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Corporate responses to the Russian invasion of Ukraine
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Many private companies have ceased operations in Russia or donated or matched donations to the Ukrainian government or Ukrainian organizations in response to Russia's seizure of Ukrainian territory in 2014 and 2022. Others have applied various sanctions.
By the count of researchers at the Yale School of Management, 350 companies had withdrawn by 15 March 2022, more than 400 by 18 March, and almost 1,000 by 4 May.[1][2]
Companies suspending operations in Russia
| Company | Industry | Country [clarification needed] |
Suspended operations | Remaining operations in Russia |
|---|---|---|---|---|
| 3M | Conglomerate |  United States
|
Suspended all of its business operations in Russia, where it operates at least one factory.[3][4] | |
| Accenture | Consulting |  Ireland/ United States
|
Closed business in Russia[1] | |
| Acer | Computer hardware |  Taiwan
|
Suspended product sales in Russia[5] | |
| Accor | Hospitality |  France
|
Halted all services to hotels whose owners are under U.S. or European sanctions[6] as well abandoned expansion plans in Russia[7] | Accor has more than 50 hotels in Russia and continues to operate in the country in support of its 3,500 employees[8] |
| Activision Blizzard | Video game | United States
|
Suspended "new sales of and in our games"[9] | |
| Advanced Micro Devices | Semiconductor company | United States
|
Chip sales to Russia[10] | |
| Adidas | Clothing |  Germany
|
Suspended partnership with Russian Football Union[11] Temporarily closed its stores and e-commerce operations in Russia.[12] | |
| AerCap | Aircraft leasing | Ireland
|
Ceased lending to Russians[1] | |
| airBaltic | Airline |  Latvia
|
Cancelled all flights to and from Russia until further notice[13] | |
| Airbnb | Online marketplace | United States
|
Suspended all operations in Russia and Belarus[14] Offered free, short-term housing to up to 100,000 refugees fleeing Ukraine[15] | |
| Airbus | Aerospace manufacturer | France
|
Stopped providing support services to Russian Airlines[16] Continues to purchase titanium from the Russian Federation[17] | |
| Air France-KLM | Airline | France
|
Stopped flights to Russia[18] | |
| Alaska Airlines | Airline | United States
|
Suspended Russian partnerships[1] | |
| Alcoa | Metals | United States
|
Suspended all business with Russia[19] | |
| Allianz | Financial services | Germany
|
Curtailed Russian access to capital markets.[1] In June 2022, Allianz sold a 50.1% stake in its Russian operations to Interholding.[20] | |
| Alstom | Rail transport manufacturer | France
|
Suspended all deliveries to Russia and any future investment in Russia.[21] | |
| Amadeus IT Group | Software |  Spain
|
Distribution service with Russia's Aeroflot and new planned commercial projects in Russia halted[22] | |
| Amazon | Internet | United States
|
Amazon's cloud computing business, Amazon Web Services (AWS), is no longer accepting new customers based in Russia or Belarus. "Unlike some other US technology providers, Amazon and AWS have no data centres, infrastructure or offices in Russia, and we have a longstanding policy of not doing business with the Russian government".[23] | Ukraine's vice prime minister, Mykhailo Fedorov, had appealed to Amazon executive chair Jeff Bezos to suspend the provision of all AWS services in Russia. AWS is not fully suspended in Russia.[24][25] |
| Amber Grid | Natural gas transmission |  Lithuania
|
Abandoned all Russian natural gas imports.[26] | |
| American Airlines | Airlines | United States
|
Severed all ties with Aeroflot and S7 Airlines and suspended interline agreements.[27] | |
| American Express | Payment card services | United States
|
Suspended all operations in Russia and Belarus[28] | |
| AmerisourceBergen | Healthcare | United States
|
Operations in Ukraine and new business initiatives in Russia are currently suspended.[29] | Provision of limited logistical support of pharmaceutical products and of the existing clinical trial programs has continued[29] |
| Amway | Direct selling | United States
|
||
| Anheuser-Busch | Brewing | United States
|
Halted all shipments to Russia[1] | |
| Apple | Computer hardware and software | United States
|
Halted all product sales[30]
|
Continues sales through official resellers[33] |
| Arconic | Industrials | United States
|
Pause New Contracts in Russia[34] | Arconic Samara Metallurgical Plant – known as Arconic SMZ – has been in operation since 1960 and is one of Russia's largest producers of fabricated aluminum.[35] |
| Asda | Retail |  UK
|
Remove products from Russia[1] | |
| ASOS | Online retail | UK
|
Retail sales stopped[36] | |
| Assicurazioni Generali | Insurance |  Italy
|
Exit Russia completely[1] | |
| Aston Martin | Luxury sports cars and grand tourers | UK
|
Retail[37] | |
| Asus | Electronics | Taiwan
|
Asus stated that its shipments to Russia are at an "effective standstill". Furthermore, the company will donate $1.05 million to the Taiwanese relief agency which is in charge of humanitarian donations for Ukraine, it said.[38] | |
| AT&T | Telecommunications | United States
|
Announced calls between Ukraine and anywhere else in the world would be free of charge[39] | |
| Atlas Copco | Industrial equipment |  Sweden
|
Halt all shipments to Russia[1] | |
| Atlassian | Software |  Australia
|
Pauses sales in Russia and suspends licenses state-owned or held by companies supporting the war[40] | |
| Auchan | Retail | France
|
Russia has the most Auchan supermarkets and hypermarkets outside France and is estimated to contribute one fifth of yearly group revenues, about € 5bn–6bn.[41] Managers in Russia deny company closing stores.[42] | |
| Autodesk | Software | United States
|
Business in Russia[43] | |
| Avid Technology | Technology | United States
|
All sales and support for all customers, users and resellers in Russia and Belarus[44] | |
| Bain | United States
|
Suspend consulting for all Russian govt entities[1] | ||
| Baker McKenzie | Law |  Switzerland
|
Suspend services for all Kremlin entities[1] | |
| Balenciaga | Luxury fashion | France
|
Russian revenue streams[45] | |
| BASF | Chemicals | Germany
|
BASF suspended new activities in Russia and Belarus.[1][46] | BASF continues existing activities, in accordance with international sanctions.[46] |
| Bayer | Chemicals | Germany
|
CEO stated "Bayer will closely monitor and mitigate these risks to the extent possible".[47] Bayer committed to financially assisting Ukrainian employees with funds and housing. In a statement, CEP Werner Baumann deemed the invasion "a threat to our freedom and democracy, and we at Bayer condemn in the most vigorous way, this Russian attack."[48] | |
| BBC | Broadcast | UK
|
BBC Studios suspended the licensing of programming to Russian customers.[49] | The BBC introduced two new shortwave radio frequencies for Russia and Ukraine (15735 kHz and 5875 kHz), in response to Russian state media and censorship.[50] |
| Bentley | Luxury cars | UK
|
Halts exports to Russia[51] | |
| Binance | Crypto exchange |  Canada
|
Binance says will not accept cards of sanctioned Russian banks[52] | CEO resisted calls to curtail operations in Russia[53] |
| BlackRock | Financial services | United States
|
Curtail Russian access to capital markets[1] | |
| Bloomberg | United States
|
Pull back journalists from Russia[1] | ||
| BMW | Luxury vehicles and motorcycles | Germany
|
Stopped car production in Russia and halts exports to Russia.[54] | |
| BNP Paribas | Banking | France
|
Curtail Russian access to capital markets[1] | While BNP Paribas took many actions to help Ukraine, it did not pull out of Russia. Many of these were organized by local (e.g. Polish) offices.[55] |
| Boeing | Aviation, spaceflight and telecommunications | United States
|
Suspended parts and maintenance support for Russian airlines as well as its operations in Moscow[56] Suspended purchases of titanium from Russia[57] | |
| Bolt | Vehicle for hire, micromobility, car-sharing, and food delivery services |  Estonia
|
Ties with Russian companies[58] | |
| Bombardier | Aircraft | Canada
|
Restrict new Russian business[1] | |
| BooHoo Group | Online fashion retail | UK
|
Boohoo Group, which comprises Boohoo, PrettyLittleThing. Burton and Debenhams, has suspended sales in Russia[59] | |
| Booking.com | Travel |  Netherlands
|
Operations in Russia[60] | |
| Boston Consulting Group | Consulting | United States
|
Won't take on any new work in Russia[61] | "our contractual obligations, we have already started to wind down work where possible"[61] |
| BP | Oil and gas | UK
|
Abandoned stake in Russian oil giant Rosneft.[62] | |
| Bridgestone | Tyres |  Japan
|
"The major Japanese tire-maker said it will suspend production at its passenger car tire plant in Ulyanovsk in western Russia from Friday and freeze all new capital investment."[63] | |
| British American Tobacco | Tobacco | UK
|
Suspended all its planned capital investment in the country.[64]
On March 11, 2022, company said it would exit Russia and cut its fiscal 2022 guidance as a result[65] |
|
| British Land | Real estate | UK
|
Plans to end lease agreement with Gazprom in central London. Gazprom Marketing & Trading (GM&T) had occupied the top floors of 20 Triton Street in Regent's Park.[66] | |
| Budvar | Brewing | United States
|
Halt all shipments to Russia[1] | |
| Bumble | Internet | United States
|
Discontinued operations in Russia and Belarus and removed its applications form the Apple App Store and Google Play Store in Russia and Belarus.[67] | |
| Burberry | Retail | UK
|
Halt all shipments to Russia[1] | |
| Cadillac | Automobile manufacture | United States
|
Business to Russia[68] | |
| Canada Goose | Clothing | Canada
|
Halt all shipments to Russia[1] | |
| Cannes Festival | Film festival | France
|
Ban Russian Delegations[69] | |
| Canonical | Software | UK
|
Halt support, professional services and partnerships with Russian enterprises[70] | Continues to provide security patches to Russian customers[70] |
| Cargill | Food and agriculture | United States
|
Scaled back business operations and stopped further investments in Russia.[71] | Cargill will continue operations in Russia. |
| Carlsberg | Brewer |  Denmark
|
Exports, New Investments Into Russia[72] | |
| Carnival | Cruise | United States
|
Along with its parent company Carnival Corporation announced all Russian tours would be cancelled, and that the company would severely limit dealings with Russian business entities.[73] | |
| Cartier | Luxury goods | France
|
Operations in Russia[74] | |
| CBC | Broadcast | Canada
|
Suspended all reporting and pulled all journalists.[75][76][77] Russia withdrew visas and accreditation; closed Moscow bureau.[78] |
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