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 3, 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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Arla Foods

HQ: Denmark
Food

May 18: Exited Russian market through sale of operations (70 employees)

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Bang & Olufsen

HQ: Denmark
Electronics
Manufacturing

April 16: Stopped all sales and shipments

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Bestseller

HQ: Denmark
Retail
Clothing

March 10: Stopped all sales in Russia

SOURCES

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Carlsberg

HQ: Denmark
Beverages

June 23: Exited Russian market, selling its operation (8400 employees)

Listed on: Forbes Global 2000

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CHR Hansen

HQ: Denmark
Manufacturing

March 11: Discontinuing supply of products not relating to basic food and human health, all profit from our continued operations in Russia will be donated

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Danfoss

HQ: Denmark
Manufacturing

July 15: Exited Russian operations through sale to local management

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Demant

HQ: Denmark
Medical

March 2: Suspended all trade with Russia (4 employees still present in Russia)

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DSV A/S

HQ: Denmark
Transportation
Logistics

March 3: Shipments to Russia and Belarus suspended except for medical and humanitarian supplies.

Listed on: Forbes Global 2000

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Ecco

HQ: Denmark
Retail

March 1: Continues to operate in Russia through exports to EKKO-ROS LLC. Halted new investments (1800 employees)

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FLSmidth

HQ: Denmark
Industrial

May 5: Winding down Russian operations

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Grundfos

HQ: Denmark
Manufacturing
Industrial

January 5: Copletely withdrew as local management is set to tak over operations in Russia

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Hempel

HQ: Denmark
Industrial

July 13: Exited Russian market by selling its Russian subsidiary to Atomstroykomplex. Ceased production in Ulyanovsk (124 employees)

SOURCES

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ICES

HQ: Denmark
Association

March 30: Temporary suspended Russian participation in ICES activities

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ISS

HQ: Denmark
Services

April 8: ISS will not do business with sanctioned entities and will take immediate action to terminate any business relationship with a sanctioned entity, has divested all activities in Russia.

SOURCES

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JYSK

HQ: Denmark
Consumer goods
Retail

March 30: Temporarily closed all 13 stores in Russia

SOURCES

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Lego

HQ: Denmark
Retail

May 12: Paused shipments of products to Russia

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Maersk

HQ: Denmark
Transportation
Logistics

February 20: Divested its logistics sites in St. Petersburg and Novorossiysk to IG Finance Development Limited

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

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Novo Nordisk

HQ: Denmark
Medical

March 1: Russian factory continues to operate. Suspended new investments in Russia and Ukraine.

Listed on: Forbes Global 2000

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Orsted

HQ: Denmark
Energy

April 4: Ongoing contract with Gazprom for gas supplies. Ceased all sourcing of biomass and coal from Russia. Will not enter into new contracts with Russian companies

Listed on: Forbes Global 2000

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Pandora

HQ: Denmark
Consumer goods

March 30: Suspended all business with Russia, ceased purchases of diamonds of Russian origin

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Rockwool

HQ: Denmark
Industrial

March 1: Stopped any import or export of stone wool products to or from Russia following. Continuing to operate (4 factories and 1,200 employees)

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Scandinavian Tobacco

HQ: Denmark
Consumer goods

March 8: Halted operations in Russia on March 1

SOURCES

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Torm

HQ: Denmark
Energy
Logistics

March 2: Indefinitely halted Russian business, will not enter new contracts involving Russian ports or customers

SOURCES

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Velux

HQ: Denmark
Manufacturing
Industrial

March 31: Permanently closed its operations in Russia (72 employees in sales offices in Russia and Belarus)

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Vestas

HQ: Denmark
Energy

April 6: Withdrawing from Russia. Halted its four wind farm projects

Listed on: Forbes Global 2000

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Welltec

HQ: Denmark
Energy
Tech

Will continue operations with its Russian subsidiary, Welltec Oilfield Services (RUS), in complience of sanctions. Suspended new investments into Russia (Russia accounted for 9% of total revenue, 72 employees)

SOURCES

Rows

1–26 of 26

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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