Coalition
for
Ukraine
A personal note:
I'm a tech entrepreneur and concerned citizen trying to support Ukraine. I hope to rally suppport for companies pulling out of Russia, and add pressure on those that still remain, by providing you info to share in social media. Thank you for your support! - Alex Algard
CORPORATIONS SUPPORTING UKRAINE:
An Accounting of Who's Pulling Out and Who's Continuing Business With Russia
The brutal Russian invasion of Ukraine is being fought on many fronts, including the economic front. Corporations have made various announcements regarding Ukraine and Russia, but what are their actual actions to help prevent more bloodshed? As of April 25, we are tracking 1217 companies, of which 953 are pulling out of Russia, and 264 holdouts (highlighted in red) are mostly continuing to do business as usual in Russia. Review the list, take action (here and directly), tweet and share!
SHOW YOUR SUPPORT | DEMAND ACTION
LIST OF COMPANIES
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| Company | Headquarters | Action | |
|---|---|---|---|
 | Arla Foods HQ: DenmarkFood | May 18: Exited Russian market through sale of operations (70 employees) | |
 | Bang & Olufsen HQ: DenmarkElectronics Manufacturing | April 16: Stopped all sales and shipments | |
 | Bestseller HQ: DenmarkRetail Clothing | ||
 | Carlsberg HQ: DenmarkBeverages | June 23: Exited Russian market, selling its operation (8400 employees) Listed on: Forbes Global 2000 | |
 | CHR Hansen HQ: DenmarkManufacturing | March 11: Discontinuing supply of products not relating to basic food and human health, all profit from our continued operations in Russia will be donated | |
 | Danfoss HQ: DenmarkManufacturing | July 15: Exited Russian operations through sale to local management | |
 | Demant HQ: DenmarkMedical | March 2: Suspended all trade with Russia (4 employees still present in Russia) | |
 | DSV A/S HQ: DenmarkTransportation Logistics | March 3: Shipments to Russia and Belarus suspended except for medical and humanitarian supplies. Listed on: Forbes Global 2000 | |
 | Ecco HQ: DenmarkRetail | March 1: Continues to operate in Russia through exports to EKKO-ROS LLC. Halted new investments (1800 employees) | |
 | FLSmidth HQ: DenmarkIndustrial | May 5: Winding down Russian operations | |
 | Grundfos HQ: DenmarkManufacturing Industrial | January 5: Copletely withdrew as local management is set to tak over operations in Russia | |
 | Hempel HQ: DenmarkIndustrial | ||
 | ICES HQ: DenmarkAssociation | March 30: Temporary suspended Russian participation in ICES activities | |
 | ISS HQ: DenmarkServices | ||
 | JYSK HQ: DenmarkConsumer goods Retail | ||
 | Lego HQ: DenmarkRetail | May 12: Paused shipments of products to Russia | |
 | Maersk HQ: DenmarkTransportation Logistics | February 20: Divested its logistics sites in St. Petersburg and Novorossiysk to IG Finance Development Limited Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune) | |
 | Novo Nordisk HQ: DenmarkMedical | March 1: Russian factory continues to operate. Suspended new investments in Russia and Ukraine. Listed on: Forbes Global 2000 | |
 | Orsted HQ: DenmarkEnergy | April 4: Ongoing contract with Gazprom for gas supplies. Ceased all sourcing of biomass and coal from Russia. Will not enter into new contracts with Russian companies Listed on: Forbes Global 2000 | |
 | Pandora HQ: DenmarkConsumer goods | March 30: Suspended all business with Russia, ceased purchases of diamonds of Russian origin | |
 | Rockwool HQ: DenmarkIndustrial | March 1: Stopped any import or export of stone wool products to or from Russia following. Continuing to operate (4 factories and 1,200 employees) | |
 | Scandinavian Tobacco HQ: DenmarkConsumer goods | ||
 | Torm HQ: DenmarkEnergy Logistics | ||
 | Velux HQ: DenmarkManufacturing Industrial | March 31: Permanently closed its operations in Russia (72 employees in sales offices in Russia and Belarus) | |
 | Vestas HQ: DenmarkEnergy | April 6: Withdrawing from Russia. Halted its four wind farm projects Listed on: Forbes Global 2000 | |
 | Welltec HQ: DenmarkEnergy Tech |
COALITION
FOR
UKRAINE
HOW YOU CAN HELP
REPORT
Do you know a company still operating in Russia?
Anonymously (or not) provide us the details.
VOLUNTEER
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Please fill out the form below with how you can help.
FAQ
Why does it matter whether or not companies pull out of Russia?
These companies want to be on the right side of history in the eyes of their customers, employees, and shareholders. Their actions absolutely matter and will make a difference. The Kremlin cannot win this economic war, and the oligarchs of Russia are now starting to openly speak up against Putin.
What are your data sources?
We rely on the most authoritative sources available online, including public announcements by corporations and online media sources as attributed in the "source" column.
How do you define "pulling out of Russia"? If a company is not shutting down 100% of Russian operations, what threshold do you use?
Most companies that are withdrawing from the Russian market are not shutting down 100% of their Russian operations. We try to ascertain how material the pullback is relative to the company's overall business within Russia, and if it is a significant reduction, then we will give the company credit for it. Conversely, if a company has announced that it is shutting a portion of its Russian business, but we have determined that the affected businesses is in fact a relatively small portion of the overall business, then we will still call attention to the company needing to do more.
Am I hurting the average Russian citizen by encouraging businesses to leave?
Russia’s unprovoked invasion of Ukraine can be repulsed on the ground and through economic pressure. In fact, if the ground war slows to a stalemate, the economic war is increasingly important. We believe the most helpful way for us to take action is to urgently encourage major businesses to cease business ties with Russia. This economic pressure will help expedite an end to the war.
Who created this website and why?
Alex Algard, a tech entrepreneur, created this website, and he provides ongoing support for a professional team of web development, research, and data entry staff. As a concerned citizen, he felt compelled to do something in support of Ukraine.
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