Coalition
for
Ukraine
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
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 December 4, 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!
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Company | Headquarters | Action | |
---|---|---|---|
Accountor HQ: FinlandTech | March 10: Withdrew from Russia. (Russia accounts for less than 2% of Accountor's turnover) | ||
Ahlstrom-Munksjö HQ: FinlandManufacturing | April 14: Continues to operate glassfiber tissue production facility in Tver. Discontinued exports to Russia (Russia represented 1.4% of net sales) | ||
Alko HQ: FinlandBeverages Retail | March 1: Stopped selling 20 sorts of vodka | ||
Aspo HQ: FinlandConglomerate | April 19: Exited the Russian market through sale Russian subsidiary Telko | ||
Atria HQ: FinlandFood | March 7: Exiting the fast food business in Russia (1.5% of total net sales) | ||
Bang & Bonsomer HQ: FinlandTech | |||
Cargotec HQ: FinlandManufacturing | March 1: Stopped all sales to Russia. (Russia’s share of total sales was below 1% in 2021, 50 employees) | ||
Elisa Esports HQ: FinlandVideo games Media | March 2: Suspended Russian-owned organisations from participation in Elisa Esports tournaments | ||
Fazer HQ: FinlandFood | May 3: Sold its Russian subsidiary to Kolomenskij Bakery and Confectionery | ||
Finnlines HQ: FinlandTransportation | March 11: Suspended its regular services (4 ships) to and from Russia, all re-assigned to other intra-EU services | ||
Fiskars HQ: FinlandConsumer goods | March 7: Withdrew completely from the Russian market (70 employees) | ||
Fortum HQ: FinlandEnergy | July 13: Russia seized control of Fortum’s assets in Russia Listed on: Forbes Global 2000 | ||
Gasum HQ: FinlandEnergy | May 22: Terminated long term natural gas supply contract with Gazprom due to contractual disputes. Long term LNG supply contracts remain in place | ||
Hesburger HQ: FinlandFood | 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) | ||
Huhtamaki HQ: FinlandManufacturing Food | September 2: Sold its operations in Russia to Espetina Ltd (Operated a Fiber Packaging manufacturing facility in Ivanteevka) | ||
Hunajayhtymä Oy (Honey Group) HQ: FinlandFood | |||
Kemira HQ: FinlandIndustrial | May 6: Exited Russian market and closed local operations (3% of Kemira's revenue in 2021) | ||
Kesko HQ: FinlandConglomerate Retail | March 28: Discontinued purchases and export of food products to Russia Listed on: Forbes Global 2000 | ||
Kiilto HQ: FinlandChemicals | February 10: All Russian subsidiaries have been sold | ||
KONE HQ: FinlandServices | June 28: Leaving the Russian market after selling Russian operations to local management (650 employees) Listed on: Forbes Global 2000 | ||
Konecranes HQ: FinlandManufacturing Services | March 15: Plans to wind down operations after delivering final cranes to Russia | ||
Konecranes HQ: FinlandManufacturing Industrial | March 15: Plans to wind down operations after delivering final cranes to Russia | ||
Metsä Group HQ: FinlandIndustrial | March 3: Suspended production in the Swir sawmill, Russia. Wood procurement in Russia and imports to Metsä Group's mills discontinued | ||
Metso Outotec HQ: FinlandIndustrial | April 24: Completed the wind down process and discontinued business with Russia | ||
Neste Oyj HQ: FinlandEnergy | July 20: Completely replaced Russian crude oil with other sources Listed on: Forbes Global 2000 | ||
Nokia HQ: FinlandTelecom | April 12: Exiting Russian market Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune) World's Most Ethical Companies (Ethisphere) | ||
Nokian Tyres HQ: FinlandAutomotive | March 16: Sold its Russian operations to PJSC Tatneft | ||
Olvi HQ: FinlandBeverages | April 21: Stopped exports to Russia (€13.5 million) | ||
Orion HQ: FinlandMedical | |||
Paulig HQ: FinlandFood | May 5: Sold its Russian subsidiary Paulig Rus LLC to the private investor Mr Vikas Soi (coffee roastery in Tver, 200 employees) | ||
Ponsse HQ: FinlandIndustrial | July 7: Sold all shares in OOO Ponsse, its subsidiary that provided PONSSE services in Russia to OOO Bison | ||
Raute Corporation HQ: FinlandManufacturing | |||
Reima HQ: FinlandManufacturing Clothing | February 24: Subsidiary in Russia has been sold to a local operator | ||
Rovio HQ: FinlandVideo games | March 9: Removed all games from app stores in Russia and Belarus. In app purchases also disabled in these markets | ||
S-Group HQ: FinlandRetail | |||
SRV HQ: FinlandIndustrial | |||
Stora Enso HQ: FinlandIndustrial | May 16: Divested its packaging operations in Russia (3 packing plants, 2 sawmills, 1100 employees) Listed on: Forbes Global 2000 | ||
Supercell HQ: FinlandVideo games | March 22: Removed its games from app stores, halted new downloads and access for existing players | ||
Tietoevry HQ: FinlandTech | March 3: Exiting its operations in Russia (100 employees in Moscow and St. Petersburg, Tietoevry Russia accounts for approximately 0.4% of Group revenues) | ||
Tikkurila (PPG) HQ: FinlandIndustrial 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) | ||
UPM HQ: FinlandIndustrial | April 3: Sold all its business operations in Russia to Gungnir Wooden Products Trading Listed on: Forbes Global 2000 | ||
Valio HQ: FinlandFood | June 3: Started exit process. Ramping down operations, ceased exports to Russia | ||
VR Group HQ: FinlandTransportation | 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 | ||
Wärtsilä HQ: FinlandIndustrial | July 21: Completed exit from Russia by selling its Russian subsidiaries to local management | ||
YIT HQ: FinlandReal estate | April 1: Sold its operations in Russia to Etalon Group PLC |
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.
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