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 October 6, we are tracking 1217 companies, of which 886 are pulling out of Russia, and 331 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
886
Holdouts
331

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

AAK

HQ: Sweden
Food

March 3: Halted deliveries and sales in Russia (Russia makes up for some 3 percent of AAK’s volumes)

SOURCES

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Atlas Copco

HQ: Sweden
Industrial

March 3: Suspending operations, halting new orders and deliveries

Listed on: Forbes Global 2000

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Bonava

HQ: Sweden
Real Estate

March 3: Closed operations in Russia

SOURCES

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Bonava

HQ: Sweden
Real Estate

March 3: Closed its operations in St. Petersburg- 810 residential units in production (370 employees, net sales in St. Petersburg: SEK 745 million)

SOURCES

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Electrolux

HQ: Sweden
Manufacturing

March 22: Paused operations in Russia

Listed on: Forbes Global 2000

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Epiroc

HQ: Sweden
Industrial
Manufacturing

April 25: Paused deliveries to Russia on the 1st of March (533 employees, Russian revenues represented 6.1% of group revenues)

Listed on: Forbes Global 2000

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Ericsson

HQ: Sweden
Telecom

March 1: All deliveries to customers in Russia suspended.

Listed on: Forbes Global 2000

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Essity

HQ: Sweden
Consumer goods

April 22: Initiated plans to exit the Russian market

Listed on: Forbes Global 2000

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H&M

HQ: Sweden
Clothing
Retail

March 11: Temporarily pause all sales in Russia

Listed on: Forbes Global 2000

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IKEA

HQ: Sweden
Consumer goods
Retail

March 3: Closed 17 stores, suspended exports to/from Russia and production within Russia.

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Mannheimer Swartling

HQ: Sweden
Law

March 2: Suspended its operations in Russia. Not accepting any work for Russian clients at any office

SOURCES

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NCAB Group AB

HQ: Sweden
Electronics

February 28: Halted all deliveries of printed circuit boards to Russian customers

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Polaris Music Hub

HQ: Sweden
Media

March 21: Music rights organisations Teosto, Koda, TONO and STEF suspended the distribution of royalies to the Russian collective management organization

SOURCES

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Preem AB

HQ: Sweden
Energy

February 25: Paused all incoming orders of Russian crude oil pending sanctions

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Sandvik

HQ: Sweden
Industrial

February 28: Temporarily suspended operations in Russia

Listed on: Forbes Global 2000

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SCA

HQ: Sweden
Industrial

April 9: No statement regarding its Russian operations. Plant in Sovetsk, Russia

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Scania

HQ: Sweden
Industrial
Transportation

March 7: Has stopped deliveries of both trucks and parts to Russia

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SEB Group

HQ: Sweden
Finance

May 4: Started to scale down operations. Limited number of funds have holdings in Russia companies which are not covered by international sanctions. Based in Saint Petersburg, with a smaller presence in Moscow (around 80 employees, exposure: 0.2% of SEB’s total credit portfolio)

Listed on: Forbes Global 2000

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SKF

HQ: Sweden
Manufacturing

March 2: Ceased production in its factory in Russia, stopped exports to Russia

Listed on: Forbes Global 2000

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Spotify

HQ: Sweden
Media
Entertainment

March 2: Closed office in Russia indefinitely, stopped streaming in Russia over safety concerns associated with 'fake' news law

Listed on: Forbes Global 2000

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SSAB

HQ: Sweden
Industrial

March 3: Discontinued all shipments and sales to Russia

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Storytel

HQ: Sweden
Internet
Media

March 4: Pausing its operations in Russia until further notice

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Sweco

HQ: Sweden
Industrial
Consulting

March 3: Sweco does not have any employees working in Russia or Ukraine. Sweco has decided not to undertake new projects in Russia and is currently assessing and ensuring compliance with EU, US and UK sanctions.

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Systemair

HQ: Sweden
Industrial

March 4: Deliveries to Russia discontinued (4.5% of sales in Russia and Belarus)

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Systembolaget

HQ: Sweden
Beverages
Retail

February 28: Stopped selling Russian products, cancelled launches on new products

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Trelleborg Group

HQ: Sweden
Industrial

No statement regarding Russian operations. Production sites in Yesipovo and sales offices in Moscow

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Vattenfall

HQ: Sweden
Energy

March 10: Continues to source gas and coal from Russian sources, plans to reduce trade. Suspended planned deliveries of nuclear fuel from Russia.

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Volvo

HQ: Sweden
Automotive

February 28: Ceased delivery of any cars to Russian market

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

Rows

1–28 of 28

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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