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 | |
---|---|---|---|
Amadeus IT Group HQ: SpainTravel | March 21: Suspend Aeroflot fares from its distribution platforms, AeroFlot. Stopped all commercial projects in Russia. Listed on: Forbes Global 2000 | ||
AmRest HQ: SpainFood | May 15: Exiting entirely following sale of its brands in Russia | ||
Anecoop HQ: SpainFood | |||
Balenciaga (Kering) HQ: SpainClothing Retail Luxury | March 4: Closing stores in Russia Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune) | ||
Banco Santander SA HQ: SpainFinance | March 7: Santander has a negligible to Russia. Will not engage in any new business with Russian companies Listed on: Forbes Global 2000 | ||
Bershka (Inditex) HQ: SpainClothing Retail | April 5: Exiting Russian market after securing permission to sell Russian Business Listed on: Forbes Global 2000 | ||
Borges International HQ: SpainFood | No statement regarding Russian operations. Operates in Russia through its ITLV brand. Office in St. Petersburg | ||
Cie Automotive HQ: SpainAutomotive Manufacturing | |||
eDreams Odigeo HQ: SpainTravel Internet | March 14: Ceased operations in Russia and Belarus | ||
Fluidra HQ: SpainIndustrial | |||
Gestamp HQ: SpainAutomotive Manufacturing | March 7: Stopped production at its four plants in Russia (Russia represents 1.3% of total revenues) | ||
Grupo Antolín HQ: SpainIndustrial | April 6: Suspended their activities in Russia (Plants in Nizhny Novgorod and St. Petersberg, Russia sales represent less than 1% of its business) | ||
Grupo Fuertes HQ: SpainIndustrial Food | |||
Iberia HQ: SpainTravel | |||
Lladró HQ: SpainManufacturing | April 6: Ceased deliveries of products to the Russian market. (Franchises owned entirely by third parties continue to sell in the Russian market) | ||
Mango HQ: SpainClothing Retail | June 20: Continues to sell stock to Russian franchises. Suspended direct sales in the country (110 stores, 800 employees) | ||
Maxam HQ: SpainManufacturing | April 8: Russian subsidiary that produces fertilizers operates as usual | ||
Oysho (Inditex) HQ: SpainClothing Retail | April 5: Exiting Russian market after securing permission to sell Russian Business | ||
Pull & Bear (Inditex) HQ: SpainClothing Retail | April 5: Exiting Russian market after securing permission to sell Russian Business Listed on: Forbes Global 2000 | ||
Repsol HQ: SpainEnergy | March 29: Stopped buying Russian crude oil in the spot market. Listed on: Forbes Global 2000 | ||
Roca HQ: SpainManufacturing | |||
Tendam HQ: SpainRetail Clothing | April 25: Handed Russian shops to Belarusian company. Previously suspended its operations in Russia (around 400 employees) | ||
Tous HQ: SpainRetail | March 6: Closed its shops in Russia as well as its online store | ||
Zara (Inditex) HQ: SpainClothing Retail | April 5: Exiting Russian market after securing permission to sell Russian Business Listed on: Forbes Global 2000 |
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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