Companies That Have Curtailed Russian Operations (updated as of June 30, 2025). KSE Institute database is partly based on the Yale's School of Management and University of St. Gallen databases, leave-russia.org, squeezingputin.com, bloody.energy, epravda.com.ua and other open sources
Source for local financials: Federal Tax Service of Russia. The latest available consolidated data for each group's largest Russian units reported in line with local accounting standards exсІluding intragroup eliminations.

Online Services

SUSPENSION – Keeping Options Open for Return

Halted creation of new accounts and renewal payments in Russia. Also, 1Password removed their app from Russian AppStore.

SUSPENSION – Keeping Options Open for Return

Halted creation of new accounts and renewal payments in Russia. Also, 1Password removed their app from Russian AppStore.

SUSPENSION – Keeping Options Open for Return

Halted creation of new accounts and renewal payments in Russia. Also, 1Password removed their app from Russian AppStore.

EXIT COMPLETED - Company sold its business/assets

06.2023: The record about the founder of 3M SINGAPORE PTE was deleted. LTD. The record about the founder of 3M INTERNATIONAL INVESTMENTS B.V. has been deleted. LLC "BARELY TRADE" becomes the new founder of the organization. The company with the second highest revenue was sold, the first in the form of a closed joint-stock company, but the general director of Friberg Mats Lennart left there and the new CEO became a Russian.

EXIT COMPLETED - Company sold its business/assets

06.2023: The record about the founder of 3M SINGAPORE PTE was deleted. LTD. The record about the founder of 3M INTERNATIONAL INVESTMENTS B.V. has been deleted. LLC "BARELY TRADE" becomes the new founder of the organization. The company with the second highest revenue was sold, the first in the form of a closed joint-stock company, but the general director of Friberg Mats Lennart left there and the new CEO became a Russian.

EXIT COMPLETED - Company sold its business/assets

06.2023: The record about the founder of 3M SINGAPORE PTE was deleted. LTD. The record about the founder of 3M INTERNATIONAL INVESTMENTS B.V. has been deleted. LLC "BARELY TRADE" becomes the new founder of the organization. The company with the second highest revenue was sold, the first in the form of a closed joint-stock company, but the general director of Friberg Mats Lennart left there and the new CEO became a Russian.

BUYING TIME – Holding Off New Investments/Development

continue operations on an unspecified "lower" level & postpone investments

BUYING TIME – Holding Off New Investments/Development

continue operations on an unspecified "lower" level & postpone investments

BUYING TIME – Holding Off New Investments/Development

continue operations on an unspecified "lower" level & postpone investments

Construction & Architecture

EXIT COMPLETED - Company sold its business/assets

04.2023: LLC "NOUDIG HOLDING" becomes the new founder of the organization

EXIT COMPLETED - Company sold its business/assets

04.2023: LLC "NOUDIG HOLDING" becomes the new founder of the organization

EXIT COMPLETED - Company sold its business/assets

04.2023: LLC "NOUDIG HOLDING" becomes the new founder of the organization

EXIT COMPLETED - Company sold its business/assets

"Electrolux Rus" LLC was sold to the general director in the Russian Federation on 09.09.2022

EXIT COMPLETED - Company sold its business/assets

"Electrolux Rus" LLC was sold to the general director in the Russian Federation on 09.09.2022

EXIT COMPLETED - Company sold its business/assets

"Electrolux Rus" LLC was sold to the general director in the Russian Federation on 09.09.2022

Energy, oil and gas

SUSPENSION – Keeping Options Open for Return

it was still “working on completing the exit […] in compliance with all applicable laws and sanctions.”

WITHDRAWAL - Clean Break - Surgical Removal, Resection

Swedish-Swiss electrical equipment manufacturer ABB Ltd. has received permission to sell its Russian business. JSC Concept-Invest has received permission to purchase 100% of shares in ABB LLC, according to Russian President Vladimir Putin's order No. 157-rp of May 8, which was published on the official Internet portal of legal information. The seller of 99% will include ABB Asea Brown Boveri Ltd. and 1% of ABB Verwaltungs AG (both companies are registered in Switzerland).

WITHDRAWAL - Clean Break - Surgical Removal, Resection

Revenue significantly (by -99%) decreased in 2024 vs 2023.

Abbott Laboratories

Pharma, Healthcare

BUYING TIME – Holding Off New Investments/Development

So far, the only product left on the Russian market is the American Abbott

BUYING TIME – Holding Off New Investments/Development

So far, the only product left on the Russian market is the American Abbott

BUYING TIME – Holding Off New Investments/Development

So far, the only product left on the Russian market is the American Abbott

Pharma, Healthcare

BUYING TIME – Holding Off New Investments/Development

suspend aesthetics operations, pause new clinical trials

BUYING TIME – Holding Off New Investments/Development

suspend aesthetics operations, pause new clinical trials

DIGGING IN – Defying Demands for Exit or Reduction of Activities

Revenue increased in 2024 vs 2023 by more than +50%.

SUSPENSION – Keeping Options Open for Return

Pausing broadcasting from Russia, as it assessed the situation

SUSPENSION – Keeping Options Open for Return

Pausing broadcasting from Russia, as it assessed the situation

SUSPENSION – Keeping Options Open for Return

Pausing broadcasting from Russia, as it assessed the situation

Online Services

SUSPENSION – Keeping Options Open for Return

Suspended operations

SUSPENSION – Keeping Options Open for Return

Suspended operations

SUSPENSION – Keeping Options Open for Return

Suspended operations

Finance and payments

SUSPENSION – Keeping Options Open for Return

suspend investments in Russia and reduce exposure

SUSPENSION – Keeping Options Open for Return

suspend investments in Russia and reduce exposure

SUSPENSION – Keeping Options Open for Return

suspend investments in Russia and reduce exposure

Events, Education

SUSPENSION – Keeping Options Open for Return

suspend operations in Russia and Belarus

SUSPENSION – Keeping Options Open for Return

suspend operations in Russia and Belarus

SUSPENSION – Keeping Options Open for Return

suspend operations in Russia and Belarus

Consulting, Law

EXIT COMPLETED - Company sold its business/assets

exiting Russia completely

EXIT COMPLETED - Company sold its business/assets

exiting Russia completely

EXIT COMPLETED - Company sold its business/assets

exiting Russia completely

Hospitality, Real estate

BUYING TIME – Holding Off New Investments/Development

The chief executive of Accor, the French owner of the Orient Express and Novotel hotels, has claimed pulling out of Russia is “not an option” unless he is forced to by more stringent sanctions.

BUYING TIME – Holding Off New Investments/Development

The chief executive of Accor, the French owner of the Orient Express and Novotel hotels, has claimed pulling out of Russia is “not an option” unless he is forced to by more stringent sanctions.

BUYING TIME – Holding Off New Investments/Development

The chief executive of Accor, the French owner of the Orient Express and Novotel hotels, has claimed pulling out of Russia is “not an option” unless he is forced to by more stringent sanctions.

DIGGING IN – Defying Demands for Exit or Reduction of Activities

Taiwan-based computer manufacturer Acer supplied at least $70.4 million worth of computer hardware to Russia between April 8, 2022 and March 31, 2023, according to customs

DIGGING IN – Defying Demands for Exit or Reduction of Activities

Taiwan-based computer manufacturer Acer supplied at least $70.4 million worth of computer hardware to Russia between April 8, 2022 and March 31, 2023, according to customs

DIGGING IN – Defying Demands for Exit or Reduction of Activities

Taiwan-based computer manufacturer Acer supplied at least $70.4 million worth of computer hardware to Russia between April 8, 2022 and March 31, 2023, according to customs

suspend operations in Russia

WITHDRAWAL - Clean Break - Surgical Removal, Resection

suspend operations in Russia

WITHDRAWAL - Clean Break - Surgical Removal, Resection

suspend operations in Russia

WITHDRAWAL - Clean Break - Surgical Removal, Resection

suspend operations in Russia

Activision Blizzard

SCALING BACK – Reducing Current Operations

suspend new sales of and in our games in Russia

SCALING BACK – Reducing Current Operations

suspend new sales of and in our games in Russia

SCALING BACK – Reducing Current Operations

suspend new sales of and in our games in Russia

Finance and payments

WITHDRAWAL - Clean Break - Surgical Removal, Resection

discontinue all operations in Russia

WITHDRAWAL - Clean Break - Surgical Removal, Resection

discontinue all operations in Russia

WITHDRAWAL - Clean Break - Surgical Removal, Resection

discontinue all operations in Russia

Consumer goods and clothing

SUSPENSION – Keeping Options Open for Return

Significantly reduced revenue in 2023 vs 2022.

SUSPENSION – Keeping Options Open for Return

Significantly reduced revenue in 2023 vs 2022.

SUSPENSION – Keeping Options Open for Return

Revenue decreased in 2024 vs 2023 by more than -20%.

Archer Daniels Midland (ADM)

BUYING TIME – Holding Off New Investments/Development

Aston, one of the largest Russian grain traders, has two offices in Lausanne, including Aston Agro-Industrial which is responsible for international trade. Moreover, Aston operates a joint venture for corn processing with ADM, the world's second largest agricultural trader based in Canton Vaud.

BUYING TIME – Holding Off New Investments/Development

Aston, one of the largest Russian grain traders, has two offices in Lausanne, including Aston Agro-Industrial which is responsible for international trade. Moreover, Aston operates a joint venture for corn processing with ADM, the world's second largest agricultural trader based in Canton Vaud.

BUYING TIME – Holding Off New Investments/Development

Aston, one of the largest Russian grain traders, has two offices in Lausanne, including Aston Agro-Industrial which is responsible for international trade. Moreover, Aston operates a joint venture for corn processing with ADM, the world's second largest agricultural trader based in Canton Vaud.

Online Services

DIGGING IN – Defying Demands for Exit or Reduction of Activities

The American developer of software for working with graphics and video Adobe automatically extends licenses for users in the Russian Federation for free due to the difficulties of paying with Russian bank cards

DIGGING IN – Defying Demands for Exit or Reduction of Activities

The American developer of software for working with graphics and video Adobe automatically extends licenses for users in the Russian Federation for free due to the difficulties of paying with Russian bank cards

DIGGING IN – Defying Demands for Exit or Reduction of Activities

The American developer of software for working with graphics and video Adobe automatically extends licenses for users in the Russian Federation for free due to the difficulties of paying with Russian bank cards

SUSPENSION – Keeping Options Open for Return

suspend sales/services to Russia

SUSPENSION – Keeping Options Open for Return

suspend sales/services to Russia

SUSPENSION – Keeping Options Open for Return

suspend sales/services to Russia

WITHDRAWAL - Clean Break - Surgical Removal, Resection

exit Russia operations

WITHDRAWAL - Clean Break - Surgical Removal, Resection

exit Russia operations

WITHDRAWAL - Clean Break - Surgical Removal, Resection

exit Russia operations

Air transportation

WITHDRAWAL - Clean Break - Surgical Removal, Resection

AerCap receives $572mn pay-out from Russian insurer.

WITHDRAWAL - Clean Break - Surgical Removal, Resection

AerCap receives $572mn pay-out from Russian insurer.

WITHDRAWAL - Clean Break - Surgical Removal, Resection

AerCap receives $572mn pay-out from Russian insurer.

Construction & Architecture

EXIT COMPLETED - Company sold its business/assets

Japan's AGC, which is the world's largest glass producer, sold its Russian business. Borsk glass factory (BSZ) and Klinsk glass factory were acquired by St. Petersburg holding "Adamant", which is one of the largest glass processors in Russia. The price of the deal is not known. 02.2024: Leitis Igor Mikhailovich becomes the new founder of the organization AGC Flat Glass Clean LLC. The entry about the founder of "AGC GLASS EUROPE" JOINT STOCK COMPANY was removed from the Unified State Register of Legal Entities. That's not possible to verify new owners of JSC "AGC BSZ".

EXIT COMPLETED - Company sold its business/assets

Japan's AGC, which is the world's largest glass producer, sold its Russian business. Borsk glass factory (BSZ) and Klinsk glass factory were acquired by St. Petersburg holding "Adamant", which is one of the largest glass processors in Russia. The price of the deal is not known. 02.2024: Leitis Igor Mikhailovich becomes the new founder of the organization AGC Flat Glass Clean LLC. The entry about the founder of "AGC GLASS EUROPE" JOINT STOCK COMPANY was removed from the Unified State Register of Legal Entities. That's not possible to verify new owners of JSC "AGC BSZ".

EXIT COMPLETED - Company sold its business/assets

Japan's AGC, which is the world's largest glass producer, sold its Russian business. Borsk glass factory (BSZ) and Klinsk glass factory were acquired by St. Petersburg holding "Adamant", which is one of the largest glass processors in Russia. The price of the deal is not known. 02.2024: Leitis Igor Mikhailovich becomes the new founder of the organization AGC Flat Glass Clean LLC. The entry about the founder of "AGC GLASS EUROPE" JOINT STOCK COMPANY was removed from the Unified State Register of Legal Entities. That's not possible to verify new owners of JSC "AGC BSZ".

WITHDRAWAL - Clean Break - Surgical Removal, Resection

Suspended business in Russia, not planning new transactions

WITHDRAWAL - Clean Break - Surgical Removal, Resection

Suspended business in Russia, not planning new transactions

WITHDRAWAL - Clean Break - Surgical Removal, Resection

Suspended business in Russia, not planning new transactions

Air transportation

DIGGING IN – Defying Demands for Exit or Reduction of Activities

Foreign airlines are actively resuming acceptance of Russian Visa and MasterCard cards for ticket payment. So, Air Arabia and Fly Dubai offer to conduct a link operation through the fast payment system (SBP).

DIGGING IN – Defying Demands for Exit or Reduction of Activities

Foreign airlines are actively resuming acceptance of Russian Visa and MasterCard cards for ticket payment. So, Air Arabia and Fly Dubai offer to conduct a link operation through the fast payment system (SBP).

DIGGING IN – Defying Demands for Exit or Reduction of Activities

Foreign airlines are actively resuming acceptance of Russian Visa and MasterCard cards for ticket payment. So, Air Arabia and Fly Dubai offer to conduct a link operation through the fast payment system (SBP).

Air transportation

SUSPENSION – Keeping Options Open for Return

suspend flights to Russia

SUSPENSION – Keeping Options Open for Return

suspend flights to Russia

SUSPENSION – Keeping Options Open for Return

suspend flights to Russia

Energy, oil and gas

SCALING BACK – Reducing Current Operations

In September 2022, Air Liquide announced that it had signed a memorandum of understanding to sell its Russian business to a local management team. However, the deal never received approval from the Russian government, leaving the company in limbo.

SCALING BACK – Reducing Current Operations

In September 2022, Air Liquide announced that it had signed a memorandum of understanding to sell its Russian business to a local management team. However, the deal never received approval from the Russian government, leaving the company in limbo.

SCALING BACK – Reducing Current Operations

In September 2022, Air Liquide announced that it had signed a memorandum of understanding to sell its Russian business to a local management team. However, the deal never received approval from the Russian government, leaving the company in limbo.

Chemical industry

EXIT COMPLETED - Company sold its business/assets

LLC was sold to a local legal entity

EXIT COMPLETED - Company sold its business/assets

LLC was sold to a local legal entity

EXIT COMPLETED - Company sold its business/assets

LLC was sold to a local legal entity

Air transportation

DIGGING IN – Defying Demands for Exit or Reduction of Activities

Air Serbia will stop operating flights from Belgrade to the Russian cities of Kazan and Sochi from the end of January. The last Air Serbia flights to these cities are scheduled for January 18 and 20. However, the company still maintains its flights to the largest cities in the Russian Federation: Moscow and St. Petersburg.

DIGGING IN – Defying Demands for Exit or Reduction of Activities

Air Serbia will stop operating flights from Belgrade to the Russian cities of Kazan and Sochi from the end of January. The last Air Serbia flights to these cities are scheduled for January 18 and 20. However, the company still maintains its flights to the largest cities in the Russian Federation: Moscow and St. Petersburg.

DIGGING IN – Defying Demands for Exit or Reduction of Activities

Air Serbia will stop operating flights from Belgrade to the Russian cities of Kazan and Sochi from the end of January. The last Air Serbia flights to these cities are scheduled for January 18 and 20. However, the company still maintains its flights to the largest cities in the Russian Federation: Moscow and St. Petersburg.

Air transportation

WITHDRAWAL - Clean Break - Surgical Removal, Resection

Latvian airline airBaltic has been buying fuel from Russia since the start of the war in Ukraine, violating EU sanctions. The carrier has conducted at least 13 transactions, 11 of which were concluded in 2023 with TatneftAviaService. Two more were closed in February and March 2022 under contracts with Gazpromneft-Aero. In total, airBaltic imported 3,100 tons of jet fuel for 206.7 million rubles. Information about this was found in declarations from two customs databases: ImportGenius and the closed archive of foreign economic activity of Russia. Both the airline company and the Latvian authorities insist that they did not cooperate with the Russian postal authorities in the first months of Russia's large-scale invasion of Ukraine. At a press conference on February 14, Imants Jansons stated that AirBaltic suspended all flights to Russia immediately after the start of a large-scale Russian invasion of Ukraine. Jansons learned that one of the state companies was a partner of AirBaltic during the period when the airline canceled flights to Kazan. In addition, Gazpromneft-Aero withheld payments from AirBaltic between now and April 2022, including for refueling aircraft from Lisbon. In this case, it is emphasized that all these operations were carried out before the EU sanctions were imposed.

WITHDRAWAL - Clean Break - Surgical Removal, Resection

Latvian airline airBaltic has been buying fuel from Russia since the start of the war in Ukraine, violating EU sanctions. The carrier has conducted at least 13 transactions, 11 of which were concluded in 2023 with TatneftAviaService. Two more were closed in February and March 2022 under contracts with Gazpromneft-Aero. In total, airBaltic imported 3,100 tons of jet fuel for 206.7 million rubles. Information about this was found in declarations from two customs databases: ImportGenius and the closed archive of foreign economic activity of Russia. Both the airline company and the Latvian authorities insist that they did not cooperate with the Russian postal authorities in the first months of Russia's large-scale invasion of Ukraine. At a press conference on February 14, Imants Jansons stated that AirBaltic suspended all flights to Russia immediately after the start of a large-scale Russian invasion of Ukraine. Jansons learned that one of the state companies was a partner of AirBaltic during the period when the airline canceled flights to Kazan. In addition, Gazpromneft-Aero withheld payments from AirBaltic between now and April 2022, including for refueling aircraft from Lisbon. In this case, it is emphasized that all these operations were carried out before the EU sanctions were imposed.

WITHDRAWAL - Clean Break - Surgical Removal, Resection

Latvian airline airBaltic has been buying fuel from Russia since the start of the war in Ukraine, violating EU sanctions. The carrier has conducted at least 13 transactions, 11 of which were concluded in 2023 with TatneftAviaService. Two more were closed in February and March 2022 under contracts with Gazpromneft-Aero. In total, airBaltic imported 3,100 tons of jet fuel for 206.7 million rubles. Information about this was found in declarations from two customs databases: ImportGenius and the closed archive of foreign economic activity of Russia. Both the airline company and the Latvian authorities insist that they did not cooperate with the Russian postal authorities in the first months of Russia's large-scale invasion of Ukraine. At a press conference on February 14, Imants Jansons stated that AirBaltic suspended all flights to Russia immediately after the start of a large-scale Russian invasion of Ukraine. Jansons learned that one of the state companies was a partner of AirBaltic during the period when the airline canceled flights to Kazan. In addition, Gazpromneft-Aero withheld payments from AirBaltic between now and April 2022, including for refueling aircraft from Lisbon. In this case, it is emphasized that all these operations were carried out before the EU sanctions were imposed.

Online Services

SUSPENSION – Keeping Options Open for Return

A Russian court has fined American company Airbnb 6 million rubles ($65,400) for repeatedly failing to localize data in accordance with Russian law.

SUSPENSION – Keeping Options Open for Return

A Russian court has fined American company Airbnb 6 million rubles ($65,400) for repeatedly failing to localize data in accordance with Russian law.

SUSPENSION – Keeping Options Open for Return

A Russian court has fined American company Airbnb 6 million rubles ($65,400) for repeatedly failing to localize data in accordance with Russian law.

Aircraft industry

BUYING TIME – Holding Off New Investments/Development

Airbus Defence and Space has replaced a Russian corporation in a European project to search for signs of life on Mars.

BUYING TIME – Holding Off New Investments/Development

Airbus Defence and Space has replaced a Russian corporation in a European project to search for signs of life on Mars.

BUYING TIME – Holding Off New Investments/Development

A huge number of parts from the world's largest aircraft manufacturers, Airbus and Boeing, are falling into the hands of Russians despite sanctions, even as the companies claim to be complying with the sanctions regime.

WITHDRAWAL - Clean Break - Surgical Removal, Resection

WITHDRAWAL - Clean Break - Surgical Removal, Resection

WITHDRAWAL - Clean Break - Surgical Removal, Resection

SUSPENSION – Keeping Options Open for Return

suspend sales in Russia

SUSPENSION – Keeping Options Open for Return

suspend sales in Russia

SUSPENSION – Keeping Options Open for Return

suspend sales in Russia

Consulting, Law

SUSPENSION – Keeping Options Open for Return

suspend operations in Russia

SUSPENSION – Keeping Options Open for Return

suspend operations in Russia

SUSPENSION – Keeping Options Open for Return

suspend operations in Russia

WITHDRAWAL - Clean Break - Surgical Removal, Resection

close offices in Moscow

WITHDRAWAL - Clean Break - Surgical Removal, Resection

close offices in Moscow

WITHDRAWAL - Clean Break - Surgical Removal, Resection

close offices in Moscow

Air transportation

SUSPENSION – Keeping Options Open for Return

temporarily suspend partnership with Russian airline

SUSPENSION – Keeping Options Open for Return

temporarily suspend partnership with Russian airline

SUSPENSION – Keeping Options Open for Return

temporarily suspend partnership with Russian airline

Metals and Mining

WITHDRAWAL - Clean Break - Surgical Removal, Resection

cease buying raw materials from, or selling our products to, Russian businesses

WITHDRAWAL - Clean Break - Surgical Removal, Resection

cease buying raw materials from, or selling our products to, Russian businesses

WITHDRAWAL - Clean Break - Surgical Removal, Resection

cease buying raw materials from, or selling our products to, Russian businesses

WITHDRAWAL - Clean Break - Surgical Removal, Resection

remove products from Russia

WITHDRAWAL - Clean Break - Surgical Removal, Resection

remove products from Russia

WITHDRAWAL - Clean Break - Surgical Removal, Resection

remove products from Russia

SCALING BACK – Reducing Current Operations

Lancome, Yves Saint Laurent and Armani are returning to Russia: when cosmetics will appear in stores

SCALING BACK – Reducing Current Operations

Lancome, Yves Saint Laurent and Armani are returning to Russia: when cosmetics will appear in stores

SCALING BACK – Reducing Current Operations

Lancome, Yves Saint Laurent and Armani are returning to Russia: when cosmetics will appear in stores

SUSPENSION – Keeping Options Open for Return

The Chinese company Alibaba, which owns the AliExpress marketplace, has tightened conditions for Russian business: it has stopped accepting rubles and does not allow delivery to Russia.In 2022, Alibaba stopped investing in the Russian subsidiary of AliExpress. In 2023, the company's revenue in Russia decreased by 36%, to almost 10 billion rubles.

SUSPENSION – Keeping Options Open for Return

The Chinese company Alibaba, which owns the AliExpress marketplace, has tightened conditions for Russian business: it has stopped accepting rubles and does not allow delivery to Russia.In 2022, Alibaba stopped investing in the Russian subsidiary of AliExpress. In 2023, the company's revenue in Russia decreased by 36%, to almost 10 billion rubles.

SUSPENSION – Keeping Options Open for Return

The Chinese company Alibaba, which owns the AliExpress marketplace, has tightened conditions for Russian business: it has stopped accepting rubles and does not allow delivery to Russia.In 2022, Alibaba stopped investing in the Russian subsidiary of AliExpress. In 2023, the company's revenue in Russia decreased by 36%, to almost 10 billion rubles.

Consumer goods and clothing

SCALING BACK – Reducing Current Operations

The Chinese marketplace AliExpress has banned Russians from ordering a number of computer components, including DDR4 and DDR5 RAM and M.2 solid-state drives (SSDs). A possible reason for this could be the tightening of sanctions by the United States, as Washington continues to tighten restrictions on the supply of high-tech equipment to Russia.

SCALING BACK – Reducing Current Operations

The Chinese marketplace AliExpress has banned Russians from ordering a number of computer components, including DDR4 and DDR5 RAM and M.2 solid-state drives (SSDs). A possible reason for this could be the tightening of sanctions by the United States, as Washington continues to tighten restrictions on the supply of high-tech equipment to Russia.

SCALING BACK – Reducing Current Operations

The Chinese marketplace AliExpress has banned Russians from ordering a number of computer components, including DDR4 and DDR5 RAM and M.2 solid-state drives (SSDs). A possible reason for this could be the tightening of sanctions by the United States, as Washington continues to tighten restrictions on the supply of high-tech equipment to Russia.

Align Technology

Pharma, Healthcare

DIGGING IN – Defying Demands for Exit or Reduction of Activities

still operating in Russia

DIGGING IN – Defying Demands for Exit or Reduction of Activities

still operating in Russia

DIGGING IN – Defying Demands for Exit or Reduction of Activities

still operating in Russia

SCALING BACK – Reducing Current Operations

Stopped selling 20 sorts of vodka

SCALING BACK – Reducing Current Operations

Stopped selling 20 sorts of vodka

SCALING BACK – Reducing Current Operations

Stopped selling 20 sorts of vodka

WITHDRAWAL - Clean Break - Surgical Removal, Resection

Stop Licensing Content to Russia

WITHDRAWAL - Clean Break - Surgical Removal, Resection

Stop Licensing Content to Russia

WITHDRAWAL - Clean Break - Surgical Removal, Resection

Stop Licensing Content to Russia

Consulting, Law

SCALING BACK – Reducing Current Operations

Morgan Stanley and Allen & Overy helping oligarch’s efforts to seize Russian oil firm.

SCALING BACK – Reducing Current Operations

Morgan Stanley and Allen & Overy helping oligarch’s efforts to seize Russian oil firm.

SCALING BACK – Reducing Current Operations

Morgan Stanley and Allen & Overy helping oligarch’s efforts to seize Russian oil firm.

Finance and payments

WITHDRAWAL - Clean Break - Surgical Removal, Resection

The German insurance company Allianz has closed a deal for the sale of a controlling stake in its Russian subsidiary Alliance to Interholding, which owns Zetta Insurance. The company fully transfers control over its Russian portfolio to the Zetta Strahovanie group and ceases participation in the operational activities of the business, reports the press service of Allianz in Russia.

WITHDRAWAL - Clean Break - Surgical Removal, Resection

The German insurance company Allianz has closed a deal for the sale of a controlling stake in its Russian subsidiary Alliance to Interholding, which owns Zetta Insurance. The company fully transfers control over its Russian portfolio to the Zetta Strahovanie group and ceases participation in the operational activities of the business, reports the press service of Allianz in Russia.

WITHDRAWAL - Clean Break - Surgical Removal, Resection

The German insurance company Allianz has closed a deal for the sale of a controlling stake in its Russian subsidiary Alliance to Interholding, which owns Zetta Insurance. The company fully transfers control over its Russian portfolio to the Zetta Strahovanie group and ceases participation in the operational activities of the business, reports the press service of Allianz in Russia.

Online Services

EXIT COMPLETED - Company sold its business/assets

Google, Meta, Tiktok's debts removed from Russian state bailiffs' database.

EXIT COMPLETED - Company sold its business/assets

Google, Meta, Tiktok's debts removed from Russian state bailiffs' database.

EXIT COMPLETED - Company sold its business/assets

Google, Meta, Tiktok's debts removed from Russian state bailiffs' database.

Consumer goods and clothing

Received revenues in Russia in 2022.

Received revenues in Russia in 2022.

Received revenues in Russia in 2022.

Industrial equipment

WITHDRAWAL - Clean Break - Surgical Removal, Resection

The large French engineering concern Alstom sold its entire stake in Russian Transmashholding (20%) to local shareholders.

WITHDRAWAL - Clean Break - Surgical Removal, Resection

The large French engineering concern Alstom sold its entire stake in Russian Transmashholding (20%) to local shareholders.

WITHDRAWAL - Clean Break - Surgical Removal, Resection

Revenue significantly (by more than -70%) decreased in 2024 vs 2023.

Amadeus IT Group

Online Services

SCALING BACK – Reducing Current Operations

Current contacts of Russian representative offices are posted on the company's website

SCALING BACK – Reducing Current Operations

Current contacts of Russian representative offices are posted on the company's website

SCALING BACK – Reducing Current Operations

Current contacts of Russian representative offices are posted on the company's website

Online Services

SUSPENSION – Keeping Options Open for Return

Amazon Web Services and GoDaddy websites blocked in Russia.

SUSPENSION – Keeping Options Open for Return

Amazon Web Services and GoDaddy websites blocked in Russia.

SUSPENSION – Keeping Options Open for Return

Amazon Web Services and GoDaddy websites blocked in Russia.

Consumer goods and clothing

EXIT COMPLETED - Company sold its business/assets

Amcor announced it completed the sale of its three factories in Russia to HS Investments, a Russian-based investor, after receiving all necessary regulatory approvals and cash proceeds, including receipt of closing cash balances

EXIT COMPLETED - Company sold its business/assets

Amcor announced it completed the sale of its three factories in Russia to HS Investments, a Russian-based investor, after receiving all necessary regulatory approvals and cash proceeds, including receipt of closing cash balances

EXIT COMPLETED - Company sold its business/assets

Amcor announced it completed the sale of its three factories in Russia to HS Investments, a Russian-based investor, after receiving all necessary regulatory approvals and cash proceeds, including receipt of closing cash balances

SCALING BACK – Reducing Current Operations

Supply channels to Russia have remained open despite Western export restrictions and manufacturer bans

SCALING BACK – Reducing Current Operations

Shipments of another foreign processor, AMD, decreased year-on-year by 81%, to 17 thousand units (94 thousand in 2023), in monetary terms - by 84%, to 142 million rubles (918 million rubles).

SCALING BACK – Reducing Current Operations

Shipments of another foreign processor, AMD, decreased year-on-year by 81%, to 17 thousand units (94 thousand in 2023), in monetary terms - by 84%, to 142 million rubles (918 million rubles).

American Airlines

Air transportation

WITHDRAWAL - Clean Break - Surgical Removal, Resection

Ended agreements with Russian airlines.

WITHDRAWAL - Clean Break - Surgical Removal, Resection

Ended agreements with Russian airlines.

WITHDRAWAL - Clean Break - Surgical Removal, Resection

Ended agreements with Russian airlines.

SUSPENSION – Keeping Options Open for Return

suspension of broadcasting in Russia

SUSPENSION – Keeping Options Open for Return

suspension of broadcasting in Russia

SUSPENSION – Keeping Options Open for Return

suspension of broadcasting in Russia

American Express

Finance and payments

EXIT COMPLETED - Company sold its business/assets

The Bank of Russia, by order No. OD-1290 dated 13.08.2024, revoked the banking license of American Express Bank Limited Liability Company American Express Bank LLC (reg. No. 3460, Moscow). In terms of assets, the credit institution ranked 300th in the banking system of the Russian Federation

EXIT COMPLETED - Company sold its business/assets

The Bank of Russia, by order No. OD-1290 dated 13.08.2024, revoked the banking license of American Express Bank Limited Liability Company American Express Bank LLC (reg. No. 3460, Moscow). In terms of assets, the credit institution ranked 300th in the banking system of the Russian Federation

EXIT COMPLETED - Company sold its business/assets

The Bank of Russia, by order No. OD-1290 dated 13.08.2024, revoked the banking license of American Express Bank Limited Liability Company American Express Bank LLC (reg. No. 3460, Moscow). In terms of assets, the credit institution ranked 300th in the banking system of the Russian Federation

AmerisourceBergen

Pharma, Healthcare

BUYING TIME – Holding Off New Investments/Development

cease new business initiatives but continue existing clinical trials, and distributing health products

BUYING TIME – Holding Off New Investments/Development

cease new business initiatives but continue existing clinical trials, and distributing health products

BUYING TIME – Holding Off New Investments/Development

cease new business initiatives but continue existing clinical trials, and distributing health products

Energy, oil and gas

SCALING BACK – Reducing Current Operations

shun Russian oil cargoes over war in Ukraine

SCALING BACK – Reducing Current Operations

shun Russian oil cargoes over war in Ukraine

SCALING BACK – Reducing Current Operations

shun Russian oil cargoes over war in Ukraine

EXIT COMPLETED - Company sold its business/assets

Sold company with Pizza Hut franchise (key one) to Russian company, but have some other smaller brands

EXIT COMPLETED - Company sold its business/assets

Sold company with Pizza Hut franchise (key one) to Russian company, but have some other smaller brands

EXIT COMPLETED - Company sold its business/assets

Sold company with Pizza Hut franchise (key one) to Russian company, but have some other smaller brands

WITHDRAWAL - Clean Break - Surgical Removal, Resection

exit Russia completely

WITHDRAWAL - Clean Break - Surgical Removal, Resection

exit Russia completely

WITHDRAWAL - Clean Break - Surgical Removal, Resection

exit Russia completely

Consumer goods and clothing

EXIT COMPLETED - Company sold its business/assets

06.09.2023: The legal entity was liquidated.

EXIT COMPLETED - Company sold its business/assets

06.09.2023: The legal entity was liquidated.

EXIT COMPLETED - Company sold its business/assets

06.09.2023: The legal entity was liquidated.

Alcohol&Tobacco

WITHDRAWAL - Clean Break - Surgical Removal, Resection

According to a decree published on the Russian government website on December 30, 2024, Russian President Vladimir Putin has transferred shares of the Russian joint venture AB InBev to temporary management. The decree states that 15,831,786,776 ordinary shares and 92,943 preferred shares of the AB Inbev/Anadolu Efes enterprise have been transferred to the management of the Vmeste group of companies, an organization registered in Moscow in August of last year.

WITHDRAWAL - Clean Break - Surgical Removal, Resection

According to a decree published on the Russian government website on December 30, 2024, Russian President Vladimir Putin has transferred shares of the Russian joint venture AB InBev to temporary management. The decree states that 15,831,786,776 ordinary shares and 92,943 preferred shares of the AB Inbev/Anadolu Efes enterprise have been transferred to the management of the Vmeste group of companies, an organization registered in Moscow in August of last year.

WITHDRAWAL - Clean Break - Surgical Removal, Resection

According to a decree published on the Russian government website on December 30, 2024, Russian President Vladimir Putin has transferred shares of the Russian joint venture AB InBev to temporary management. The decree states that 15,831,786,776 ordinary shares and 92,943 preferred shares of the AB Inbev/Anadolu Efes enterprise have been transferred to the management of the Vmeste group of companies, an organization registered in Moscow in August of last year.

SUSPENSION – Keeping Options Open for Return

suspend operations in Russia

SUSPENSION – Keeping Options Open for Return

suspend operations in Russia

SUSPENSION – Keeping Options Open for Return

suspend operations in Russia

Consumer goods and clothing

WITHDRAWAL - Clean Break - Surgical Removal, Resection

Probably an internal deal - 12.2023: The entry about the founder of AP PACKAGING RUSSIA HOLDING GMBH was removed from the Unified State Register of Legal Entities. NEVA EF-ZET-EL-EL-SI becomes the new founder of the organization.

WITHDRAWAL - Clean Break - Surgical Removal, Resection

Probably an internal deal - 12.2023: The entry about the founder of AP PACKAGING RUSSIA HOLDING GMBH was removed from the Unified State Register of Legal Entities. NEVA EF-ZET-EL-EL-SI becomes the new founder of the organization.

WITHDRAWAL - Clean Break - Surgical Removal, Resection

Revenue decreased in 2024 vs 2023 by more than -10%.

WITHDRAWAL - Clean Break - Surgical Removal, Resection

complete cessation of work with users from Russia

WITHDRAWAL - Clean Break - Surgical Removal, Resection

complete cessation of work with users from Russia

WITHDRAWAL - Clean Break - Surgical Removal, Resection

complete cessation of work with users from Russia

SUSPENSION – Keeping Options Open for Return

Apple no longer provides Russian developers with access to the Apple Developer Enterprise Program, a platform for creating corporate applications. Access was restricted on February 12

SUSPENSION – Keeping Options Open for Return

Apple no longer provides Russian developers with access to the Apple Developer Enterprise Program, a platform for creating corporate applications. Access was restricted on February 12

SUSPENSION – Keeping Options Open for Return

Apple no longer provides Russian developers with access to the Apple Developer Enterprise Program, a platform for creating corporate applications. Access was restricted on February 12

Finance and payments

SCALING BACK – Reducing Current Operations

The American company Apple has published new rules for Russian app developers, allowing their users to use external payment methods for making purchases without Apple's involvement.

SCALING BACK – Reducing Current Operations

The American company Apple has published new rules for Russian app developers, allowing their users to use external payment methods for making purchases without Apple's involvement.

SCALING BACK – Reducing Current Operations

The American company Apple has published new rules for Russian app developers, allowing their users to use external payment methods for making purchases without Apple's involvement.

Metals and Mining

EXIT COMPLETED - Company sold its business/assets

04.2023: Full name changed from JSC "ARCONIK SMZ" to JSC "SAMARA METALLURGICAL PLANT" | LLC "HYPERION" becomes the new founder of the organization

EXIT COMPLETED - Company sold its business/assets

04.2023: Full name changed from JSC "ARCONIK SMZ" to JSC "SAMARA METALLURGICAL PLANT" | LLC "HYPERION" becomes the new founder of the organization

EXIT COMPLETED - Company sold its business/assets

04.2023: Full name changed from JSC "ARCONIK SMZ" to JSC "SAMARA METALLURGICAL PLANT" | LLC "HYPERION" becomes the new founder of the organization

SUSPENSION – Keeping Options Open for Return

SUSPENSION – Keeping Options Open for Return

SUSPENSION – Keeping Options Open for Return

DIGGING IN – Defying Demands for Exit or Reduction of Activities

“On March 26, 2025, by Presidential Decree No. 176 of the Russian Federation, Ariston Holding NV regained ownership and full control of the shares of its Russian subsidiary,” the Italian company said in a statement. Paolo Merloni, Ariston’s chief executive, welcomed the decision. “We intend to resume cooperation with our Russian local leadership, in full compliance with existing sanctions, and continue our legacy in the country,” he said in a statement. Ariston said its board of directors would have to reconsider its previous decision, taken last August, to deconsolidate its Russian unit, called Ariston Thermo Rus, and record the related losses.

DIGGING IN – Defying Demands for Exit or Reduction of Activities

Still operating and actively hiring in Russia. Russian dictator Vladimir Putin transferred the Russian subsidiaries of the Italian water heating company Ariston and the German manufacturer of household appliances BSH Hausgeraete to the temporary management of the Gazprom company. “On March 26, 2025, by Presidential Decree No. 176 of the Russian Federation, Ariston Holding NV regained ownership and full control of the shares of its Russian subsidiary,” the Italian company said in a statement. Paolo Merloni, Ariston’s chief executive, welcomed the decision. “We intend to resume cooperation with our Russian local leadership, in full compliance with existing sanctions, and continue our legacy in the country,” he said in a statement. Ariston said its board of directors would have to reconsider its previous decision, taken last August, to deconsolidate its Russian unit, called Ariston Thermo Rus, and record the related losses.

SCALING BACK – Reducing Current Operations

Revenue decreased in 2024 vs 2023 by more than -10%.

Food&Beverages

EXIT COMPLETED - Company sold its business/assets

quits Russia, selling business to management

EXIT COMPLETED - Company sold its business/assets

quits Russia, selling business to management

EXIT COMPLETED - Company sold its business/assets

quits Russia, selling business to management

Consumer goods and clothing

no relevant news

no relevant news

no relevant news

SUSPENSION – Keeping Options Open for Return

Suspend shipments

SUSPENSION – Keeping Options Open for Return

Suspend shipments

SUSPENSION – Keeping Options Open for Return

Suspend shipments

WITHDRAWAL - Clean Break - Surgical Removal, Resection

remove products from Russia

WITHDRAWAL - Clean Break - Surgical Removal, Resection

remove products from Russia

WITHDRAWAL - Clean Break - Surgical Removal, Resection

remove products from Russia