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 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!

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
logo

Assicurazioni Generali

HQ: Italy
Finance

March 3: Winding down its Europ Assistance operations in Russia, Resigned board positions held on Ingosstrakh Insurance Co. and closing its Moscow representative office

logo

Bottega Veneta (Kering)

HQ: Italy
Clothing
Retail
Luxury

March 4: Closing stores in Russia

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

SOURCES

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Brioni (Kering)

HQ: Italy
Clothing
Retail
Luxury

March 4: Closed all stores

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

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Buzzi Unicem

HQ: Italy
Industrial

April 21: Company is found to be active hiring in 2022 despite press release detailing decision to cease any operational involvement in the activities carried out by SLK Cement

SOURCES

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Calzedonia

HQ: Italy
Retail
Clothing

April 8: No statement regarding Russian operations. 553 sales points in Russia

logo

Campari

HQ: Italy
Beverages

April 8: Stopped all investments in the Country including Advertising & Promotions and reduced the business to the bare minimum (122 employees)

logo

De Cecco

HQ: Italy
Food

No statement regarding Russian operations. Its subsidiary Extra M JSC operates in Russia

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Delonghi

HQ: Italy
Manufacturing

March 10: Continues to sell in Russia (4.9% of revenue generated in Russia and Ukraine)

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Enel

HQ: Italy
Energy

October 12: Finalised the sale of its subsidiary PJSCEnel Russia to PJSC Lukoil (1% gross operating profit)

Listed on: Forbes Global 2000

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Eni

HQ: Italy
Energy

March 9: Marginal presence in Russia. Existing Joint Ventures with Rosneft, linked to exploration licenses in the Arctic area, have already been frozen for years. intends selling its share in the joint and equal shareholding with Gazprom in the Blue Stream gas pipeline

Listed on: Forbes Global 2000

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Ferragamo

HQ: Italy
Clothing
Luxury

March 3: Suspended all shipments in to Russia

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Ferrari

HQ: Italy
Automotive
Luxury

March 8: Suspended production for Russian market

Listed on: Forbes Global 2000

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Ferrero

HQ: Italy
Food

March 12: Continues to export products to Russia. Suspended non-essential activities and development plans in Russia (Operates a plant in Vladimir Region and Office in Moscow)

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Geox

HQ: Italy
Retail
Clothing

May 13: Directly operated stores remain open. Suspended new direct investments in Russia, including marketing and communications (

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Gucci (Kering)

HQ: Italy
Clothing
Retail
Luxury

March 4: Closing stores in Russia

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

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IFSC

HQ: Italy
Sports

June 12: Approved to start a process for the reinstatement of athletes holding Russian or Belarusian passports as neutral athletes starting from 2024. Previously suspended representatives of the Russian member federation part of the IFSC commissions and working groups

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Intesa Sao Paulo

HQ: Italy
Finance

August 10: Agreement on transfering ownership of Russian business to local management is reportedly close

Listed on: Forbes Global 2000

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Iveco

HQ: Italy
Industrial
Transportation

July 28: Pulled out of Russian joint venture IVECO AMT. Halted deliveries to Russia

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Leonardo

HQ: Italy
Aerospace

March 21: Halted all activities in Russia- stopped all joint projects with Russian defence companies

Listed on: Forbes Global 2000

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Maire Tecnimont

HQ: Italy
Industrial
Energy

May 12: Suspending all operations in Russia by June 2022. Managing the backlog of existing projects in Russia. Has stopped commercial activities in Moscow

SOURCES

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MARR (Cremonini Group)

HQ: Italy
Food
Logistics

No statement regarding Russian operations. Distributes and manufactures semi-finished meat products (7 logistics complexes)

SOURCES

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Menarini Group

HQ: Italy
Medical

No statement regarding Russian operations. 2 regional offices in Moscow and manufacturing plant in Kaluga

SOURCES

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Moncler

HQ: Italy
Clothing
Retail
Luxury

March 4: Suspending retail operations in Russia

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Pirelli Tyre

HQ: Italy
Automotive
Tires

March 9: Winding down production at Kirov and Voronezh factories, halted new investments in the country (7M tires/yr and 2,500 employees)

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Prada

HQ: Italy
Clothing
Retail
Luxury

March 17: Suspended its retail operations in Russia

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Rai

HQ: Italy
Media

March 5: Suspending operations in Russia

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Saipem

HQ: Italy
Energy

August 8: In talks to end two contracts related to Russia’s $21-billion Arctic LNG 2 project

SOURCES

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Unicredit

HQ: Italy
Finance

March 15: Still operating in Russia despite, "urgent" review to pull out of Russia. (€7.8bn in Russian consumer loands and net cross-border exposure to companies of €4.5bn)

Listed on: Forbes Global 2000

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YOOX Net-A-Porter Group

HQ: Italy
Clothing
Retail

March 3: Suspended commercial activities in Russia

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Zegna Group

HQ: Italy
Clothing
Luxury

Indefinitely suspended deliveries to Russian franchisees and distributors. Ceased production of products for the Fall/Winter 2022 collection ordered by Russian franchisees and distributors (The Russian market represented 1.5% of group revenues in 2021)

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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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