Following a wave of sanctions implemented in the aftermath of Moscow’s invasion of Ukraine, companies have taken steps to curtail, halt, or quit their operations in Russia.
The companies listed below have announced plans to withdraw or reduce their presence in Russia:
Film and TV
Disney, Warner Bros., and Sony Pictures Entertainment have all halted new film releases in Russia.
Netflix pulled out of Russia on Sunday.
Also read: Visa, Mastercard ban operations in Russia amid Ukraine crisis
Sportswear and fashion
Adidas has terminated its partnership with the Russian Football Union, effective immediately.
Nike has rendered item purchases on its website and app in Russia unavailable due to the inability to guarantee delivery.
Puma has ceased shipping to Russia, despite the fact that the company’s 100 stores remain open.
H&M, the world’s second-largest fashion retailer, has banned all sales in Russia for the time being.
Tech
In Russia, Apple has halted all product sales.
Google, owned by Alphabet, has restricted mobile apps linked to Russian broadcasters RT and Sputnik, after previously banning Russian official publishers from news-related features.
Video-streaming platform TikTok restricted certain services in Russia following the country’s ‘fake news’ regulation laws.
Microsoft announced that it would remove state-owned RT’s mobile apps from the Windows App Store and prohibit advertising on Russian state-sponsored media.
Samsung Electronics, a key provider of both cellphones and computer chips from South Korea, announced a halt in product shipments to the country.
Also read: Shell Oil pledges profit from Russian oil purchase to Ukraine refugees
Dell Technologies announced a halt on product sales in Ukraine and Russia.
On Monday, IBM announced its decision to suspend all operations in Russia.
Financial Services
Visa announced on Saturday that it will work with its Russian clients and partners to immediately cease all transactions in the coming days, and Visa cards issued outside of Russia will no longer work inside the country.
In response to the invasion, Mastercard stated Saturday in a statement that it will halt operations in Russia. American Express followed suit on Sunday.
Both KPMG and PricewaterhouseCoopers announced on Sunday that they would be terminating their relationships with their Russia-based member firms. KPMG announced its departure from Belarus as well.
Automakers
Mercedes-Benz wants to sell its 15% ownership in Kamaz as soon as feasible.
General Motors and Volvo Cars of Sweden have both banned vehicle exports to Russia until further notice.
Mitsubishi of Japan has stated that it may halt production and sales of its vehicles in Russia.
Harley-Davidson announced a halt to its operations and bike shipments to Russia.
Ford’s operations in Russia have been halted until further notice.
Jaguar Land Rover and Aston Martin, both British luxury carmakers, have halted vehicle shipments to Russia.
BMW of Germany has ceased automobile exports to Russia and announced that it will cease production in the country.
Honda has announced the suspension of automotive and motorcycle exports to Russia.
Mazda will halt exports of vehicle parts to its Russian facility, according to the Nikkei on Tuesday.
Also read: Ukrainian woman weds Chicago fiance ahead of return home
Aviation
Boeing has ceased providing components, maintenance, and technical assistance to Russian airlines.
Airbus has ceased exporting replacement parts to Russia and providing support to Russian airlines, but is investigating whether its Moscow engineering department can continue to service local customers.
Energy
TotalEnergies, a French energy company, has announced that it will no longer supply finance for new projects in Russia.
BP is selling its 19.75 percent investment in Russian oil major Rosneft, while Shell has announced the closure of all of its Russian activities.
Exxon Mobil will abandon its Russian oil and gas activities, which are worth more than $4 billion.
Following criticism from Ukraine’s foreign minister, Shell Oil, Europe’s largest oil business, has announced that the earnings from a recent purchase of Russian crude oil will be donated to a fund established to assist Ukrainian refugees.
Also read: Zelensky asks US for more sanctions on Russia, no-fly zone over Ukraine: Report
Eni, the Italian energy company, intends to sell its part in a pipeline that transports Russian gas to Turkey.
Siemens Energy, a German turbine manufacturer, has halted new operations in Russia.
Trafigura, a global commodities trader, stated it has stopped investments in Russia and is reconsidering its 10% interest in Rosneft’s Vostok Oil project in the Arctic.
Industrial
Sandvik, a Swedish engineering firm, has suspended operations in Russia, while Atlas Copco has paused all exports to the nation.
Metso Outotec, a Finnish engineering firm, has temporarily halted deliveries to Russia.
Norsk Hydro will not enter into new contracts with Russian manufacturers until further notice, and it is considering freezing current economic relations.
Siemens has halted all new business and international exports to Russia, but will continue local repair and maintenance operations in accordance with the sanctions, according to a company representative.
Also read: Vladimir Putin meet Israel PM Naftali Bennett amid Ukraine crisis: Report
Logistics and shipping
UPS and FedEx have suspended deliveries to Russia and Ukraine.
Maersk will temporarily suspend all container transport to and from Russia.
DHL deliveries to Russia have been halted by Deutsche Post.
Hapag Lloyd, a German shipping operator, has blocked bookings for Russia and halted sailings to Ukraine.
MSC has ceased bookings to and from Russia, but will continue to accept food and humanitarian cargoes.
Telecoms
Ericsson, a Swedish telecom equipment manufacturer, has suspended sales to Russia.
To comply with sanctions, Nokia will suspend deliveries to Russia.
