Coalition
for
Ukraine
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 November 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
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| Company | Headquarters | Action | |
|---|---|---|---|
 | Assicurazioni Generali HQ: ItalyFinance | March 3: Winding down its Europ Assistance operations in Russia, Resigned board positions held on Ingosstrakh Insurance Co. and closing its Moscow representative office | |
 | Bottega Veneta (Kering) HQ: ItalyClothing Retail Luxury | ||
 | Brioni (Kering) HQ: ItalyClothing Retail Luxury | March 4: Closed all stores Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune) | |
 | Buzzi Unicem HQ: ItalyIndustrial | ||
 | Calzedonia HQ: ItalyRetail Clothing | April 8: No statement regarding Russian operations. 553 sales points in Russia | |
 | Campari HQ: ItalyBeverages | April 8: Stopped all investments in the Country including Advertising & Promotions and reduced the business to the bare minimum (122 employees) | |
 | De Cecco HQ: ItalyFood | No statement regarding Russian operations. Its subsidiary Extra M JSC operates in Russia | |
 | Delonghi HQ: ItalyManufacturing | March 10: Continues to sell in Russia (4.9% of revenue generated in Russia and Ukraine) | |
 | Enel HQ: ItalyEnergy | October 12: Finalised the sale of its subsidiary PJSCEnel Russia to PJSC Lukoil (1% gross operating profit) Listed on: Forbes Global 2000 | |
 | Eni HQ: ItalyEnergy | 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 | |
 | Ferragamo HQ: ItalyClothing Luxury | March 3: Suspended all shipments in to Russia | |
 | Ferrari HQ: ItalyAutomotive Luxury | ||
 | Ferrero HQ: ItalyFood | 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) | |
 | Geox HQ: ItalyRetail Clothing | May 13: Directly operated stores remain open. Suspended new direct investments in Russia, including marketing and communications ( | |
 | Gucci (Kering) HQ: ItalyClothing Retail Luxury | March 4: Closing stores in Russia Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune) | |
 | IFSC HQ: ItalySports | 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 | |
 | Intesa Sao Paulo HQ: ItalyFinance | August 10: Agreement on transfering ownership of Russian business to local management is reportedly close Listed on: Forbes Global 2000 | |
 | Iveco HQ: ItalyIndustrial Transportation | July 28: Pulled out of Russian joint venture IVECO AMT. Halted deliveries to Russia | |
 | Leonardo HQ: ItalyAerospace | March 21: Halted all activities in Russia- stopped all joint projects with Russian defence companies Listed on: Forbes Global 2000 | |
 | Maire Tecnimont HQ: ItalyIndustrial Energy | ||
 | MARR (Cremonini Group) HQ: ItalyFood Logistics | ||
 | Menarini Group HQ: ItalyMedical | ||
 | Moncler HQ: ItalyClothing Retail Luxury | March 4: Suspending retail operations in Russia | |
 | Pirelli Tyre HQ: ItalyAutomotive Tires | March 9: Winding down production at Kirov and Voronezh factories, halted new investments in the country (7M tires/yr and 2,500 employees) | |
 | Prada HQ: ItalyClothing Retail Luxury | March 17: Suspended its retail operations in Russia | |
 | Rai HQ: ItalyMedia | March 5: Suspending operations in Russia | |
 | Saipem HQ: ItalyEnergy | ||
 | Unicredit HQ: ItalyFinance | 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 | |
 | YOOX Net-A-Porter Group HQ: ItalyClothing Retail | March 3: Suspended commercial activities in Russia | |
 | Zegna Group HQ: ItalyClothing 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) |
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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