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 April 23, 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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Aalberts

HQ: Netherlands
Industrial
Manufacturing

May 19: Continuing operations "on a lower level", postponed investments (Activities in Russia represent less than 1% of total revenue)

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Aegon

HQ: Netherlands
Finance

November 30: Will not make future investments in Russia, will look at options to reduce its existing investment exposure (Two minor investment positions left, representing EUR 660,000)

Listed on: Forbes Global 2000

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Airbus

HQ: Netherlands
Aircraft
Aerospace

March 7: Continues titanium purchases from Russia. Suspended supply of parts and deliveries/servicing

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

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AkzoNobel

HQ: Netherlands
Chemicals

November 14: Majority of the coatings business in Russia has been suspended due to sanctions, remaining is locally operated

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Elsevier

HQ: Netherlands
Medical

March 4: Suspended all sales of products and services except for a few health products

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Exor

HQ: Netherlands
Conglomerate

March 16: Increased stake in mobile network operator Veon to 5.08% (Veon gets 30% of its revenue from Russia)

SOURCES

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Fugro

HQ: Netherlands
Tech
Services

March 8: Suspended its operations in Russia.

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G2A

HQ: Netherlands
Video games

April 24: G2A Marketplace is as of now unavailable to users from Russia

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Heineken

HQ: Netherlands
Beverages

August 25: Exited Russian market by selling its Russia operations to Arnest Group

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

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IMCD

HQ: Netherlands
Chemicals

April 29: Discontinued business in Russia, in process of winding down operations. (Offices and warehouse facilities in St. Petersburg and Moscow)

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ING NV

HQ: Netherlands
Finance

March 2: No new business with Russian companies

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Ingka

HQ: Netherlands
Conglomerate
Retail

February 17: Continues to operate 14 shopping centres. Reportedly searching for buyers for its real estate

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JDE Peet's

HQ: Netherlands
Beverages

August 2: Will stop selling foreign brands of coffee and tea in Russia before the end of the year. Local operations are set to continue. Operates a instant coffee manufacturing facilities near St. Petersburg

Listed on: Forbes Global 2000

SOURCES

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KPMG

HQ: Netherlands
Consulting
Accounting
Services

March 6: Russian/Belarusian firms will leave 'KPMG network'

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LyondellBasell

HQ: Netherlands
Industrial

May 3: Ceased operations at two office locations in Russia (in Moscow and Togliatti, 18 employees)

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

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MVRDV

HQ: Netherlands
Architects

February 28: Halting work on five projects

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NXP Semiconductors

HQ: Netherlands
Tech
Manufacturing

Suspended all shipments and business with customers in Russia

Listed on: Forbes Global 2000

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Philips

HQ: Netherlands
Conglomerate
Medical

May 9: Continuing to supply medical equipment to Russian hospitals for humanitarian reasons (600 employees)

Listed on: Forbes Global 2000

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Rabobank

HQ: Netherlands
Finance

February 25: Restricting support for transactions backing the flow of goods from Russia.

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Signify

HQ: Netherlands
Manufacturing

April 19: Continues to operate in Russia. Monitoring the situation as it relates to employees and customers in Russia and reviewing the implications of the sanctions

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Stellantis

HQ: Netherlands
Automotive

April 14: Suspended imports and exports of vehicles to/from Russia

Listed on: Forbes Global 2000

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Viterra

HQ: Netherlands
Industrial

March 30: Discontinued its origination and export programmes out of Russia. Assessing options to transfer business in Russia to new owners (700 employees, field offices in Krasnodar, Stavropol, Rostov, Voronezh and Saratov)

SOURCES

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WeTransfer

HQ: Netherlands
Tech
Internet

March 10: Suspended the use of all products and services in Russia. Halted all new sales

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Wolters Kluwer

HQ: Netherlands
Services

August 1: Selling health products only. All other business in Russia discontinued.

Listed on: Forbes Global 2000

Rows

1–24 of 24

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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