staples	Poland
Wrangler (Kontoor)	suspend online sales	Consumer Discretionary	United States
Würth	stop exports to Russia	Consumer Discretionary	Germany
WWE	suspend all operations in Russia	Communication Services	United States
Xerox	suspend shipments to Russia	Information Technology	United States
Yara	suspend all imports from Russia	Materials	Norway
YKK Group	suspend operations in Russia	Industrials	Japan
YOOX	suspend commercial activities	Consumer Discretionary	Italy
Żabka	halts orders from Russia & Belarus	Consumer Staples	Poland
Zegna Group	suspended all shipments to and production for Russia partners	Consumer Discretionary	Italy
Zendesk	suspend all sales to Russia	Information Technology	United States
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	Communication Services	United States

5. WITHDRAWAL / Complete withdrawal from Russia - 335 companies

Name	Status	Industry	Country
AB InBev	sold stake in joint ventures and suspend using its license in Russia	Consumer Staples	Belgium
Accenture	exiting Russia completely	Information Technology	Ireland
Accountor	withdrawal from Russia	Information Technology	Finland
Acerinox	Ceased Operations	Materials	Spain
Acronis	suspend operations in Russia	Information Technology	Switzerland
Adenza	discontinue all operations in Russia	Information Technology	United Kingdom
AECOM	exit Russia operations	Industrials	United States
Aegon	Sold exposure	Financials	Netherlands
AerCap	cease leasing activity with Russian airlines	Industrials	Ireland
AG Barr	cut ties with Russian market	Consumer Staples	United Kingdom
Air Products	full divestiture from Russia	Materials	United States
AirBaltic	leave Russian market until further notice	Industrials	Latvia
Akvelon	close offices in Moscow	Information Technology	United States
Alcoa	cease buying raw materials from, or selling our products to, Russian businesses	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
American Airlines	end agreements with Russian airlines	Industrials	United States
Ametek	closing TPM Russia subsidiary due to war in Ukraine	Industrials	United States
Amsted Rail	exit Russia completely	Industrials	United States
AP7	sell off all of Russian shares	Financials	Sweden
APG	sell all Russian investment	Financials	Netherlands
ArcelorMittal	removed all Russian materials from supply chain	Materials	Luxembourg
Arendt & Medernach	pull out of Russia; close Russian office and suspend select Russian client engagements	Industrials	Luxembourg
Asda	remove products from Russia	Consumer Staples	United Kingdom
Assicurazioni Generali	exit Russia completely	Financials	Italy
Atos	exit from Russia	Information Technology	France
Atria	exit business in Russia	Consumer Staples	Finland
Avery Dennison	exit Russian operations	Materials	United States
Avid	cease all sales and support to all customers, users and resellers in Russia & Belarus	Information Technology	United States
Aviva	Exited all equity and debt positions	Financials	United Kingdom
Baker Botts	wind down Moscow office	Industrials	United States
Baker McKenzie	cease operations in Russia and transfer them to an independent entity	Industrials	United States
Baker Tilly	gradual wind down of operations in Russia	Industrials	United Kingdom
Bakoma	withdraw from Russia completely prior to aggression	Consumer Staples	Poland
Ball Corporation	leave Russia completely	Materials	United States
BASF SE	wind down Russian operations	Materials	Germany
BBDO	exit Russian operations	Industrials	United States
Bestseller	stop all sales to Russia through distributors	Consumer Discretionary	Denmark
BlackRock	curtail Russian access to capital markets	Financials	United States
Bonava	close operations in Russia	Real Estate	Sweden
Bose	stop all product shipments	Information Technology	United States
Boskalis	exit Russian Arctic LNG 2 project	Industrials	Netherlands
BP	divest from 20% Rosneft stake	Energy	United Kingdom
British American Tobacco	exit Russian operations	Consumer Staples	United Kingdom
British Standards Institution (BSI)	terminate all contractual relations & discontinue services in Russia	Industrials	United Kingdom
Bryan Cave	exit Russian operations; local partners and counsel form new firms	Industrials	United States
Bumble	remove apps from app stores	Communication Services	United States
Cadence	terminate operations in Russia	Information Technology	United States
Canva	withdraw from Russia	Information Technology	Australia
Carlsberg	exit Russia completely	Consumer Staples	Denmark
Carnival	discontinue Russia itineraries	Consumer Discretionary	United States
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	Consumer Discretionary	Poland
Chapman Freeborn	wind down Russian business	Industrials	United Kingdom
Ciech	suspended Russian exports	Materials	Poland
Cisco	orderly wind down Russian operations	Information Technology	United States
Clarivate	exit Russian operations	Industrials	United Kingdom
Clifford Chance	wind down operations in Moscow; local partners and counsels form own firm	Industrials	United Kingdom
CMS	transfer Russian practice to local partners and counsel	Industrials	Germany
Colliers	discontinue 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
Coty	wind down Russian business	Consumer Staples	United States
Covestro	Ceased Business Activity in Russia	Materials	Germany
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
Cyfrowy Polsat	removing Russian TV channels from the offer	Communication Services	Poland
Danfoss	exit Russia completely	Industrials	Denmark
DDB	exit Russian operations	Materials	United States
Dechert	close Russian office	Industrials	United States
Deezer	discontinue services in Russia	Communication Services	France
Deichmann	withdraw from Russia	Consumer Discretionary	Germany
Deloitte	leaving Russia completely; local office launched own firm	Industrials	United States
Delta Air Lines	withdraw codeshare services with Aeroflot	Industrials	United States
Dentons	exit Russian operations	Industrials	Switzerland
Dentsu International	divest joint venture/leave Russia	Communication Services	United Kingdom
Deutsche Bank	wind down business in Russia	Financials	Germany
Deutsche Telekom	close Russian business	Communication Services	Germany
Dino Polska	removed Russian products	Consumer Staples	Poland
DLA Piper	withdrawing from Russia	Industrials	United States
DPD	withdrawal from the Russian market	Industrials	Germany
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	terminate operations in Russia	Industrials	United States
Edeka	remove Russian food from store shelves	Consumer Staples	Germany
edX (2U)	withdraw from all Russian partnerships	Information Technology	United States
Electronic Arts	make new game purchases unavailable in Russia	Communication Services	United States
Elisa Esports	ban Russian teams from participating in tournaments	NGO	Finland
ELKO Group	leave Russia	Information Technology	Latvia
Emerson Electric	exit Russian business	Industrials	United States
Enel	divest from the entire Russian stakes	Utilities	Italy
ENEOS	discontinue purchases of Russian crude	Energy	Japan
EPAM	discontinue servicing Russian customers	Information Technology	United States
Equinor	exit joint ventures in Russia	Energy	Norway
ESAB	transition out of operations in Russia	Industrials	Sweden
Etsy	deactivate all listings from Russian sellers	Consumer Discretionary	United States
Eurovision	ban on all Russian competition	NGO	United Kingdom
Eversheds Sutherland	close Russia office; transfer Russia practice to local partners and counsels	Industrials	United Kingdom
Evonik	withdraw from Russia	Materials	Germany
Expedia	suspend bookings in Russia	Consumer Discretionary	United States
Exxon	exit Rosneft partnership	Energy	United States
EY	leaving Russia completely	Industrials	United States
FANUC	totally suspend all shipments, services and maintenance in Russia	Industrials	Japan
Fazer	exit Russia	Consumer Staples	Finland
Fennovoima	terminate Russian nuclear power plant project	Energy	Finland
FICO	exiting all work in Russia	Information Technology	United States
Fiskars	withdraw completely from the Russian market	Consumer Discretionary	Finland
Flowserve	exit Russia completely	Industrials	United States
FMC Corporation	discontinue all business and operations	Materials	United States
Fonterra	exit its businesses in Russia	Consumer Staples	New Zealand
Ford	Sold Joint Venture	Consumer Discretionary	United States
Formula One	terminat contract with the Russian Grand Prix promoter	Communication Services	United Kingdom
Fortum	exit Russian market	Utilities	Finland
Freedom Holding	Sold Russian subsidaries	Financials	Kazakhstan
Freshfields	closing business in Russia	Industrials	United Kingdom
G2A	block marketplace for Russian users	Communication Services	Netherlands
Gameloft	make company's games unavailable in Russia	Information Technology	France
Gaz-System	stopped gas imports	Utilities	Poland
Global Foundries	suspend all shipments to Russia	Information Technology	United States
GoDaddy	discontinue all Russian services	Information Technology	United States
Gowling	leave Russia	Industrials	Canada
Grant Thornton	closing business in Russia	Industrials	United States
Grid Dynamics	close offices in Russia & cease all operations	Information Technology	United States
Grohe	cease all activities with Russia	Consumer Discretionary	Germany
Grundfos	Closes business in Russia and Belarus	Industrials	Denmark
Halliburton	No longer conducts operations in Russia	Energy	United States
Haniel	unwind all Russian business	Materials	Germany
Hays plc	close Russian business	Industrials	United Kingdom
Hearst Communications	terminate the licensing agreements & turn over its equity to Russian subsidiary	Communication Services	United States
Heidrick & Struggles	ceased all operations in Russia	Industrials	United States
Heineken	exit Russia completely	Consumer Staples	Netherlands
Hempel	exit Russia	Industrials	Denmark
Henkel	exit business activities in Russia	Consumer Staples	Germany
Herbert Smith Freehills	end operations in Russia; local partners and counsels open independent firm	Industrials	Australia
Hertz	completely withdrawn from Russia	Consumer Discretionary	United States
Hesburger	withdraw from Russia	Consumer Discretionary	Finland
Hogan Lovells	exit Russian operations	Industrials	United Kingdom
Holcim	exit Russian market completely	Materials	Switzerland
Houthoff	terminate all relationships with Russia	Industrials	Netherlands
HP Enterprise (Independent from HP Inc.)	exit Russia & Belarus	Information Technology	United States
HP Inc.	shut down business in Russia	Information Technology	United States
Huhtamaki	divest Russian operations	Materials	Finland
IBM	wind down business in Russia	Information Technology	United States
IDEXX Labs	wind down operations & liquidate subsidiary	Health Care	United States
Ikea	fold up Russian presence	Consumer Discretionary	Sweden
IMCD	withdraw from Russia completely	Industrials	Netherlands
Imperial Brands	transfer Russian business to local partners	Consumer Staples	United Kingdom
Incoff Aerospace	no longer trade with the Russians	Industrials	Slovakia
Infineon	liquidate Russian entity	Information Technology	Germany
Infosys	shutting down operations in Russia	Information Technology	India
InPost	stop purchasing services/goods from Russian & Belorussian companies	Industrials	Poland
Intercontinental Exchange	curtail Russian access to capital markets	Financials	United States
Intercontinental Hotels (IHG)	Ceased operations in Russia	Consumer Discretionary	United Kingdom
International Boxing Federation	ban on all Russian competition	NGO	France
International Cat Federation	ban Russian cats from competitions	NGO	Canada
International Cycling Union	ban on all Russian competition	NGO	United States
International Ice Hockey Federation	ban on all Russian competition	NGO	Switzerland
International Olympic Committee	ban Russian athletes from competing	NGO	Switzerland
International Skating Union	ban on all Russian competition	NGO	Switzerland
International Weightlifting Federation	ban on all Russian competition	NGO	Switzerland
Interpublic Group	exit Russian operations	Communication Services	United States
ISS	ISS divested its Russian activities during March and is no longer active in Russia	Industrials	Denmark
J Sainsbury	remove products from Russia	Consumer Staples	United Kingdom
Jabil	closed its site in Russia	Information Technology	United States
Jägermeister	Fully stopped business in Russia	Consumer Staples	Germany
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	separate operations in Russia	Real Estate	United States
John Wood Group	withdraw from Russia	Industrials	United Kingdom
Kalnapilis-Taurus	termination of export ties and production in Russian Market	Consumer Staples	Lithuania
Kearney	officially withdrawn from Russia	Industrials	United States
Kelly	leave Russia & transition operations	Industrials	United States
Kemira	exit Russia completely	Consumer Discretionary	Finland
Kiilto	seeking exit from Russian business	Materials	Finland
Kingspan	exit Russia	Industrials	Ireland
Kinross Gold	complete exit from Russia by selling Russian operations	Materials	Canada
KLP	exit all investment holdings in Russia	Financials	Norway
Knorr-Bremse	will not deliver any more products or systems for Russian locomotives; end JVs	Industrials	Germany
Koch Industries	sell Russian business to a local enterprise	Industrials	United States
Kofax	curtail all sales of software and close sites in Russia	Information Technology	United States
KPMG	leaving Russia completely	Industrials	United States
Krispy Kreme	winding down business in Russia	Consumer Discretionary	United States
L'Occitane	exit Russian operations	Consumer Discretionary	France
Lamb Weston	exit Russian market	Consumer Staples	United States
Latham & Watkins	wind down Russian presence	Industrials	United States
Lincoln Electric	ceased all operations	Industrials	United States
Linklaters	end operations in Russia, with entities connected to the Russian state; local partners and counsel form own firm	Industrials	United Kingdom
Lloyd's Register	withdraw services to Russia	Industrials	United Kingdom
London Stock Exchange Group	curtail Russian access to capital markets	Financials	United Kingdom
LPP Group	left Russia	Consumer Discretionary	Poland
Lufthansa	suspended flights and ended Russian aircraft maintenance	Industrials	Germany
Luxoft	exit Russian market	Information Technology	Switzerland
Marsh McLennan	exit operations in Russia	Financials	United States
McDonald's	leave the Russian market & sell Russian business	Consumer Discretionary	United States
McKinsey	exit Russian market completely	Industrials	United States
Mercedes-Benz	Stopped manufacturing and exporting and will sell shares in subsidies	Consumer Discretionary	Germany
MessageBird	shut down API access, block SMS and voice traffic to Russian carriers	Information Technology	Netherlands
Mondi	sell Russian assets	Materials	United Kingdom
Monroe Energy	stop imports of Russian crude oil	Energy	United States
Moog Inc.	exit Russian operations	Industrials	United States
Morgan Advanced Materials	cease all trading with Russia.	Industrials	United Kingdom
Morgan Lewis	close Russian offices	Industrials	United States
Morrisons	remove products from Russia	Consumer Staples	United Kingdom
MSCI	curtail Russian access to capital markets	Financials	United States
MSU S.A.	ceased all business activities in Russia	Consumer Discretionary	Poland
Nasdaq	curtail Russian access to capital markets	Financials	United States
Naspers	Ended Operations. Sold Avito.	Consumer Discretionary	South Africa
NCAB Group AB	sold assets and ceased operations in Russia	Industrials	Sweden
Netflix	suspend service in Russia	Communication Services	United States
Netscout	pause all sales, support, and services in Russia	Information Technology	United States
Nike	exit Russia	Consumer Discretionary	United States
Nissan	Exit from Russian Market	Consumer Discretionary	Japan
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
NTT Data	exit Russia	Information Technology	Japan
OBI	exit Russian market completely	Consumer Discretionary	Germany
Oceania Cruises	discontinue Russian itineraries	Consumer Discretionary	United States
Oerlikon	sell Russian operations	Materials	Switzerland
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
Owens Corning	expedite exit from Russia	Industrials	United States
Parker Hannifin	closed our office and warehouse facility in Moscow and no longer do business in this country	Industrials	United States
Paulig	withdraw from Russia	Consumer Staples	Finland
Pensioenfonds Detailhandel	sell off all Russian investments	Financials	Netherlands
Pentair	exiting its business in Russia	Industrials	United States
PFZW	divest from all Russian assets	Financials	Netherlands
PGL Esports	exclusion of esports teams and individuals with connections to the Russian government from upcoming competition	Communication Services	United States
PKO BP	suspends transactions with Russian banks transactions in Russian ruble suspended	Financials	Poland
PME pensioenfonds	sell off all Russian investments	Financials	Netherlands
Polskie Górnictwo Naftowe i Gazownictwo SA	stopped gaz imports	Energy	Poland
Ponsse PLC	divest Russian operations	Industrials	Finland
Prio	ceased purchase of any products from Russian or directly related companies	Energy	Portugal
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	Industrials	Australia
R&A	ban on all Russian competition	Industrials	United States
Reckitt Benckiser Group	begins a process aimed at transferring ownership of its Russia business	Consumer Staples	United Kingdom
Red Hat	discontinue sales and services in Russia & terminate partnerships	Information Technology	United States
Regent Seven Seas Cruises	discontinue Russian itineraries	Consumer Discretionary	United States
Renault	sell Renault Russia; transfer Moscow factory to city government and partner for local brand production	Consumer Discretionary	France
Rewe	remove products from Russia from shelves	Consumer Discretionary	Germany
Rimi	remove products from Russia from shelves	Consumer Discretionary	Latvia
Rio Tinto	terminate all commercial relationships with Russia	Materials	Australia
Rocket Lawyer	suspend Russian and Belarusian access to the platform	Information Technology	United States
Roku	remove Kremlin-linked propaganda and ads	Communication Services	United States
Roland Berger	end any activity for Russia	Industrials	Germany
S Group (Suomen Osuuskauppojen Keskuskunta)	close all operations	Consumer Staples	Finland
S&P 500 [S&P Dow Jones Indices]	curtail Russian access to capital markets	Financials	United States
Salesforce	exit business relationships in Russia	Industrials	United States
Sarantis Group	Permanent withdrawal from Russian market	Consumer Staples	Greece
Savills	end partnerships in Russia	Real Estate	United Kingdom
Schneider Electric	sell Russian assets to local management and exit completely	Industrials	France
Shell	total withdrawal from virtually all Russia-related businesses	Energy	United Kingdom
Sidley Austin	end all Russian relationships	Industrials	United States
Siemens	exit Russian market	Industrials	Germany
SKF	end sales and production in Russia	Industrials	Sweden
Slack	exit Russian market completely	Information Technology	United States
SMAY	end cooperation with Russia	Industrials	Poland
Smurfit Kappa	exit Russian market	Materials	Ireland
Societe Generale	cessation of all activities in Russia	Financials	France
Sodexo	ceded control of its operations in Russia	Industrials	France
Sonos	ceased all sales to this market at the onset of the war and blocked Russian state radio	Consumer Discretionary	United States
Squire Patton Boggs	leave Russia	Industrials	United States
Stanley Black & Decker	shut down Russian business	Industrials	United States
Starbucks	exit and no longer have a brand presence in Russia	Consumer Discretionary	United States
State Street	curtail Russian access to capital markets	Financials	United States
Stora Enso	divest packaging plants	Materials	Finland
Storebrand	divest all Russian holdings	Financials	Norway
Strabag	winding down operations in Russia; terminating shareholder syndicate agreements with Deripaska	Industrials	Austria
Sulzer	exit Russian market	Industrials	Switzerland
Svenska Handelsbanken	divest from all Russian investments	Financials	Sweden
Sylvamo	Sold operations in Russia	Materials	United States
Systembolaget	remove all Russian alcohol from stores	Consumer Discretionary	Sweden
Sæplast	Stopped all operations in Russia	Materials	Iceland
Tata Steel	replaced all Russian raw materials for operations; no presence in Russia	Materials	India
Tchibo	sell Russian subsidiary	Consumer Staples	Germany
TeamViewer	withdraw from Russia/Belarus	Information Technology	Germany
Teknotherm Marine HVAC sp. z o.o.	complete withdrawal from Russia	Industrials	Poland
Teradata	stopped all business in Russia and ceased customer interactions and services with all Russian accounts.	Information Technology	United States
Tietoevry	conclude total exit from Russia	Information Technology	Finland
TJ Maxx	divest Familia subsidiary	Consumer Discretionary	United States
Trane Technologies	suspend all business activities indefinitely & exit Russia	Industrials	Ireland
TripAdvisor	remove Kremlin-linked propaganda and ads	Communication Services	United States
Triumph Motorcycles	Discontinued commerical activity in Russia	Consumer Discretionary	United Kingdom
TUI	end brand-sharing agreement; had already exited	Consumer Discretionary	Germany
Tunnock's	discontinue supplies to Russia	Consumer Staples	United Kingdom
Uber	divest from partnership with Yandex	Information Technology	United States
UEFA	ban Russian athletes from competing	NGO	Switzerland
Umbro	withdrawal from the Russian market	Consumer Discretionary	United Kingdom
United Airlines	no flying over Russian airspace	Industrials	United States
United Internet Group	suspend all Russian contracts	Information Technology	Germany
Universal	closing operations in Russia	Communication Services	United States
Vaillant Group	Terminated business activities in Russia	Industrials	Germany
Valio	sell business and Viola brand to Velcom	Consumer Staples	Finland
Valmet	exit from Russia	Industrials	Finland
Vanguard	suspend operations in Russia	Financials	United States
Velux	permanently close operations in Russia and Belarus	Consumer Discretionary	Denmark
Vestas	continue operations but no new contracts	Energy	Denmark
Vianor	terminate contract with Russian subsidiary	Consumer Discretionary	Finland
Vičiūnai	selling Russian operations and exiting Russia	Consumer Staples	Lithuania
Vinmonopolet	stop sales of all Russian wine, spirits and strong beers in Norway	Consumer Staples	Norway
Vitol	stop buying Russian oil by the end of 2022	Energy	Switzerland
Vodafone	suspend partner agreement with MTS	Information Technology	United Kingdom
Volaris Group	discontinue sales and support to Russia	Information Technology	Canada
Volfas Engelman	suspend investment and withdraw from Russian market	Consumer Staples	Lithuania
Waitrose	remove products from Russia	Consumer Staples	United Kingdom
Walker's Shortbread	cancel all future orders to Russia	Consumer Staples	United Kingdom
Wargaming	close operations; transfer of some business	Consumer Discretionary	Belarus
Wear Medicine	terminate cooperation with Russian partners	Consumer Discretionary	Poland
Weir Group	wind down Russian business in 2022	Industrials	United Kingdom
WePlay	terminate all Russian operations	Consumer Discretionary	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
Willis Towers Watson	fully exit Russia and transfer ownership to local management	Financials	United Kingdom
Winston & Strawn	close Russian office	Industrials	United States
Women's Tennis Association	suspend Russian partnerships	NGO	United States
World Athletics Council	ban on all Russian competition	NGO	United States
World Boxing Association	ban on all Russian competition	NGO	Panama
World Boxing Organization	ban on all Russian competition	NGO	United States
World Rowing Federation	ban on all Russian competition	NGO	United States
World Rugby Union	ban on all Russian competition	NGO	Ireland
WPP PLC	leave Russia	Communication Services	United Kingdom
YIT	exits Russia projects	Industrials	Finland
Zurich Insurance Group	sell Russian business to local team and exit market	Financials	Switzerland

* The list of companies is regularly updated

When this list was first published on Monday, February 28, 2022, only a few dozen companies announced their departure from it. Since then, hundreds of large transnational corporations have left Russia.

List of companies that did not leave Russia. Foreign companies that left Russia. International companies that left Russia in connection with the war against Ukraine. Which companies have not left Russia and which brands have left Russia? International companies left Russia list. Which clothing brands have left Russia in 2023. Which companies have left Russia forever?

Foreign brands that did not leave Russia 2023. Western companies that left Russia and returned. International brands in Russia. Foreign companies that stayed in Russia 2023. Which companies left Russia forever? What are the IT companies that left Russia? List of companies that left Russia products. Which companies refused to leave Russia 2023? List of companies that leave and stay in Russia. Foreign companies that do not want to leave Russia. Which firms did not leave Russia in 2022? What brands remain in Russia? Which organizations left Russia 2022? Which network companies left Russia? Who left the Russian market in 2023. List of Western companies that left Russia.

Source: Yale SOM / Which foreign companies left Russia

Ukraine allows foreign companies to build large facilities in Ukraine without additional licenses

Foreign companies have left Russia: more than 1,000 (the list is being updated)

The list of foreign companies that leave Russia consists of five categories according to the degree of exit:

List of foreign companies and their current status of activity in Russia

1. DIGGING IN / Neglect of requirements to withdraw from Russia - 227 companies

2. BUYING TIME / Suspension of new investments and expansion in Russia - 161 companies

3. SCALING BACK / Reduction, partial curtailment of activities in Russia - 171 companies

4. SUSPENSION / Exit while maintaining the possibility of resuming activities in Russia - 495 companies

5. WITHDRAWAL / Complete withdrawal from Russia - 335 companies

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