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 November 21, 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 | |
---|---|---|---|
Aalberts HQ: NetherlandsIndustrial Manufacturing | May 19: Continuing operations "on a lower level", postponed investments (Activities in Russia represent less than 1% of total revenue) | ||
Aegon HQ: NetherlandsFinance | 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 | ||
Airbus HQ: NetherlandsAircraft 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) | ||
AkzoNobel HQ: NetherlandsChemicals | November 14: Majority of the coatings business in Russia has been suspended due to sanctions, remaining is locally operated | ||
Elsevier HQ: NetherlandsMedical | March 4: Suspended all sales of products and services except for a few health products | ||
Exor HQ: NetherlandsConglomerate | |||
Fugro HQ: NetherlandsTech Services | March 8: Suspended its operations in Russia. | ||
G2A HQ: NetherlandsVideo games | April 24: G2A Marketplace is as of now unavailable to users from Russia | ||
Heineken HQ: NetherlandsBeverages | August 25: Exited Russian market by selling its Russia operations to Arnest Group Listed on: Forbes Global 2000 World's Most Admired Companies (Fortune) | ||
IMCD HQ: NetherlandsChemicals | April 29: Discontinued business in Russia, in process of winding down operations. (Offices and warehouse facilities in St. Petersburg and Moscow) | ||
ING NV HQ: NetherlandsFinance | March 2: No new business with Russian companies | ||
Ingka HQ: NetherlandsConglomerate Retail | February 17: Continues to operate 14 shopping centres. Reportedly searching for buyers for its real estate | ||
JDE Peet's HQ: NetherlandsBeverages | |||
KPMG HQ: NetherlandsConsulting Accounting Services | March 6: Russian/Belarusian firms will leave 'KPMG network' | ||
LyondellBasell HQ: NetherlandsIndustrial | 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) | ||
MVRDV HQ: NetherlandsArchitects | February 28: Halting work on five projects | ||
NXP Semiconductors HQ: NetherlandsTech Manufacturing | Suspended all shipments and business with customers in Russia Listed on: Forbes Global 2000 | ||
Philips HQ: NetherlandsConglomerate Medical | May 9: Continuing to supply medical equipment to Russian hospitals for humanitarian reasons (600 employees) Listed on: Forbes Global 2000 | ||
Rabobank HQ: NetherlandsFinance | February 25: Restricting support for transactions backing the flow of goods from Russia. | ||
Signify HQ: NetherlandsManufacturing | 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 | ||
Stellantis HQ: NetherlandsAutomotive | April 14: Suspended imports and exports of vehicles to/from Russia Listed on: Forbes Global 2000 | ||
Viterra HQ: NetherlandsIndustrial | |||
WeTransfer HQ: NetherlandsTech Internet | March 10: Suspended the use of all products and services in Russia. Halted all new sales | ||
Wolters Kluwer HQ: NetherlandsServices | August 1: Selling health products only. All other business in Russia discontinued. 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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