COALITION

FOR

UKRAINE

Coalition

for

Ukraine

alex-algard

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 February 28, 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
Categories
All
1217
Pulling Out
953
Holdouts
264

Accounting
9
Advertising
7
Aerospace
16
Aircraft
8
Architects
6
Association
17
Automotive
49
Beverages
39
Chemicals
25
Clothing
59
Commodities
16
Conglomerate
24
Consulting
20
Consumer
2
Consumer goods
79
Electronics
25
Energy
71
Engineering
1
Entertainment
16
Finance
97
Financial
1
Food
85
Industrial
157
Internet
41
Law
30
Logistics
22
Luxury
30
Manufacturing
121
Media
40
Medical
46
Medicine
1
Payments
13
Real Estate
15
Retail
100
Services
76
Sports
27
Tech
139
Telecom
10
Tires
7
Transportation
35
Travel
44
Video games
27
Headquarters

All

Australia

Austria

Azerbaijan

Belarus

Belgium

Bermuda

Brazil

Canada

China

Cyprus

Czech Republic

Czechia

Denmark

England

Estonia

Finland

France

Germany

Gibraltar

Greece

Greenland

Hungary

Iceland

India

Indonesia

Ireland

Israel

Italy

Japan

Kazakhstan

Latvia

Liechtenstein

Lithuania

Luxembourg

Malaysia

Malta

Mexico

Monaco

Netherlands

New Zealand

Norway

Pakistan

Panama

Poland

Portugal

Puerto Rico

Qatar

Romania

Serbia

Singapore

Slovenia

South Africa

South Korea

Spain

Sri Lanka

Sweden

Switzerland

Taiwan

Thailand

Turkey

UAE

UK

USA

Ukraine

Vietnam

CompanyHeadquartersAction
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Accountor

HQ: Finland
Tech

March 10: Withdrew from Russia. (Russia accounts for less than 2% of Accountor's turnover)

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Ahlstrom-Munksjö

HQ: Finland
Manufacturing

April 14: Continues to operate glassfiber tissue production facility in Tver. Discontinued exports to Russia (Russia represented 1.4% of net sales)

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Alko

HQ: Finland
Beverages
Retail

March 1: Stopped selling 20 sorts of vodka

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Aspo

HQ: Finland
Conglomerate

April 19: Exited the Russian market through sale Russian subsidiary Telko

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Atria

HQ: Finland
Food

March 7: Exiting the fast food business in Russia (1.5% of total net sales)

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Bang & Bonsomer

HQ: Finland
Tech

April 12: Suspended all new investments in Russia. Reducing financial and legal liability in the country

SOURCES

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Cargotec

HQ: Finland
Manufacturing

March 1: Stopped all sales to Russia. (Russia’s share of total sales was below 1% in 2021, 50 employees)

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Elisa Esports

HQ: Finland
Video games
Media

March 2: Suspended Russian-owned organisations from participation in Elisa Esports tournaments

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Fazer

HQ: Finland
Food

May 3: Sold its Russian subsidiary to Kolomenskij Bakery and Confectionery

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Finnlines

HQ: Finland
Transportation

March 11: Suspended its regular services (4 ships) to and from Russia, all re-assigned to other intra-EU services

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Fiskars

HQ: Finland
Consumer goods

March 7: Withdrew completely from the Russian market (70 employees)

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Fortum

HQ: Finland
Energy

July 13: Russia seized control of Fortum’s assets in Russia

Listed on: Forbes Global 2000

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Gasum

HQ: Finland
Energy

May 22: Terminated long term natural gas supply contract with Gazprom due to contractual disputes. Long term LNG supply contracts remain in place

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Hesburger

HQ: Finland
Food

March 29: Closing all outlets in Russia. The withdrawal is characterised as slow (only closed 1 out of the 38 restaurants it has in Russia)

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Huhtamaki

HQ: Finland
Manufacturing
Food

September 2: Sold its operations in Russia to Espetina Ltd (Operated a Fiber Packaging manufacturing facility in Ivanteevka)

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Hunajayhtymä Oy (Honey Group)

HQ: Finland
Food

February 28: Suspended the sale of products on its OZON online store

SOURCES

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Kemira

HQ: Finland
Industrial

May 6: Exited Russian market and closed local operations (3% of Kemira's revenue in 2021)

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Kesko

HQ: Finland
Conglomerate
Retail

March 28: Discontinued purchases and export of food products to Russia

Listed on: Forbes Global 2000

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Kiilto

HQ: Finland
Chemicals

February 10: All Russian subsidiaries have been sold

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KONE

HQ: Finland
Services

June 28: Leaving the Russian market after selling Russian operations to local management (650 employees)

Listed on: Forbes Global 2000

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Konecranes

HQ: Finland
Manufacturing
Services

March 15: Plans to wind down operations after delivering final cranes to Russia

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Konecranes

HQ: Finland
Manufacturing
Industrial

March 15: Plans to wind down operations after delivering final cranes to Russia

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Metsä Group

HQ: Finland
Industrial

March 3: Suspended production in the Swir sawmill, Russia. Wood procurement in Russia and imports to Metsä Group's mills discontinued

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Metso Outotec

HQ: Finland
Industrial

April 24: Completed the wind down process and discontinued business with Russia

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Neste Oyj

HQ: Finland
Energy

July 20: Completely replaced Russian crude oil with other sources

Listed on: Forbes Global 2000

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Nokia

HQ: Finland
Telecom

April 12: Exiting Russian market

Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune) World's Most Ethical Companies (Ethisphere)

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Nokian Tyres

HQ: Finland
Automotive

March 16: Sold its Russian operations to PJSC Tatneft

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Olvi

HQ: Finland
Beverages

April 21: Stopped exports to Russia (€13.5 million)

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Orion

HQ: Finland
Medical

June 1: Divested the rights of some self-care brands in Russia. Discontinued sales of prescription drugs in Russia. Orion no longer has any inventories in Russia

SOURCES

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Paulig

HQ: Finland
Food

May 5: Sold its Russian subsidiary Paulig Rus LLC to the private investor Mr Vikas Soi (coffee roastery in Tver, 200 employees)

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Ponsse

HQ: Finland
Industrial

July 7: Sold all shares in OOO Ponsse, its subsidiary that provided PONSSE services in Russia to OOO Bison

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Raute Corporation

HQ: Finland
Manufacturing

March 4: Continues with existing projects. Suspended new agreements with Russian operators (Russian orders received in 2021: 79 million euros, 39% of all orders)

SOURCES

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Reima

HQ: Finland
Manufacturing
Clothing

February 24: Subsidiary in Russia has been sold to a local operator

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Rovio

HQ: Finland
Video games

March 9: Removed all games from app stores in Russia and Belarus. In app purchases also disabled in these markets

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S-Group

HQ: Finland
Retail

June 22: Selling off businesses in Russia (16 Prisma supermarkets three Sokos hotels, 1000 employees)

SOURCES

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SRV

HQ: Finland
Industrial

August 2: Sold the share capital of its subsidiary SRV Russia Oy to the Cyprus-based real estate investment company. Negotiating sale of its remaining asset in Russia (50 per cent holding in the Pearl Plaza shopping centre in St Petersburg)

SOURCES

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Stora Enso

HQ: Finland
Industrial

May 16: Divested its packaging operations in Russia (3 packing plants, 2 sawmills, 1100 employees)

Listed on: Forbes Global 2000

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Supercell

HQ: Finland
Video games

March 22: Removed its games from app stores, halted new downloads and access for existing players

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Tietoevry

HQ: Finland
Tech

March 3: Exiting its operations in Russia (100 employees in Moscow and St. Petersburg, Tietoevry Russia accounts for approximately 0.4% of Group revenues)

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Tikkurila (PPG)

HQ: Finland
Industrial
Manufacturing

March 24: Activated options to exit Russia. Will continue to sell a minimum amount of essential products, to maintain employment in Russia

Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune)

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UPM

HQ: Finland
Industrial

April 3: Sold all its business operations in Russia to Gungnir Wooden Products Trading

Listed on: Forbes Global 2000

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Valio

HQ: Finland
Food

June 3: Started exit process. Ramping down operations, ceased exports to Russia

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VR Group

HQ: Finland
Transportation

March 3: Terminated contracts related to the transport of goods between Russia and Finland. In the process of divesting its affiliates and subsidiaries in Russia

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Wärtsilä

HQ: Finland
Industrial

July 21: Completed exit from Russia by selling its Russian subsidiaries to local management

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YIT

HQ: Finland
Real estate

April 1: Sold its operations in Russia to Etalon Group PLC

Rows

1–45 of 45

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

Can you donate some time to the cause?

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.

Alex can be found online here: Twitter, LinkedIn, Instagram

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