Category: Ukraine War

The Courier

Ukraine citizens die at the hands of Russian military

Dan Tackett, Lincoln Courier – April 16, 2022

Dan Tackett is a retired managing editor of The Courier. 

We, the people who live within the borders of the United States, have it made. Whether you are a Democrat or Republican, Black, Caucasian or “other,” rich, poor or in between, our lives are pretty decent. Christian, Muslim, Jew, agnostic, atheist, whatever your beliefs or non-beliefs are, you at least can find peace in our great land.

Travel the globe and you might not find that to be the case elsewhere. I’m referring specifically to Ukraine. The country is being ravaged by a bloody war waged by a power-hungry madman.

A month ago, Ukrainians had good homes, schools, hospitals, farm fields and sea ports. People there had quiet, peaceful nights of sleep, climbed out of beds in the morning and headed off to schools or jobs in offices, factories, farms and shipping terminals. They returned home daily to spend good and happy times with families and loved ones. Lives being led there were not that different than those lived across the ocean in America.

That was then. Now, the world watches as the 24-hour news cycles describe on a daily basis how common life in Ukraine has turned into a bloodbath for its citizens. We expect soldiers to lose their lives in battles, but who among the civilized people of the world expects mothers, children, babies, the elderly and the defenseless to perish at the hands of an unflinching enemy? These aren’t isolated incidents involving the deaths of a few. Thousands have died at the hands of the Russian military.

It’s chilling to watch. People with hands bound and their bodies riddled with bullets as they lay dead on the streets. Large apartment and office buildings blown to bits. Entire cities reduced to rubble. Bomb craters pocking the once orderly landscape.

This isn’t Adolph Hitler’s Europe, but it resembles everything us Boomers have learned about those dark days of history. This is Russian leader Vladimir Putin’s doing, the vile, unspeakable acts carried out in the blink of an eye with no respect whatsoever for human life. So, this is war. It’s something our generation has never before witnessed.

Back in the good old U.S.A., we are preparing to celebrate and observe one of the most sacred of Christian holidays. Many Americans will don their finest Sunday garb and head to Easter services at the church of their choice. Lots of us will plop down at the dining table with families for a traditional holiday feast. We will linger after our meals and enjoy the peace and quiet and revel in the love of our families. No artillery shells or bombs will be exploding in our front yards.

Come Easter Sunday, will we even have thoughts during our peaceful celebrations about the hellish environment Russia has brought on Ukraine? About the deep miseries Ukrainians are experiencing over the loss of their homes and loved ones?

My Easter wishes for you, dear readers, is this: Do enjoy this blessed day and share your blessings with those you love. Love, after all, is a precious thing. But keep Ukraine and Ukrainians in your hearts and on your mind. They are fighting for a way of life that we Americans enjoy and too often take for granted. No, ours is not a perfect way of life. We have many scars and sore points that always seem to need attention. Sometimes attention is given; at other times, flames surrounding our divisive issues are only fanned.

If you are one who believes in prayer, say one for our fellow human beings in Ukraine.

And, a blessed and happy Easter to you all.

I’M NOT DISAPPEARING

This past week, I’ve received a couple of notes from readers who are upset that after April 30, The Courier will no longer print and distribute copies of its Saturday editions. Beyond that date, the Saturday newspaper won’t be a paper at all; it will only be available in digital, online form at lincolncourier.com.

The letter writers are aware of that change, but they have a problem: They don’t have computers or cell phones with Internet access. Specifically, they voiced concerns about their inability to read my column each week. I’m quite flattered.

I started writing columns for The Courier’s Saturday editions in 2012, after I had left the newspaper’s news staff after nearly 45 years, first as a wet-behind-the-ears cub reporter and at the tail end, as The Courier’s managing editor. Somewhere along those four and a half decades, my red blood had morphed into the midnight black of newspaper ink.

I was encouraged to write a weekly column by a Gatehouse executive who was involved with my departure from the staff. “It will be a way to stay connected with your readers,” he told me. The exec dangled a carrot – a slim carrot, mind you – of paying a few bucks for each column I produced. Carrots aside, I didn’t take him up on the offer.

I never wrote a single word for the newspaper until December 2012, when I received a phone call from Nathan Woodside, who I had hired as a reporter before my departure. He mentioned the death of longtime Lincoln Alderman Orville “Buzz” Busby. I had covered Lincoln City Council meetings for almost 40 years and had come to know and respect Busby for his outspoken ways during those meetings.

“We really need to publish an editorial or column about this guy, and nobody on staff really had any dealings with him,” Woodside said. “Nobody on staff knew him, not like you did.” He asked if I would do the honors. Yes, I replied, and what an honor it was. I truly thought Busby was one of the best aldermen during my tenure of covering city government. On Saturday, Dec. 15, 2012, The Courier published the column I wrote about Busby and, since then, I’ve never stopped writing.

To address the concerns of those wonderful letter-writers, fear not! I’m not hanging up my pen, and I’m not turning into Digital Dan. Beginning May 4, my column will start appearing in the Wednesday print editions of The Courier. So, to those worried gals who sent me those notes, don’t do anything foolish such as buying a home computer or cell phone.

Business Insider

Ukraine’s biggest steelmaker vows to never work under Russian occupation

Sam Tabahriti – April 16, 2022

• Metinvest, Ukraine’s leading steelmaker, vows that it will never work under Russian occupation.
• The company is controlled by Rinat Akhmetov – the country’s richest man.
• It said in a statement seen by Reuters that a third of production capacity was out of action.

Ukraine’s biggest steelmaker Metinvest vowed on Friday that it will never work under Russian occupation.

Reuters reported the news, citing a company statement, which was sent to the agency:

“We believe in the victory of Ukraine and plan to resume production after the end of hostilities. Metinvest’s metallurgical enterprises will never operate under Russian occupation,” the statement said.

Per Reuters, the company also said that more than a third of Ukraine’s metallurgy production capacity was out of service due to the siege of Mariupol.

“The country has therefore lost 30-40% of its metallurgical production capacity since the plants are not working. We have no doubt that their work will be resumed, but for this Mariupol must remain Ukrainian,” the statement added, according to Reuters.

Metinvest is Ukraine’s leading steelmaker, according to data published by Statista in September 2021. The company is controlled by Rinat Akhmetov, the country’s richest man, who has a net worth of $3.9 billion according to Forbes.

The company added that it had no way of gauging damages at present, due to the fighting taking place.

In a previous statement, which was released on their website Tuesday, the company said: “Assets in Avdiivka and Mariupol have reportedly sustained further damage from hostilities in the cities where they are located.”

It added: “Until the active stage of the Russian military aggression is stopped and reliable communications channels with the plants are re-established, it is not possible to assess its impact on the Group’s plants.”

Metinvest did not immediately respond to Insider’s request for comment made outside of normal working hours.

A week before the war broke out, the company had planned to invest $1.2 billion in Ukraine in the modernization of its enterprises and sought to raise its workers’ salaries from March 1.

In a previous report, Reuters said Metinvest produced about 40 million tonnes of iron ore a year and that Ukraine is among Europe’s top suppliers.

Insider reported that Ukraine said between 2,500 to 3,000 of its troops have been killed, compared with Russia’s 19,000.

NBC News

Russia faces pressure to turn the tide in Ukraine in time for country’s Victory Day

Henry Austin – April 16, 2022

Russia’s annual Victory Day, celebrated on May 9, arrives this year with the shadow of war in Ukraine looming over it.

The holiday commemorates Russia’s World War II triumph with a patriotic display of raw military power: Troops parade through Moscow’s Red Square alongside military hardware including intercontinental ballistic missile launchers. President Vladimir Putin has stood at the center of celebrations since 1999, either as president or prime minister, and has been joined by Soviet war veterans.

But as this year’s parade approaches, the military pomp and pageantry will contrast starkly with the hard-fought battles and setbacks the Russian military is reportedly experiencing in Ukraine — leaving some experts wondering how Putin will be able to present Russia’s stalled invasion as a success on Victory Day.

Why is it so important?

Although Nazi Germany ended all its military operations at 23:01 Central European Time (5:01 p.m. ET) on May 8, 1945, Russia celebrated victory on May 9 because the change in time zone meant it came early that morning for them. Other former Soviet nations and some Eastern European nations do likewise.

For the former Soviet Union, the victory parade that followed was “very important because it gave it the status of world power, so they were celebrating that glory,” said Thornike Gordadze, a senior fellow at the International Institute for Strategic Studies, a think tank based in London.

After the collapse of the Soviet Union in 1991 and the subsequent economic hardship in Russia, Putin took office and tried to make the defeat of Nazism the country’s “founding myth to cement the population together and create a Russian identity,” Gordadze said.

Writing in 2015 about his personal experiences of the war, Putin said his infant brother Viktor was killed and his parents were seriously injured during the siege of Leningrad, which lasted from 1941 to 1944 in the city now known as St. Petersburg.

Putin now uses his annual speech at the parade to “talk about contemporary security issues,” said Ben Soodavar, a political scientist in the war studies department at King’s College London. “It speaks to Russia’s purpose in world politics.”

For Putin, he said, it was a way of communicating to the Russian people that “he is the person to lead this country through adversity, as was the case in 1945 when Russia overcame Nazism.”

What will Putin do?

On Victory Day itself, Putin “can’t line up his soldiers and say they’re winning,” Soodavar said. “They have lost thousands.”

But he added that it would be “very easy” for Putin to lie in his speech because the chances of dissent are small.

Members of Russia’s armed forces “may disagree with their leaders but they don’t do it publicly,” Soodavar he said. “It’s not just fear of retribution, it’s also a fear of being accused of disloyalty. It’s to do with keeping Russia’s pride intact.”

Will Victory Day affect the campaign in Ukraine?

The Russian military is facing pressure to deliver results in time for Putin’s Victory Day speech “because there are serious implications surrounding the key word ‘victory,’” Soodavar said.

The tactical retreat by Russian forces from the areas surrounding Ukraine’s capital, Kyiv, and the northern city of Chernihiv in early April make it “look like they’re defeated, like they couldn’t take over the key strategic objective that they were looking for,” he said.

As a result Putin “will need to sell this shambolic military campaign in some way,” Soodavar said, adding that the most immediate way to do this would be to take firm control of Ukraine’s Donbas region and other parts of the country’s east.

“What that will mean is more bombing, a much more prolific bombing campaign,” Soodavar said, adding that the besieged southern city of Mariupol and Kharkiv in Ukraine’s northeast would likely be subjected to sustained attacks again.

However, he cautioned that Ukraine’s “best fighters are stationed there,” and have been fighting Moscow-backed separatist forces since 2014 when Russia threw its weight behind an insurgency in the Donetsk and Luhansk regions after annexing Ukraine’s Crimean Peninsula.

“They have been fighting on the front line for the last eight years. They are battle hardened, they know who their adversary is, they’re entrenched and they’re only emboldened by the Russian retreat from Kyiv,” he added.

This, he said, raised questions about whether Putin would be able to truly project the powerful image he has presented on Victory Day.

What about other Eastern European countries where Victory Day is celebrated?

In some former Soviet republics where Victory Day is also held on May 9, “they will do everything to celebrate but keep it away from Russian success,” Gordadze said. That’s also true of countries with large Russian-speaking populations like Estonia, Latvia and Moldova, he added.

So “it is unlikely we will see Russian flags,” but people will mark the occasion and commemorate the dead, he said.

It will also be a big day in Ukraine and for President Volodymyr Zelenskyy, he said.

“Some Ukrainians believed when Zelenskky was elected that he was a pro-Russian candidate,” Gordadze said. “Now they don’t think so, because he’s the guy who represents the whole of Ukrainian society, including Russian speakers.”

The Hill

Russia pushes Finland, Sweden into NATO’s arms

Rebecca Beitsch – April 16, 2022

Finland and Sweden appear to be edging closer to joining NATO, a move that leaders and experts see as the best way to confront Russia as it escalates its rhetoric on nuclear weapons.

The conflict in Ukraine has forced the two Nordic nations to reconsider their absence from the alliance forged after World War II, which commits members to defending one another if attacked.

“Mr. Putin is proving NATO relevant and necessary,” said Sean Monaghan, a visiting fellow with the Center for Strategic and International Studies, referring to Russian President Vladimir Putin. “If NATO didn’t exist, you’d have to invent it.”

“Finland in particular but also Sweden are very stoic on these matters and see Russia with clear eyes. And that’s why I think ultimately they will join NATO because they’ve seen Russia’s revisionist threat has been building. And now it has boiled over with the invasion of Ukraine, and there’s kind of no way back, and the best way for them to secure themselves against the threat posed by Russia is to join NATO.”

As politicians and poll results in the two countries have reversed course on the prospect — favoring joining NATO after decades of abstaining — Moscow has renewed its threat of using nuclear weapons.

Dmitry Medvedev, the deputy chairman of Russia’s Security Council and former president of Russia, wrote in a Telegram post on Thursday that “there can be no talk of non-nuclear status for the Baltic” if Finland and Sweden join NATO, adding that “the balance must be restored.”

He said that should Finland and Sweden become part of the alliance, Moscow would need to “seriously strengthen the grouping of land forces and air defense, deploy significant naval forces in the waters of the Gulf of Finland.”

It’s a particularly concerning threat to Finland, which shares an 800-mile border with Russia.

Finnish Minister for European Affairs Tytti Tuppurainen said Friday that it is “highly likely” her country will join NATO, calling Russia’s “brutal” war in Ukraine a “wake-up call to us all.”

That eagerness could also put more pressure on Sweden, which would be left as the only Nordic country outside the alliance and which would break its longstanding practice of neutrality by joining.

“The fact that these countries were not on track to join NATO three months ago and now they are is definitely a response to Russian aggression. Russia should realize its aggression against Ukraine has spooked a lot of countries, even to the point that a country like Sweden, which has a 200-year history of nonalignment, is now looking at actually joining NATO,” said Kurt Volker, a former U.S. ambassador to NATO who also served as a special envoy on Ukraine.

“Finlandization was coined as a word to describe the Soviet Union’s insistence that Finland not exercise its own choices on security. Now they’re going to do it anyway. So in that sense, these are definitely responses to Russian aggression, and it’s probably good for Russia to realize that,” he added.

NATO expansionists are hopeful the two countries will formally signal their intention before NATO’s June meeting in Madrid, where members could sign an accession protocol that would also need to be individually approved by each country’s legislative body.

Experts say they are likely to be welcomed into the alliance.

“They have advanced, modern militaries and are seen as security providers versus security consumers,” Monaghan said.

But beyond the practical defense implications, the move would also send a significant message.

“This takes place within the context of what President Biden has called the contest between autocracies and democracies. So certainly membership would project an image of Western solidarity, transatlantic solidarity and I think would be an injection of democratic values into NATO, so that would be visible to Russia as well,” said Gene Germanovich, an international defense researcher with the Rand Corporation.

Once newcomers are invited by NATO members, each of the 30 member countries would have to go through their own process for approving the treaty, a task that can last years but one that experts are hoping with proper motivation could take as little as a few months.

Volker said he was hopeful Sweden would complete its own internal decision-making prior to the June summit.

“NATO summit leaders … want to be able to make this decision once and then they want to close any gray zone between going to be a member of NATO but not yet a member of NATO and ultimately becoming a member of NATO — they want to close that gap as quickly as possible,” he said.

But there are a few potential sticking points.

Leo Michel, a former director for NATO policy at the Department of Defense, said Hungary is the international player most likely to slow walk the ratification, while any opposing word from former President Trump, a frequent NATO critic, could complicate getting consensus in the U.S. Senate, where a two-thirds vote for approval is needed.

“Given the closeness of Viktor Orban in Hungary to Putin, I could imagine at least that Hungary might be slow to ratify,” said Michel, now a fellow with the Atlantic Council.

“Given the way Trump treated NATO … I’m a little bit nervous that they will get all of the necessary Republican votes. Maybe they will in the end … [but] I actually don’t think it will be easy,” he said.

“If he finds this something else to attack the administration on, there may be some people who listen to that and don’t want to go crossways with him,” he added.

It’s not clear how Russia might respond to a NATO expansion, though experts view ground action as unlikely.

“If you look at Russia’s current predicament, from a conventional forces perspective they’re very occupied needless to say in Ukraine, so it would be difficult to redirect substantial forces to the North,” Germanovich said.

But Russia would seek to punish alliance members via other means such as disinformation campaigns and cyberattacks as well as potentially acting on its nuclear threats.

“Given the potential desperation of President Putin and the Russian leadership, given the setbacks that they’ve faced so far militarily, none of us can take lightly the threat posed by a potential resort to tactical nuclear weapons or low-yield nuclear weapons,” CIA Director William Burns said in a speech Thursday.

“While we’ve seen some rhetorical posturing on the part of the Kremlin about moving to higher nuclear alert levels, so far we haven’t seen a lot of practical evidence of the kind of deployments or military dispositions that would reinforce that concern,” Burns said. “But we watch for that very intently, it’s one of our most important responsibilities at CIA.”

Joining NATO would show Finland and Sweden do take Russia seriously, even as they buck any pressure from Putin.

“Presumably Mr. Putin will be unhappy with Finland and Sweden joining NATO. One of the purported reasons for going into Ukraine was to prevent Ukraine from joining NATO, so if Finland and Sweden do join, he’ll have only have himself to blame,” Monaghan said.

“And there will be quite some kind of poetic justice, as it were, if NATO could prove the open-door policy that Putin wanted to slam shut,” he added.

The New York Times

How Russia Media Uses Fox News to Make Its Case

Stuart A. Thompson – April 16, 2022

As Western leaders introduced sanctions against Russia for the invasion of Ukraine, Fox News host Tucker Carlson said seizing personal property from Russian oligarchs went too far.

“No American government had ever done anything like that before,” he said.

While the segment was aimed at Fox News’ conservative audience, it found another audience in Russia. The argument was parroted beat by beat by RIA Novosti, a Russian state news agency, which wrote that “the average U.S. citizen is simply horrified by what is happening.”

The narratives advanced by the Kremlin and by parts of conservative U.S. media have converged in recent months, reinforcing and feeding each other. Along the way, Russian media has increasingly seized on Fox News’ prime-time segments, its opinion pieces and even the network’s active online comments section — all of which often find fault with the Biden administration — to paint a critical portrait of the United States and depict its foreign policy as a threat to Russia’s interests. Carlson was a frequent reference for Russian media, but other Fox News personalities — and the occasional news update from the network — were also included.

Russian Foreign Minister Sergey Lavrov, who has made several false claims about the war — including that Russia never attacked Ukraine — singled out Fox News for praise last month.

“We understood long ago that there is no such thing as an independent Western media,” Lavrov told the state television station RT, adding that “only Fox News is trying to present some alternative point of view.”

Mentions of Fox News in Russian-language media grew 217% during the first quarter of this year compared with the final quarter of last year as news coverage of Ukraine increased, according to an analysis by Zignal Labs, a media tracking company that reviewed social media posts, broadcast media and online websites. CNN, which has about three times the global viewership of Fox News, according to tracking company Similarweb, was mentioned more often but grew less, by 71%.

When reached for comment, a Fox News spokesperson pointed to segments in which Carlson was critical of Russia and its president, Vladimir Putin.

To better understand Fox News’ presence in Russian state media, The New York Times reviewed nearly 500 Russian-language articles mentioning Fox News between July and late March, sourced from the two largest state news agencies in the country — RIA Novosti and Tass — along with dozens of articles from other Russian-language media.

Here are four ways Russian media has used Fox News to bolster the government’s narrative about the war.

1. Blaming NATO Expansion

The echoing narratives were clear from the eve of the invasion. Putin warned that he would use “military technical measures” if threatened by NATO.

When Douglas Macgregor, a retired Army colonel, repeated Russia’s argument on Carlson’s show, it did not take long for Russian news media to cite him.

“He pointed out that Russia does not want to see American and NATO troops near its borders, just like the U.S. wouldn’t want to see Russian troops in Cuba,” said one article from Tsargrad, a pro-Putin Russian television channel. “This is a perfectly logical position.”

Tsargrad was started in 2015 with help from John Hanick, a former Fox News producer. Hanick was charged last month with violating U.S. sanctions. Federal prosecutors accused him of helping a Russian oligarch spread “destabilizing messages.”

2. Buttressing Conspiracy Theories

The unsupported idea that the United States was developing bioweapons in Ukraine has been nurtured for years in Russia. It found new resonance during the invasion of Ukraine.

After a Senate hearing on the matter, in which Victoria Nuland, an undersecretary of state, confirmed the existence of biolabs in Ukraine, Carlson used his show to suggest that the U.S. government was being untruthful about conducting bioweapons work in the country. Russian media seized on the segment.

“The U.S. baselessly accused Russia of spreading disinformation about biolabs in Ukraine because they later actually confirmed their existence, TV presenter Tucker Carlson told Fox News,” Radio Sputnik wrote in an article summarizing Carlson’s lengthy segment for a Russian audience.

3. Questioning the West’s Goals

Interviews with pundits and politicians were also used to undermine the West’s support of Ukraine. Joe Kent, a Republican candidate for the House from Washington state, said on Fox News that the West’s support of Ukraine was killing people, because the support was giving Ukraine an incentive not to agree to a peace deal with Russia.

Tass quickly repeated his criticisms.

“According to the Republican, whose candidacy was supported by former U.S. leader Donald Trump, the escalation in Ukraine is ‘a great way to divert attention from the political crisis’ within the United States,” the article said.

4. Criticizing President Joe Biden

Russian media frequently highlighted stories from Fox News that were critical of Biden.

Nearly 400 Russian-language stories mentioned Fox News the week that Biden directed an under-the-breath expletive at Peter Doocy, a Fox News reporter, according to Zignal Labs. The exchange was repeated for weeks in stories criticizing the president’s fitness for the job.

As the invasion began, attention shifted to questioning Biden’s motives. One article by Prime, a Russian news agency, detailed Carlson’s argument that Biden had encouraged the conflict to make “fossil fuels unaffordable for the average person and that way, people would have no choice but to switch” to renewable energy.

“The broadcaster said such reforms would jeopardize American industry, impoverish entire cities and make the United States dependent on Chinese solar panels,” the article said.

Reuters

Russia sets 0300 GMT deadline for Ukraine troops in Mariupol to surrender

David Ljunggren and Lidia Kelly – April 16, 2022

By David Ljunggren and Lidia Kelly

(Reuters) – Russia’s defence ministry has told the Ukrainian forces still fighting in the besieged southern port of Mariupol to lay down their arms starting 6 a.m. Moscow time (0300 GMT) on Sunday to save their lives.

Russia’s earlier claim that its troops had cleared the urban area of Mariupol, scene of the war’s heaviest fighting and worst humanitarian catastrophe, could not be independently verified. It would be the first major city to have fallen to Russian forces since the Feb. 24 invasion.

Moscow said the remaining fighters in Mariupol – who it says are both Ukrainian and foreign – are blockaded in the Azovstal steelworks plant.

“Taking into account the catastrophic situation that has developed at the Azovstal metallurgical plant, as well as being guided by purely humane principles, the Russian Armed Forces offer the militants of nationalist battalions and foreign mercenaries from 06:00 (Moscow time) on April 17, 2022, to stop any hostilities and lay down their arms,” the defence ministry said in a statement.

“All who lay down their arms are guaranteed that their lives will be spared.”

Under the terms of deal proposed by Russia on Saturday, the remaining defenders in the Azovstal plant would leave between 6 a.m. and 1 p.m. Moscow time, without weapons or ammunition.

The start of the surrender would be indicated by raising flags, the ministry said: “From the Russian side – red; from the Ukrainian side – white, around the whole perimeter of Azovstal.”

There was no immediate reaction from Kyiv to the offer.

Ukraine President Volodymyr Zelenskiy accused Russia on Saturday of “deliberately trying to destroy everyone” in Mariupol and said his government was in touch with the defenders. But he did not address Moscow’s claim that Ukrainian forces were no longer in urban districts.

“I want to be heard correctly right now: there has not been a single day since the beginning of the blockade of Mariupol that we have not been seeking a solution – military or diplomatic,” Zelenskiy said in his nightly video address.

“But finding this solution is extremely difficult. Until now, there has not been a 100% realistic option.”

Mariupol, with its strategic location on the coast of the Azov Sea, has been a target since the start of the war. It lies on the route between the Russian-annexed peninsula of Crimea to the west, and the Donetsk region to the east, which has been partially controlled by pro-Russian separatists since 2014.

The Russian defence ministry said also that it has “evacuated” 168,000 people out of Mariupol so far. Ukraine has said that thousands have been forcefully departed.

Efforts to evacuate civilians from Mariupol – some with the help of the International Committee of the Red Cross – have repeatedly broken down, with both sides blaming each other.

The total capture of Mariupol would give Russia an option to build a land bridge to Crimea and control the entire north shore of the Sea of Azov.

(Reporting by David Ljunggren and Lidia Kelly; Editing by Raju Gopalakrishnan; Writing by Lidia Kelly)

Yale School Of Management

Over 750 Companies Have Curtailed Operations in Russia—But Some Remain

April 15, 2022

Since the invasion of Ukraine began, we have been tracking the responses of over 1,000 companies. Over 750 companies have publicly announced they are voluntarily curtailing operations in Russia to some degree beyond the bare minimum legally required by international sanctions — but some companies have continued to operate in Russia undeterred. 

Originally a simple “withdraw” vs. “remain” list, our list of companies now consists of five categories—graded on a school-style letter grade scale of A-F for the completeness of withdrawal. 

The list below is updated continuously by Jeffrey Sonnenfeld and his team of experts, research fellows, and students at the Yale Chief Executive Leadership Institute to reflect new announcements from companies in as close to real time as possible. 

Our list has already garnered extensive coverage for its role in helping catalyze the mass corporate exodus from Russia. 

When this list was first published the week of February 28, only several dozen companies had announced their departure.

Hundreds of companies have withdrawn in the days since, and we are humbled that our list helped galvanize millions around the world to raise awareness and take action. 

Although we are pleased that our list has been widely circulated across company boardrooms, government officials, and media outlets as the most authoritative and comprehensive record of this powerful, historic movement, we are most inspired by the thousands of messages we have received from readers across the globe, especially those from Ukraine, and we continue to welcome your tips – preferably with documentation – insights, and feedback, at jeffrey.sonnenfeld.celi@yale.edu. 

For a sortable, detailed version of the list below, please visit our enhanced database where you can filter companies by letter grade, country, sector, and much more. This database replaces the detailed Excel spreadsheet we previously published, which is now archived as of April 7 and no longer updated. 

Click here to read the new commentary from Jeffrey Sonnenfeld and Steven Tian in The New York Times explaining why our list matters, now more than ever. 

If you want to get in touch with the “F” companies found here, you may locate contact information on this non-Yale affiliated website: www.emailcontactukraine.com. We do not endorse nor certify the accuracy of this list of addresses, but in response to frequent requests, we are aware of this external non-Yale resource.

Yale CELI List of Companies

Updated By: Jeffrey Sonnenfeld and Yale Research Team: Wiktor Babinski, Ricardo Barcelo, Yash Bhansali, Forrest Michael Bomann, Michal Boron, Katie Burke, Adriana Coleska, Samuel Choi, Drew D’Alelio, Hunter Harmon, Georgia Hirsty, Mateusz Kasprowicz, Cate Littlefield, Rémi Moët-Buonaparte, Christophe Navarre, Marina Negroponte, Camillo Padulli, Jeremy Perkins, Magdalena Rego, Franek Sokolowski, Steven Tian, Ryan Vakil, Michal Wyrebkowski, and Steven Zaslavsky.

Last Updated: April 15, 2022

How We Do It: We have a team of experts with backgrounds in financial analysis, economics, accounting, strategy, governance, geopolitics, and Eurasian affairs with collective fluency in ten languages including Russian, Ukrainian, German, French, Italian, Spanish, Chinese, Hindi, Polish and English, compiling this unique dataset using both public sources such as government regulatory filings, tax documents, company statements, financial analyst reports, Bloomberg, FactSet, MSCI, S&P Capital IQ, Thomson Reuters and business media from 166 countries; as well as non-public sources, including a global wiki-style network of 150+ company insiders, whistleblowers and executive contacts.        All Countries       Afghanistan       Albania       Algeria       American Samoa       Andorra       Angola       Anguilla       Antigua & Barbuda       Argentina       Armenia       Aruba       Australia       Austria       Azerbaijan       Bahamas       Bahrain       Bangladesh       Barbados       Belarus       Belgium       Belize       Benin       Bermuda       Bhutan       Bolivia       Bonaire       Bosnia & Herzegovina       Botswana       Brazil       British Indian Ocean Ter       Brunei       Bulgaria       Burkina Faso       Burundi       Cambodia       Cameroon       Canada       Canary Islands       Cape Verde       Cayman Islands       Central African Republic       Chad       Channel Islands       Chile       China       Christmas Island       Cocos Island       Colombia       Comoros       Congo       Cook Islands       Costa Rica       Cote DIvoire       Croatia       Cuba       Curacao       Cyprus       Czech Republic       Denmark       Djibouti       Dominica       Dominican Republic       East Timor       Ecuador       Egypt       El Salvador       Equatorial Guinea       Eritrea       Estonia       Ethiopia       Falkland Islands       Faroe Islands       Fiji       Finland       France       French Guiana       French Polynesia       French Southern Ter       Gabon       Gambia       Georgia       Germany       Ghana       Gibraltar       Great Britain       Greece       Greenland       Grenada       Guadeloupe       Guam       Guatemala       Guinea       Guyana       Haiti       Hawaii       Honduras       Hong Kong       Hungary       Iceland       Indonesia       India       Iran       Iraq       Ireland       Isle of Man       Israel       Italy       Jamaica       Japan       Jordan       Kazakhstan       Kenya       Kiribati       Korea North       Korea South       Kuwait       Kyrgyzstan       Laos       Latvia       Lebanon       Lesotho       Liberia       Libya       Liechtenstein       Lithuania       Luxembourg       Macau       Macedonia       Madagascar       Malaysia       Malawi       Maldives       Mali       Malta       Marshall Islands       Martinique       Mauritania       Mauritius       Mayotte       Mexico       Midway Islands       Moldova       Monaco       Mongolia       Montserrat       Morocco       Mozambique       Myanmar       Nambia       Nauru       Nepal       Netherland Antilles       Netherlands       Nevis       New Caledonia       New Zealand       Nicaragua       Niger       Nigeria       Niue       Norfolk Island       Norway       Oman       Pakistan       Palau Island       Palestine       Panama       Papua New Guinea       Paraguay       Peru       Philippines       Pitcairn Island       Poland       Portugal       Puerto Rico       Qatar       Republic of Montenegro       Republic of Serbia       Reunion       Romania       Russia       Rwanda       St Barthelemy       St Eustatius       St Helena       St Kitts-Nevis       St Lucia       St Maarten       St Pierre & Miquelon       St Vincent & Grenadines       Saipan       Samoa       Samoa American       San Marino       Sao Tome & Principe       Saudi Arabia       Senegal       Seychelles       Sierra Leone       Singapore       Slovakia       Slovenia       Solomon Islands       Somalia       South Africa       Spain       Sri Lanka       Sudan       Suriname       Swaziland       Sweden       Switzerland       Syria       Tahiti       Taiwan       Tajikistan       Tanzania       Thailand       Togo       Tokelau       Tonga       Trinidad & Tobago       Tunisia       Turkey       Turkmenistan       Turks & Caicos Is       Tuvalu       Uganda       United Kingdom       Ukraine       United Arab Emirates       United States       Uruguay       Uzbekistan       Vanuatu       Vatican City State       Venezuela       Vietnam       Virgin Islands (Brit)       Virgin Islands (USA)       Wake Island       Wallis & Futana Is       Yemen       Zaire       Zambia       Zimbabwe     All Countries

Digging In

Defying Demands for Exit or Reduction of Activities (198 Companies) (Grade: F)

Companies that are just continuing business-as-usual in Russia…

Name	Action	Industry	Country
Aalberts	still operating in Russia	Industrials	Netherlands
AB InBev	still operating in Russia	Consumer Staples	Belgium
Acerinox	still operating in Russia	Materials	Spain
Agrana	continue operating plant in Russia		Austria
Agricultural Bank of China	Russian companies open accounts with the bank; decline to comment	Financials	China
Aimbridge | Interstate Hotels	still operating in Russia	Consumer Discretionary	United States
Air Serbia	still flying to Russia	Industrials	Serbia
Alcon	still operating in Russia	Health Care	Switzerland
Alibaba	still operating in Russia	Consumer Discretionary	China
Align Technology	still operating in Russia	Health Care	United States
Alpina Žiri	distributors in Russia	Consumer Discretionary	Slovenia
Alumil	Not disclosed publicly	Industrials	Greece
Ametek	still operating in Russia		United States
Amgen	still operating in Russia	Health Care	United States
Andritz	continue exports to Russia		Austria
ANT Group	joint venture with the Russian Sovereign Wealth Fund		China
Asus	citing conditions for effective standstill in Russian operations without actually suspending operations	Information Technology	Taiwan
Auchan-Retail	still operating in Russia	Consumer Staples	France
AVL	still operating in Russia		Austria
Bajaj Auto	business as usual		India
Bharat Petroleum (BPCL)	bought 2 million barrels of Russian Urals for May loading		India
Bharti Airtel	business as usual		India
Bonduelle	still operating in Russia	Consumer Staples	France
Buzzi Unicem	continue operating plants in Russia		Italy
Calzedonia	continue sales in Russia		Italy
CANPACK	still operating in Russia		Poland
Carter’s | Oshkosh	still operating in Russia		United States
Charoen Pokphand Foods	still operating in Russia	Consumer Staples	Thailand
Check Point Software	selling cybersecurity products in Russia	Information Technology	Israel
China Communications Construction Company	planning new infrastructural projects	Industrials	China
China Construction Bank	Russian companies open accounts with the bank; decline to comment	Financials	China
China Life Insurance Company	offices in Russia, actively looks for new Russian employees	Financials	China
China Mobile	business as usual	Communication Services	China
China National Petroleum Corporation	business as usual	Energy	China
China Railway Construction Corporation	continues to build Vladivostok highway in March 2022	Industrials	China
China Railway Engineering Corporation	business as usual	Industrials	China
China State Construction Engineering	contractor to the Russian state	Industrials	China
China State Railway Group Company	increasing coal shipments from Russia		China
China United Network Communications	a subsidiary in Russia: China Unicom (Russia) Operations Limited Liability Company; business as usual	Communication Services	China
Chipita	Not disclosed publicly; still operating in Russia	Consumer Staples	Greece
Cloudflare	continue sales & services in Russia	Information Technology	United States
Coal India	expecting highest import level in 2 years		India
Cremonini Group	continue sales in Russia		Italy
De Cecco	continue sales and operations in Russia		Italy
Denso	continue operations in Russia		Japan
Didi	explicitly reversed decision to exit Russia	Industrials	China
DJI	continue business in Russia		China
DMK Group	continues sales and plant operations in Russia		Germany
Donaldson Company	continues sales to Russia		United States
Dr Reddys Labs	business as usual		India
Duol	still operating in Russia	Consumer Discretionary	Slovenia
EDF	still operating in Russia	Utilities	France
Egger	still operating in Russia	Industrials	Austria
ElvalHalcor	Not disclosed publicly	Industrials	Greece
Emirates Airlines	still flying to Russia	Industrials	United Arab Emirates
EMS-Chemie	still operating in Russia	Industrials	Switzerland
Engie	still operating in Russia	Utilities	France
ESAB	still operating in Russia	Industrials	Sweden
Eutelsat	provide satellite TV services to Russia	Communication Services	France
FAW Group	remains silent on whether they will continue operations	Industrials	China
Fleetcor	business as usual	Financials	United States
Flowserve	still operating in Russia	Industrials	United States
Fluidra	continuing sales in Russia	Consumer Discretionary	Spain
FM Global	continuing Russian relationships	Financials	United States
Foraco	still operating in Russia	Energy	France
Frigoglass	still operating in Russia	Consumer Staples	Greece
GEA Group	continues operations in Russia		Germany
Gedeon Richter	still operating in Russia	Health Care	Hungary
Geoplin	still purchasing Russian gas from Gazprom	Energy	Slovenia
Geox	continuing operations in Russia		Italy
Global Fashion Group	still operating in Russia		Luxembourg
Globus	still operating in Russia	Consumer Staples	Germany
Gorenje	still operating in Russia	Consumer Discretionary	Slovenia
Groupe Le Duff	still operating in Russia	Consumer Discretionary	France
Groupe Savencia	still operates in Russia	Industrials	France
Grupo Borges | ITLV	still operating in Russia	Consumer Staples	Spain
Grupo Fuertes	still operating in Russia		Spain
Hampidjan	still operating in Russia	Industrials	Iceland
Hengli Group	business as usual	Energy	China
Herend	still operating in Russia	Consumer Discretionary	Hungary
Hindalco	business as usual		India
HiPP	continue operations and sales in Russia		Switzerland
Honor	business as usual		China
Huawei	still operating in Russia	Information Technology	China
Huntsman Corporation	still operating in Russia	Materials	United States
Ideal Molde	still selling to Russia	Materials	Portugal
IMCD	still operating in Russia		Netherlands
Industrial Bank (China)	offices operating in Moscow, did not answer for Reuters’ calls for commenting on that	Financials	China
Intermedia	still operating in Russia	Information Technology	United States
International Paper	still operating in Russia	Materials	United States
IOC	signed new deal to import Russian oil	Energy	India
Itochu	continues oil & gas exploration partnerships		Japan
Jacques Dessange	still operating in Russia		France
JD.com	business as usual – the Russian store is still fully operational		China
JDE Peet’s	still operating in Russia	Consumer Staples	Netherlands
Jean-Louis David	still operating in Russia	Consumer Discretionary	France
Jidian International Trade Co	has purchased at least 50,000 tonnes of coal from Russia since the war broke out – “We are still in the business when many of our peers are out”		China
JSW Steel	business as usual		India
Kaupfélag Skagfirðinga	still operating in Russia	Consumer Staples	Iceland
Kleemann	Not disclosed publicly	Industrials	Greece
Knarr Maritime	members still operating in Russia		Iceland
Koch Industries	still operating in Russia	Industrials	United States
Kotanyi	still exporting to Russia		Austria
Krka	still operating in Russia	Health Care	Slovenia
Kronospan	still operating in Russia	Materials	Austria
Kweichow Moutai	business as usual		China
La Redoute	still operating in Russia	Industrials	France
Laboratorie Servier	still operating in Russia	Consumer Discretionary	France
Lacoste	still operating in Russia	Consumer Staples	France
LACTALIS	still operating in Russia	Consumer Staples	France
Larsen	business as usual		India
Legrand	still operating in Russia	Consumer Discretionary	France
Lenovo	still operating in Russia	Consumer Discretionary	Hong Kong
Leptos Estates	continues operations in Russia		Cyprus
Leroy Merlin	still operating in Russia	Consumer Discretionary	France
Liebherr	No action taken; still operating in Russia	Industrials	Germany
Lisec	still operating in Russia		Austria
Luka Koper	continuing trans shipments		Slovenia
Mahindra & Mahindra	business as usual		India
Makrochem SA	still operating in Russia		Poland
Maxam	still operating in Russia	Materials	Spain
Menarini Group	continue operating plant and research center		Italy
Metro	still operating in Russia	Consumer Staples	Germany
Mitsui	continuing operations within sanctions compliance	Energy	Japan
Mizuho Financial Group	still operating in Russia	Financials	Japan
Mod’s Hair	still operates in Russia		France
MOLGroup	still operating in Russia	Energy	Hungary
Mondi	continue operations in Russia		United Kingdom
MS & AD Insurance Group	continue operations in Russia		Japan
MSI	still operating in Russia	Information Technology	Taiwan
Nature’s Sunshine	still operating in Russia	Consumer Staples	United States
New Yorker Marketing & Media GmbH	continue to operate and open new stores	Industrials	Germany
NTT	continues to operate cloud services in Russia		Japan
Oasis Logistics Corp	“We are actively exploring opportunities to work with our Russian partners”		China
OCSiAl	still running research center and branch	Information Technology	Luxembourg
Olam Group	still operating in Russia	Consumer Staples	Singapore
ONGC	aggressive selling of Russian Sokoil to other Indian Nationalised Energy corps	Energy	India
Oppo	business as usual		China
Orano	still operating in Russia	Energy	France
Owens Corning	vaguely pursue options to transfer or sell our Russian facilities but no final decision		United States
Paccar	still active in Russia; deny comments	Industrials	United States
Palfinger	still operating in Russia		Austria
Paul Wurth	maintaining commercial activities with Russia	Industrials	Luxembourg
Pentair	still selling to Russian distributors		United States
Phibro Animal Health Corp	continues sales to Russia		United States
Pidilite Ind	business as usual		India
Pilkington	still operating in Russia		Japan
Plastika Kritis	Not disclosed publicly		Greece
Poly Real Estate	a sister company is Poly Technologies, one of China’s largest arms exporters and has been sanctioned by the United States; in Russian tax registry	Real Estate	China
PowerChina	cooperating with a Russian bank “Solidarnost” on off-shore projectes		China
Profilco	Not disclosed publicly	Materials	Greece
Qatar Airways	still flying to Russia		Qatar
Raba	maintain commerical ties with Russian Kamaz	Industrials	Hungary
Raiffeisen Bank International	still operating in Russia	Financials	Austria
Riko	still operating in Russa		Slovenia
Riot Games	still operating in and selling to Russia	Consumer Discretionary	United States
Russia Fachspedition Dr. Lassmann	still operating in Russia		Austria
S-Mechaniki	Not disclosed publicly	Industrials	Greece
SAIC Motor	remains operational; plans to increase export	Industrials	China
Sanatmetal	still operating in Russia	Health Care	Hungary
Sany Heavy Industries	business as usual		China
Sarantis	still operating in Russia	Consumer Staples	Greece
Schoeller Bleckmann	still operating in Russia		Austria
Semiconductor Manufacturing International Corporation	defies US sanctions by continuting to export to Russia	Industrials	China
Shanghai Fosun Pharmaceutical	business as usual		China
Signify	still operating in Russia	Consumer Discretionary	Netherlands
Simba Dickie Group	still operating in Russia	Consumer Discretionary	Germany
State Grid Corporation of China	business as usual	Utilities	China
Storck	continue candy sales in Russia	Consumer Staples	Germany
Sun Pharma	business as usual		India
SWISS KRONO	still operating plant in Russia		Switzerland
Sæplast	not publically disclosed	Industrials	Iceland
Tata Consultancy Services	Universal KUBE – a subsidiary of TSC for the Russian market	Communication Services	India
Tata Steel	business as usual, however looking for alternatives to Russian coal		India
Tech Mahindra	business as usual		India
Tencent	still operating in Russia	Communication Services	China
Tenneco	still operating in Russia; deny comments	Industrials	United States
TEPCO	continues purchases of Russian gas	Utilities	Japan
The China Coal Transportation and Distribution Association	big power plants and about 20 Russian coal companies discussed plans to increase bilateral trade		China
ThyssenKrupp	still operating in Russia		Germany
Titan Company	business as usual		India
Titan International	still operating in Russia	Industrials	United States
Toyota Tsusho	still operating in Russia		Japan
Triglav Group	still operating in Russia		Slovenia
Turkish Airlines	still flying to Russia	Industrials	Turkey
UniCredit	evaluating potential withdrawal but still operating in Russia	Financials	Italy
UnionPay	Russian banks TURN to UnionPay, after Visa and Mastercard left		China
Vanke	business as usual	Utilities	China
Veolia	still operating in Russia	Utilities	France
Vinci SA	still operating in Russia	Industrials	France
Vivo	business as usual		China
Wanhua Chemical Group	business as usual		China
Wienerberger	still operating in Russia		Austria
Xiaomi	still operating in Russia	Information Technology	China
Xibao Metallurgy Materials Group	building a refractory material plant in Lipetsk, Russia		China
Zimmer Biomet	continues sales in Russia		United States
ZTE	business as usual	Communication Services	China
Zwack	Not disclosed publicly	Consumer Staples	Hungary

Buying Time

Holding Off New Investments/Development (134 Companies) (Grade: D)

Companies postponing future planned investment/development/marketing while continuing substantive business…

Name	Action	Industry	Country
Abbott Laboratories	suspend non-essential business activity	Health Care	United States
Abbvie	suspend aesthetics operations, pause new clinical trials	Health Care	United States
Accor	suspend new investments/development	Consumer Discretionary	France
Accumalux	still operating plant in Togliatti, Russia	Industrials	Luxembourg
ADM	unspecified scaling down of non-essential operations	Consumer Staples	United States
Aegon	ending new investments where has control over fund	Financials	Netherlands
Air Liquide	Some clients no longer supplied, others scaled down; all Russian investments on hold	Materials	France
Akrapovič	still operating in Russia	Consumer Discretionary	Slovenia
AmerisourceBergen	cease new business initiatives but continue existing clinical trials, and distributing health products	Health Care	United States
Anecoop	diverting sales away from Russia	Consumer Staples	Spain
Arconic	pause new contracts but continue existing	Materials	United States
AstraZeneca	halt new investments/new clinical trials	Health Care	United Kingdom
Baker Hughes	paused new investments/development	Energy	United States
Bang & Bonsomer	suspend new investments but still operating in Russia		Finland
Bank of Cyprus	maintain loan book; observe banking sanctions		Cyprus
Barilla	all new investments and advertising activities on hold	Consumer Staples	Italy
Barry Callebaut	suspend capital investment	Consumer Staples	Switzerland
BASF SE	no new business in Russia & Belarus except certain products	Materials	Germany
Bayer	stopping unspecified non-essential business activity	Health Care	Germany
BlaBlaCar	Stopped new investment but stays in Russia	Industrials	France
Boiron	suspend new investments & stop clinical trials	Health Care	France
Calfrac Well Services	suspension of new investments in Russia	Energy	Canada
Campari	continue sales in Russia but suspend new investments		Italy
Cargill	unspecified scaling down of non-essential operations	Consumer Staples	United States
Carmim	suspend some orders in backlog	Consumer Staples	Portugal
Colgate-Palmolive	continue essential health and hygiene products	Consumer Staples	United States
Corticeira Amorim	commerical activity suspended	Consumer Discretionary	Portugal
Credit Suisse	stop new business in Russia while meaningfully cutting exposure	Financials	Switzerland
Danone	suspend all investment projects but continue dairy products	Consumer Staples	France
Delonghi	paused new shipments and investments	Consumer Discretionary	Italy
dōTERRA	suspend new investment in Russia	Consumer Staples	United States
Dr. Theiss	suspend advertisement	Health Care	Germany
Ecco	suspend new investments still operating in Russia	Consumer Discretionary	Denmark
Ehrmann	continue sales in Russia but suspend new investments	Consumer Staples	Germany
Ekosem Agrar AG	restructuring finances	Consumer Staples	Germany
Eli Lilly	suspend new investments and clinical trials	Health Care	United States
Emerson Electric	halt new investments in Russia	Industrials	United States
ESL	ban people with ties to Russian government	Utilities	Germany
FL Smidth	no new business		Denmark
Focus Brands – Cinnabon	no new investments and expansion plans on hold	Industrials	United States
Fortum	no new investments in Russia; continue operating plants		Finland
Gaz-System	still imports Russian gas, made efforts to diversify		Poland
GlaxoSmithKline	stopped advertising/new clinical trials in Russia	Health Care	United Kingdom
Glencore	stop entering into new Russian commodities trading contracts but continue holding substantive Russian equity stakes	Materials	Switzerland
Greif	canceled future investments in Russia	Materials	United States
GROUPE LIMAGRAIN/JACQUET-BROSSARD	continues flows to Russian and Ukrainian producers but suspends its project to build a seed factory in Russia	Industrials	France
Groupe Seb	suspend new investments and “sharply” reduce activities in Russia	Consumer Discretionary	France
Gruma	halt new investments in Russia	Consumer Staples	Mexico
GXO Logistics	suspend new investments	Industrials	United States
Hellenic Bank	maintain rep offices in Russia; observe all banking sactions		Cyprus
Hellenic Petroleum	seeks new oil supplier to replace Russian oil	Energy	Greece
Henkel	stop ads in state-owned media and freeze future investment plans in Russia	Consumer Staples	Germany
HERZ	no new business in Russia		Austria
Hilton	suspend new investments/close corporate office	Consumer Discretionary	United States
Hines	suspend new investments in Russia	Industrials	United States
Hochland	suspend investments but continues sales and plant operations in Russia	Consumer Staples	Germany
HSBC	curtail Russian access to capital markets and limit new business	Financials	United Kingdom
Hyatt	suspend investments and new developments	Consumer Discretionary	United States
ID Logistics	suspend new investment in Russia	Industrials	France
Idexx Labs	suspend minor operations and new investments	Industrials	United States
ING Bank	pause all new business		Netherlands
Ingram Micro	no new business in Russia	Information Technology	United States
Intercontinental Hotels	ended new investments/closed corporate office	Consumer Discretionary	United Kingdom
Intesa Sanpaolo	suspend new investments and curtail new financing	Financials	Italy
IPG Photonics	suspend new investments and business development in Russia	Information Technology	United States
J. Neves & Fihos (JNF)	paused distribution	Industrials	Portugal
Japan Tobacco	stopped new investments and marketing activities in Russia	Consumer Staples	Japan
Johnson & Johnson	pause patient enrollment in ongoing trials	Health Care	United States
Julius Baer	suspend new business in Russia and reduce current exposure	Financials	Switzerland
KCA Deutag	suspend investments	Energy	United Kingdom
KDDI Corp	continue operations with local staff		Japan
Kimberly-Clark	suspend new investments in Russia	Consumer Staples	United States
Knauf	still operating across 14 sites in Russia but suspend new investments	Materials	Germany
Kraft Heinz – JBS	stopped new investments and exports/imports from Russia	Industrials	United States
Kubíček VHS	Stopped cooperation	Industrials	Czech Republic
Lamb Weston	halted the export of products to/from Russia and suspended investments in new production	Industrials	United States
Lotos	ready to stop spot purchases of Russian oil	Energy	Poland
Loulis Mills	search for alternative suppliers	Consumer Staples	Greece
Maire Tecnimonet	suspended commercial activities; managing existing backlog		Italy
Manitowoc	stopped taking new orders, still maintaining office in Russia	Industrials	United States
Marel	paused new projects	Consumer Staples	Iceland
Marriott	suspend new investment/close corp. office	Consumer Discretionary	United States
Melamin	making up for shortfall from sanctions	Materials	Slovenia
Merck	no further investments/clinical trial enrollment	Health Care	United States
Mocapor	paused exports	Industrials	Portugal
Mohawk Industries	suspend new investments in Russia	Consumer Discretionary	United States
Mondelez – Nabisco	scaling back unspecified non-essential activities in Russia	Industrials	United States
National Oilwell Varco	suspend all new investments in Russia		United States
Naust Marine	stopped projects in Russia	Industrials	Iceland
Nestle	halted non-essential imports/exports to Russia, stopped all advertising, and suspended all capital investment	Consumer Staples	Switzerland
Nippon Steel	searching to replace Russian supplies		Japan
Novartis	pause all new capital investments, media advertising and other promotions; pause new clinical trials and enrollment of new patients	Health Care	Switzerland
Novo Nordisk	continue operations but pause new investments, marketing and clinical trials		Denmark
NTPC	difficulty in transacting with Russian counterparties due to SWIFT issues etc		India
OMV	no new Russian investments; doing strategic review of current Russian gas investments	Energy	Austria
Otis Worldwide	no new investments/new contracts but fulfill existing agreements	Industrials	United States
Pfizer	stopped new investments/clinical trials in Russia	Health Care	United States
Philip Morris	Stop new investments including $150MM, paused marketing, canceled product launches	Consumer Staples	United States
Philips	most operations continue, ended some consumer products		Netherlands
Polpharma	stop all new investments and limit deliveries to essential drugs only	Health Care	Poland
Pottinger	limited deliveries to Russia sales subsidiary		Austria
Procter & Gamble	scale back unspecified operations in Russia and stop new investments	Consumer Staples	United States
Red Bull	suspend new investments	Consumer Staples	Austria
RHI Magnesita	selling down existing stocks in Russia		Austria
Ritter Sport	halt new investments and advertising	Consumer Staples	Germany
Roche	pause new site activation and patient enrollment; continue operating	Health Care	Switzerland
Rockwool	cancel new investments in Russia	Industrials	Denmark
Saipem	halt new investments	Energy	Italy
Sanofi	halting advertising and promotional spending and new recruitment of patients clinical trials, continue medical supply and treating current patients	Health Care	France
Sarandopoulos Cylindrical Mills	search for alternative suppliers	Consumer Staples	Greece
SC Johnson	stopped new investments and scaled back unspecified operations	Consumer Staples	United States
Schlumberger	stopped new investment and technology deployment to our Russia operations	Energy	United States
Schneider Electric	halted new investments and international delivery of new project orders destined to Russia and Belarus	Industrials	France
Siemens	all new business in and international deliveries to Russia and Belarus are on hold	Industrials	Germany
Siemens Energy AG (Independent)	freeze new business in Russia	Industrials	Germany
Sigma Group	Stopped cooperation	Industrials	Czech Republic
SRV	outline steps to stop procurement of building materials from Russia	Materials	Finland
Subway	suspend new investments/advertising		United States
Sumitomo Mitsui Financial	continue operations with local staff		Japan
Technip Energies	continuing existing projects; no new business		France
Torm	no new business with Russia		Denmark
Toshulin	Stopped cooperation	Industrials	Czech Republic
Trafigura	froze investments in Russia	Energy	Singapore
TZMO	stopped new investments		Poland
UBS	suspend new business in Russia and reduce current exposure by helping clients unwind Russia securities	Financials	Switzerland
Unilever	stopped inports/exports and stopped all advertising and investments	Consumer Staples	United Kingdom
Vestas	continue operations but no new contracts		Denmark
Vimeo	not accept new customers from Russia	Utilities	United States
Weatherford International	suspend new investments/deployments in Russia	Energy	United States
Welltec	suspend all new investments in Russia		Denmark
WePlay	freeze Russian-language projects	Utilities	United States
Wintershall Dea AG	maintain Russian natural gas projects and critical infrastructure; write-off Nord Stream2 loans	Energy	Germany
Young Living	suspend new investments in Russia	Consumer Staples	United States
Yves Rocher	suspend new investments/development	Consumer Staples	France

Scaling Back

Reducing Current Operations (99 Companies) (Grade: C)

Companies that are scaling back some significant business operations but continuing some others…

Name	Action	Industry	Country
AGCO	stop sale of new machines to Russia		United States
AkzoNobel	suspend new investments in Russia; end Aerospace work	Materials	Netherlands
Allianz	meaningfully reduce exposure to Russia	Financials	Germany
Amadeus IT Group	suspend partnership with Aeroflot	Information Technology	Spain
AmRest	suspend operations with some brands in Russia	Consumer Staples	Spain
Aspo	reducing operations in Russia		Finland
Bacardi	paused exports to Russia but not domestic operations	Consumer Staples	Bermuda
Beiersdorf	maintain skin and bodycare products; stop other products	Consumer Staples	Germany
Black Red White	divesting from Russian subsidiary, still has a significant stake in a company operating in Belarus, which also suspended Russian exports	Consumer Discretionary	Poland
Boehringer Ingelheim	scale back to just supplying medicine	Health Care	Germany
Bosch	suspend some shipments and plants but not all	Consumer Discretionary	Germany
Bunge	suspend exports but continue certain domestic	Consumer Staples	United States
Bureau Veritas	scaled back	Industrials	France
Caterpillar	suspend minor Russian manufacturing facilities but not import sales	Industrials	United States
CHR Hansen	suspend operations outside of staple food products		Denmark
Coinbase	block certain illicit Russian accounts but not all	Financials	United States
Confor Step	Stopped producing or shipping to Russia	Consumer Discretionary	Portugal
Corning	suspend almost all sales in Russia except minor life-saving products	Information Technology	United States
Deere	suspend shipments into Russia only	Industrials	United States
Dover Corporation	ramping down sales activity and focusing on liquidating working capital		United States
Dow	suspend investments/some purchases but not all	Materials	United States
Eaton	stop shipments to Russia; maintains services		United States
Eimskip	reduced operation in Russia	Industrials	Iceland
Elanco	scale back to critical products to ensure food security		United States
Elsevier	suspended all sales except essential health products	Communication Services	United States
Enel	suspend current investments; working to divest current assets		Italy
FANUC	stopped shipments and limited service	Information Technology	Japan
Ferrero	suspend non-essential business activity	Consumer Staples	Italy
Fieldfisher	terminate certain Russian relationships	Industrials	United Kingdom
FIGMA	continue current business & stop all new sales efforts in Russia	Information Technology	United States
Fortive	suspend most operations except medical essentials	Industrials	United States
GE	stopped sales in Russia and Belarus except medical equipment and support for electric power generation and transmission	Industrials	United States
General Mills	suspended sales of global brands in its JV	Consumer Staples	United States
Goldman Sachs	wind down business in Russia but buy Russian debt	Financials	United States
Groupe BPCE	suspend many transactions and cease new financing	Financials	France
Halliburton	suspend future business in Russia and wind down current	Energy	United States
HILTI	limiting sales and workforce in Russia		Liechtenstein
Hostinger	stop accepting payments for new purchases and renewals	Information Technology	Lithuania
Idemitsu Kosan	stop coal imports; lubricants business unchanged		Japan
IndusInd Bank	can no longer clear rupee rouble conversions		India
Ingersoll Rand	scale back to only health critical services		United States
Ingka	stop all exports, IKEA production; keep open retail centers (Mega)	Consumer Discretionary	Netherlands
International Biathlon Union	Russians to compete as neutral athletes
Iskratel	paused some business with Russia	Communication Services	Slovenia
Iveco	suspend deliveries to Russia; truck JV still in operations	Industrials	Italy
JPMorgan	wind down business in Russia but buy Russian debt	Financials	United States
Kellogg	suspend new investments except essentials (minor)	Consumer Staples	United States
Kotak Mahindra	paused transaction through cards in Russia		India
Legal & General	reduce exposure	Financials	United Kingdom
Linde	divest certain industrial assets and suspend new development/investments	Energy	Germany
Loyalty Ventures	scaled back most services and stopped new sales		United States
LyondellBasell	end all business with state-controlled entities	Materials	Netherlands
Mars	scale back business and stopped advertising/new investments/exports in Russia	Consumer Staples	United States
Marubeni	scaling down but still in numerous projects across Russia		Japan
Maruti Suzuki	suspend car exports		India
Mashreqbank	halt loans to Russia	Financials	United Arab Emirates
Microsoft	suspend new sales in Russia but existing users can still access	Information Technology	United States
Miele	suspend operations except exempt healthcare	Consumer Discretionary	Germany
Milliken & Co	still operating in Russia	Materials	United States
Miro	close office in Moscow & pause new sales	Utilities	Netherlands
Nalco Water (Ecolab)	suspended services except services critical to health	Industrials	United States
Natura	suspend some subsidiary operations but not all		United States
NielsenIQ	suspend consulting service but not core business	Industrials	United States
Nokian Tyres	meaningfully reduce production in Russia	Consumer Discretionary	Finland
Norsk Hydro	reduced deliveries and supplies to the contractual minimum for some commitments, and is suspending deliveries and supply in several contracts	Materials	Norway
Oriflame Cosmetics	suspend online sales to end consumers but not others	Consumer Staples	Switzerland
Orion	stop exports to Russia		Finland
Orsted	end coal and biomass purchases, refuse to pay for gas in roubles		Denmark
Pepsi	suspend operations in Russia except essentials	Consumer Staples	United States
Pirelli	suspend new investments in Russia and scale back production	Consumer Discretionary	Italy
PKN Orlen SA	stopped maritime oil shipments, diversifying supply	Energy	Poland
Polskie Górnictwo Naftowe i Gazownictwo SA	halts import of Russian gas beginning 2023	Energy	Poland
PPG	scale back majority of operations and suspend new investments in Russia	Materials	United States
Reliance	released intention for avoid Russian fuel		India
Rosenbauer	no new business; continue servicing fire engine pumps in Russian JV		Austria
Royal DSM	stopped all operations in Russia other than basic food/feed/essential health activities		Netherlands
Sabre	suspend certain partnerships with Aeroflot	Information Technology	United States
Saint-Gobain	suspend exports and imports but not local operations	Industrials	France
SBI	stopped processing transactions of sanctioned Russian entities		India
Scopely	suspend marketing and commerce	Utilities	United States
SEB	scaling down operations in Russia		Sweden
Sinopec	suspend $500MM new investment and significant operations and partnerships	Energy	China
Skadden	suspend certain operations in Russia but not all	Industrials	United States
Tata Motors	paused sale of JLR in Russia		India
Tchibo	suspend coffee deliveries but not other lines	Consumer Staples	Germany
Tennant	substantially suspending sales to Russia	Consumer Discretionary	United States
Tetra Pak	stopped new investments and scaled down activities		Sweden
Tikkurila	reduce Russian operations; stop sales to aerospace		Finland
Tokio Marine	suspend new contracts and repatriate employees		Japan
Total Energies	no longer will provide capital for new projects in Russia/stop purchasing Russian oil	Energy	France
Tungsram	stopped producing products and projects	Utilities	Hungary
Uniper SE	suspend new Russian gas purchases/divest Unipro	Utilities	Germany
Vattenfall	shifting energy purchases away from Russia		Sweden
Wartsila	suspend all deliveries and new sales to Russia; continue ongoing projects	Industrials	Finland
Westinghouse Air Brake Technologies Corp	stopped sales to Russia		United States
Whirlpool	limiting production in Russia	Consumer Discretionary	United States
Wolters Kluwer	scale back to just health products in Russia		Netherlands
Yum Brands	suspend operations of company-owned restaurants and new investments in Russia	Consumer Discretionary	United States
Zoetis	suspend investments & focus on supply of medicines and vaccines	Health Care	United States

Suspension

Keeping Options Open for Return (360 Companies) (Grade: B)

Companies temporarily curtailing most or nearly all operations while keeping return options open…

Name	Action	Industry	Country
3M	suspend operations in Russia	Industrials	United States
AAK	halted delivery and sales	Consumer Staples	Sweden
Abrdn	suspend investments in Russia and reduce exposure	Financials	United Kingdom
ACCA	suspend operations in Russia and Belarus	Utilities	United Kingdom
Acer	suspend its business in Russia	Information Technology	Taiwan
Adidas	suspend operations in Russia	Consumer Discretionary	Germany
Adobe	suspend all sales in Russia	Information Technology	United States
ADP	suspend sales/services to Russia	Information Technology	United States
AICPA	suspend sale and delivery of services indefinitely	Utilities	United States
Air Astana	suspend flights to Russia	Consumer Discretionary	Kazakhstan
Airbus	suspend supply of parts to Aeroflot	Industrials	Netherlands
Akamai	suspend sales in Russia	Information Technology	United States
Akin Gump	suspend operations in Russia	Industrials	United States
AL-KO Vehicle Technology	suspend deliveries to Russia and Belarus	Consumer Discretionary	Germany
Alimentation Couche-Tard	suspend operations	Consumer Staples	Canada
Alphabet	suspend all operations in Russia	Communication Services	United States
Alstom	suspend shipments to Russia	Industrials	France
AM Best	suspend all commercial activities to Russian clients	Information Technology	United States
Amazon	suspend operations in Russia	Consumer Discretionary	United States
Ambarella	suspend shipments into Russia	Information Technology	United States
American Express	suspend operations in Russia	Financials	United States
Amway	suspend operations in Russia	Consumer Staples	United States
Analog Devices	suspend sales to Russia according to sanctions		United States
Aon PLC	suspend operations in Russia	Financials	United Kingdom
Apple	suspend all sales	Information Technology	United States
ARM	suspend shipments according to sanctions		United Kingdom
ASBIS	suspended economic activities in Russia		Cyprus
Asian Infrastructure Investment Bank	curtail Russian access to capital markets	Financials	China
Association of International Certified Professional Accountants	indefinite suspension of services within Russia	Industrials	United States
Aston Martin	suspend all shipments to Russia	Consumer Discretionary	United Kingdom
Atlas Copco	suspend deliveries in Russia	Industrials	Sweden
Atlassia	suspend software sales to Russia	Information Technology	Australia
Audi	suspend operations at Kaluga assembly plant	Consumer Discretionary	Germany
Azerbaijan Airlines	suspend flights to Russia	Consumer Discretionary	Azerbaijan
B Lab	suspend Russian companies from obtaining certifications	Utilities	United States
Badminton World Federation	cancel all tournaments
Bang & Olufsen	suspended deliveries and sales to Russia	Consumer Discretionary	Denmark
Bank of China	curtail Russian access to capital markets	Financials	China
Bentley	suspend all shipments to Russia	Information Technology	United States
Big Fish Games	suspend downloadable game business in Russia	Consumer Discretionary	United States
BMW	suspend exports to and production in Russia	Consumer Discretionary	Germany
BNP Paribas	suspend new business in Russia/curtail financing	Financials	France
Boeing	suspend operations in Russia/titanium purchases	Industrials	United States
Bombardier	restrict Russian business	Industrials	Canada
Boosteroid Cloud Gaming	suspend services to Russia	Utilities	United Arab Emirates
Boryszew	suspended operations in Russia	Materials	Poland
Brav	suspend sales and operations in Russia		Norway
Bridgestone Tire	suspend manufacturing in Russia and shipments into	Consumer Discretionary	Japan
BUDVAR Centrum Sp.			Poland
Budweiser Budvar	suspends production and supply of beer	Consumer Staples	Czech Republic
Burberry	suspend all shipments to Russia	Consumer Discretionary	United Kingdom
Burger King (Restaurant Brands)	halt corporate support for franchises	Industrials	United States
Buta Airways	suspend flights to Russia	Consumer Discretionary	Azerbaijan
Canada Goose	suspend all shipments to Russia	Consumer Discretionary	Canada
Canadian Tire	close Russia stores	Consumer Discretionary	Canada
Canon	suspend deliveries in Russia	Information Technology	Japan
CBRE	discontinue Russian business	Real Estate	United States
CCC	suspends operations in Russia (delivery to Russia, further expansion)	Information Technology	Poland
CERN	suspend Russia’s obeserver status; halt new collaborations	Utilities	Switzerland
Chanel	suspend all operations in Russia	Consumer Discretionary	France
Chevron	Pausing all transactions and sales of refining products, lubricants, and chemicals	Energy	United States
Chipperfield	suspend operations in Russia	Consumer Discretionary	United Kingdom
Cie Automotives	temporarily shut down aluminum plant	Consumer Discretionary	Spain
Ciena	suspend business operations in Russia	Information Technology	United States
Cisco	suspend all operations in Russia	Information Technology	United States
Citi	expand the scope of the exit process	Financials	United States
Citrix	suspend all sales to Russia	Information Technology	United States
Cleary Gottlieb	suspend Russian operations	Industrials	United States
Clorox	suspend business activity in Russia	Consumer Staples	United States
Clutch	suspend all business activity	Utilities	United States
CMA CGM	suspend all shipments to Russia	Industrials	France
CME Group	suspend acceptance of certain Russian commodities	Financials	United States
CNH Industrial	suspend sales to Russia		Italy
Coca-Cola	suspend certain operations in Russia	Consumer Staples	United States
Cogent Communications	cut all internet to Russia	Communication Services	United States
Commerzbank	suspend operations in Russia	Financials	Germany
Conde Nast	suspend all publishing operations	Utilities	United States
Conformis	suspend distribution operations in Russia	Health Care	United States
Continental	suspend operations at a factory	Consumer Discretionary	Germany
Costco	stopped purchases from Russia	Consumer Discretionary	United States
Coty	suspend commercial operations in Russia	Consumer Staples	United States
Credit Agricole	suspend all services in Russia	Financials	France
Crocs	suspend D2C business	Consumer Discretionary	United States
d&b audiotechnik	suspend all shipments to Russia	Consumer Discretionary	Germany
DACHSER	suspend deliveries to Russia	Utilities	Germany
Danaher	suspended shipments to Russia except for humanitarian medical products	Industrials	United States
Dassault Aviation	suspend all shipments to Russia	Industrials	France
Debevoise & Plimpton	suspend operations in Russia	Industrials	United States
Decathlon	suspend the operation of its stores in Russia	Consumer Discretionary	France
Dell	suspend all shipments to Russia	Information Technology	United States
Depositphotos	stop all sales and services to Russia	Utilities	Ukraine
Deutsche Bank	wind down business in Russia	Financials	Germany
DHL	suspend all shipments to Russia	Industrials	Germany
Diageo	suspend all shipments to Russia	Consumer Staples	United Kingdom
DirecTV	cut Kremlin backed TV networks	Communication Services	United States
Discover	suspend efforts to establish Russian presence	Communication Services	United States
Disney	pause new content releases	Communication Services	United States
DPD	suspend shipments to Russia	Industrials	Germany
DSV A/S	suspend all shipments to Russia	Industrials	Denmark
Dunkin Donuts	halt corporate support for franchisees	Consumer Discretionary	United States
DuPont	suspend operations in Russia and Belarus	Materials	United States
eDreams ODIGEO	cease all operations involving Russia	Consumer Discretionary	Spain
Edrington	suspend all shipments to Russia	Consumer Staples	United Kingdom
Egon Zehnder	stop operations in Russia	Industrials	United States
Electrolux	suspending all shipments into Russia		Sweden
Elopak	suspends all activities	Materials	Norway
Embraer	suspend supplying parts and services to Russia	Industrials	Brazil
Epiroc	pause all deliveries to Russia and no operations domestically	Consumer Staples	Sweden
Eppendorf SE	suspend exports to Russia; keep rep office open	Health Care	Germany
Epson	suspend exports to Russia & Belarus	Consumer Discretionary	Japan
Equinix	suspend Russian partnerships and customers	Real Estate	United States
Ericsson	suspend all shipments to Russia	Information Technology	Sweden
Estee Lauder	suspend operations in Russia	Consumer Staples	United States
European University Association	cease cooperation with governmental agencies in Russia
Exor	holding company’s assets are suspending operations	Financials	Netherlands
FedEx	suspend all shipments to Russia	Industrials	United States
Ferrari	suspend sales in Russia	Consumer Discretionary	Italy
FIDE	suspend Russian & Belarussian teams from participation in tournaments		Switzerland
Finnlines	suspend all traffic to Russia	Utilities	Finnland
Fiverr	suspend business	Utilities	Isarel
Ford	suspend joint ventures in Russia	Consumer Discretionary	United States
Foster + Partners	stop work on projects in Russia	Consumer Discretionary	United Kingdom
Fugro	suspend all projects in Russia		Netherlands
Fujitsu	cease orders and shipments to Russia	Consumer Discretionary	Japan
Galp	suspend Russian oil-product purchases; eliminate Russian exposure	Energy	Portugal
Garmin	stop all future trade with Russia		United States
Geberit	discontinue all operations in Russia but continue to pay employees	Industrials	Switzerland
Gestamp	stopped production	Consumer Discretionary	Spain
GetYourGuide	suspend all Russian operations	Utilities	Switzerland
GM	suspend all shipments to Russia	Consumer Discretionary	United States
Goodyear	suspend shipments of tires to Russia		United States
Graphisoft	suspended new activities, disabled access to our commercial services in Russia	Information Technology	Hungary
Grundfos	suspend all operations and sales in Russia		Denmark
Grupo Antolín	suspend operations in Russia	Consumer Discretionary	Spain
Grupo Bimbo	Suspended distribution of the Bimbo Brand at retail, but left Moscow Bimbo QSR plant operating for food service products	Consumer Staples	Mexico
H&M	suspend all shipments to Russia	Consumer Discretionary	Sweden
Hannover Re	halt underwriting business	Utilities	Germany
Hapag Lloyd	suspend all shipments to Russia	Industrials	Germany
HARIBO	suspend production to Russia	Consumer Staples	Germany
Harley-Davidson	suspending all business in Russia	Consumer Discretionary	United States
Hellenic Bottling Company	suspend operations in Russia	Consumer Staples	Greece
Herbalife	suspend sales and shipments to Russia	Consumer Staples	United States
Hermes	suspend all operations in Russia	Consumer Discretionary	France
Herzog & de Meuron	suspend work on Russian projects	Utilities	Switzerland
HHLA	suspend entry of Russian shipments at owned ports	Financials	Germany
Hitachi Construction	suspend all shipments to Russia	Industrials	Japan
HMM	suspend all shipments to Russia	Industrials	South Korea
Honda	suspend all shipments to Russia	Consumer Discretionary	Japan
Honey Group	suspend sales to Russia	Consumer Staples	Finland
Honeywell	suspend virtually all sales in Russia	Industrials	United States
HP Enterprise (Independent from HP Inc.)	suspend all shipments to Russia	Industrials	United States
HP Inc.	suspend all shipments to Russia	Information Technology	United States
Hugo Boss	temporarily close stores and e-commerce sites	Consumer Discretionary	Germany
Hyundai	suspend manufacturing in Russia	Consumer Discretionary	South Korea
Iberia	canceling flights to Russia	Consumer Discretionary	Spain
IBM	suspend technology sales to Russia on Feb 24	Information Technology	United States
ICBC	curtail Russian access to capital markets	Financials	China
Ikea	suspend all operations in Russia	Consumer Discretionary	Sweden
Illinois Tool Works	suspension of sales to Russia		United States
Imperial Brands	suspend operations in Russia	Consumer Staples	United Kingdom
Indeed	suspend service in Russia	Industrials	United States
Inditex	close Russian stores and suspend sales	Consumer Discretionary	Spain
Institute of Internal Auditors	suspend business in Russia	Consumer Discretionary	United States
Intel	suspend sales to Russia	Information Technology	United States
Interactive Advertising Bureau	suspend licensing in Russia and Belearus	Utilities	United States
Intercomm Foods	Stopping shipments to Russia	Consumer Staples	Greece
International Canoe Federation	suspend Russian athletes & relocate Russian events
International Federation of Sport Climbing	suspend Russian teams from participation; supend Russian events
International Paraolympic Committe	bar Russian atheletes
Intuit	suspend customer accounts	Information Technology	United States
Jablotron	halts sales and blocks data services to products assempled in Russia	Consumer Discretionary	Czech Republic
Jaguar	suspend all shipments to Russia	Consumer Discretionary	United Kingdom
JCB	suspend operations in Russia	Financials	Japan
JD Sports	suspend operations in Russia	Consumer Discretionary	United Kingdom
Johnson Controls	suspend operations in Russia	Industrials	Ireland
Julipedra	suspended exports to Russia	Materials	Portugal
Jungheinrich	keep Russia office; stop exports to Russia	Industrials	Germany
Juniper Networks	suspend sales in Russia	Information Technology	United States
Kemira	suspend deliveries to Russia	Consumer Discretionary	Finland
Kepenou Mills	stop wheat orders from Russia	Consumer Staples	Greece
Kering	close all stores in Russia	Consumer Discretionary	France
Kerry Group	suspending operations	Consumer Staples	Ireland
KGHM	suspended Russian contracts, subsidiary ZANAM Vostok in Russia	Materials	Poland
Kinross Gold	suspend operations in Russia	Materials	Canada
Knight Frank	suspend substantive operations in Russia	Real Estate	United Kingdom
Komatsu	suspend all shipments to Russia	Industrials	Japan
KONE	suspend deliveries to Russia & stop new Russian orders	Consumer Discretionary	Finland
Konica Minolta	new shipments suspended	Consumer Discretionary	Japan
Korn Ferry	suspend business in Russia	Communication Services	United States
Kurokesu	suspend shippments to Russia	Consumer Discretionary	Lithuania
L’Occitane	close all stores and e-commerce site in Russia		France
L’Oreal	suspend operations in Russia	Consumer Discretionary	France
LCBO	suspend Russian-produced products	Consumer Staples	Canda
Lego	suspend all shipments to Russia	Industrials	Denmark
Leica Camera AG	suspend operations in Russia	Information Technology	Germany
Leonardo	pause all JVs in Russia; helicopter production		Italy
Levi Strauss	suspend all sales in Russia	Information Technology	United States
Lexmark	suspend shipments to Russia	Consumer Discretionary	United States
LG Electronics	suspend all shipments to Russia	Materials	South Korea
Lindt-Sprungli	suspend operations in Russia	Industrials	Switzerland
Little Caesar’s	suspend Russian franchise support	Communication Services	United States
Lladró	suspended service and shipment to Russia. No new requests	Consumer Discretionary	Spain
Logitech	suspend shipments to Russia	Financials	Switzerland
Louis Dreyfus	suspend operations in Russia	Consumer Staples	Netherlands
Lumen	cut networks to Russia	Communication Services	United States
LUSH	suspend online sales & supply to Russia	Consumer Discretionary	United Kingdom
LVMH	suspend all operations in Russia	Consumer Discretionary	France
M&G	phased divestment of Russian assets	Consumer Discretionary	United Kingdom
Maersk	suspend all shipments to Russia	Industrials	Denmark
Magna	suspend Russian plants	Consumer Discretionary	Canada
Magna Steyr	suspend deliveries to Russia		Austria
Mango	suspend direct operations in Russia		Spain
Mannheimer Swartling	suspend all operations	Utilities	Sweden
Manolo Blahnik	suspend sales to Russia	Consumer Discretionary	United Kingdom
Marks & Spencer	suspend all shipments to Russia	Consumer Staples	United Kingdom
Marvell	suspend all sales to Russia in compliance with sanctions		United States
Mastercard	suspend operations in Russia	Information Technology	United States
Mattel	suspend shipments into Russia	Consumer Discretionary	United States
Mazda	suspend all shipments to Russia	Consumer Discretionary	Japan
McCain Foods	suspend operations in Russia	Consumer Staples	Canada
McCormick	suspend operations in Russia	Consumer Staples	United States
McDonald’s	suspend direct operations/restaurants	Consumer Discretionary	United States
Meggit	cease all imports and exports with Russia	Industrials	United Kingdom
Mercedes-Benz	suspend all shipments to Russia	Industrials	Germany
Meta	suspend Russian advertising	Communication Services	United States
Metsa	suspend operations at Russian mill		Finland
Metso Outotec	suspend all shipments to Russia	Industrials	Finland
Mettler Toledo	suspend all shipments to Russia	Health Care	United States
Michelin	suspended all operations in Russia	Consumer Discretionary	France
Micron	Suspend shipments to Russia according to sanctions		United States
Milk Hydrosan sp. z o.o.	suspended Russian contracts	Industrials	Poland
Mitsubishi Motors	suspended operations at Russian plant		Japan
Mobatime (Elekon)	stopped activity and remotly stopped clock on Russian Academy of Sciences	Consumer Discretionary	Czech Republic
Moncler	suspend operations in Russia	Consumer Discretionary	Italy
MongoDB	suspend sales to Russia and Belarus		United States
Mothercare	suspend operations in Russia	Consumer Discretionary	United Kingdom
Motorola Solutions	suspend service orders to Russia		United States
Munich Re	not renew current contracts & suspend new business		Germany
MV Group	suspends all imports and orders, froze partner brands	Consumer Staples	Lithuania
MVRDV	suspend operations in Russia	Industrials	Netherlands
Namecheap	stop offering products to Russia	Information Technology	United States
NCR	suspend sales to Russia	Information Technology	United States
Nemak	halt production in Russia	Consumer Discretionary	Mexico
Neste Oyj	suspend purchases of Russian oil	Energy	Finland
NetApp	suspend business operations in Russia	Information Technology	United States
New Development Bank	curtail Russian access to capital markets	Financials	China
NHL	pause all partnerships in Russia	Financials	United States
Niantic Labs	products made unavailable in Russia	Consumer Discretionary	United States
Nike	suspend all operations in Russia	Consumer Discretionary	United States
Nintendo	suspend all sales in Russia	Communication Services	Japan
Nissan	suspend all shipments to Russia	Consumer Discretionary	Japan
Nozbe	cut off services for Russia and Belarus	Utilities	Poland
Nutanix	pause all sales and support to Russia	Information Technology	United States
Nvidia	suspend all sales in Russia	Information Technology	United States
NXP Semiconductors	suspend all shipments to and business with Russia	Information Technology	Netherlands
Olvi	stop exports to Russia	Consumer Staples	Finland
Oracle	suspend all operations in Russia	Information Technology	United States
Panasonic	suspend operations in Russia	Consumer Discretionary	Japan
Papa John’s	suspend support for all Russian franchises	Consumer Discretionary	United States
Paramount	pause new content releases to Russia	Communication Services	United States
Payoneer	close Russian accounts	Information Technology	United States
Paypal	suspend operations in Russia	Information Technology	United States
Peak Design	shut down sales to Russia	Consumer Staples	United States
Pernod-Ricard	suspended all operations in Russia	Consumer Staples	France
Pivovary Staropramen	suspended beer exports	Consumer Staples	Czech Republic
Plzeňský Prazdroj	suspend sales to Russia	Consumer Staples	Czech Republic
Polaris	suspend exports to Russia		United States
Ponsse PLC	discontinue all operations in Russia	Industrials	Finland
Porsche	end shipments of new cars; dealerships running and warranty obligations honored	Consumer Discretionary	Germany
Prada	suspend operations in Russia	Consumer Discretionary	Italy
Preem AB	suspend purchases of Russian oil	Energy	Sweden
Puma	suspend all shipments to Russia	Consumer Discretionary	Germany
PVH	suspend operations in Russia	Consumer Discretionary	United States
QS	cease activity with Russian customers & cease promotion of Russian universities		United Kingdom
Qualcomm	suspend shipments to Russia	Information Technology	United States
Rabobank	curtail Russian access to capital markets	Financials	Netherlands
Rakovnický Pivovar	stopped exports and withdrew some products for sale in Russia	Consumer Staples	Czech Republic
Ralph Lauren	pause operations in Russia	Consumer Discretionary	United States
Raytheon	suspend operations in Russia	Industrials	United States
Reima	suspend all sales into Russia		Finland
Remitly Global	stop accepting new users in Russia	Information Technology	United States
Renault	suspend operations in Russia	Consumer Discretionary	France
Richemont	suspend all operations in Russia	Consumer Discretionary	Switzerland
Ricoh	suspend shipments to Russia	Information Technology	Japan
Roca	closure of plants	Consumer Discretionary	Spain
Rockwell Automation	suspend operations in Russia	Industrials	United States
Rolls Royce	suspend all shipments to Russia	Industrials	United Kingdom
Rovio	remove games from app stores in Russia	Utilities	Finland
Royal Society of Chemistry	pause activities with Russian institutions		United Kingdom
Safran	stop all activities in Russia	Industrials	France
Samsonite International	suspend operations in Russia	Consumer Discretionary	Luxembourg
Samsung	suspend all shipments to Russia	Information Technology	South Korea
Sandvik	suspend all operations in Russia	Industrials	Sweden
SAP	stop all sales to Russia and shut down cloud operations	Information Technology	Germany
Scandinavian Tobacco	suspend most operations in Russia	Consumer Staples	Denmark
Scania	suspend all sales in Russia	Industrials	Sweden
Schwarz Group	stop sales of Russian products in stores		Germany
SKF	pause exports to Russia and stop production in Russia	Industrials	Sweden
Skytrax	suspend all audit and rating analysis		United Kingdom
Snap	suspend all sales to Russia	Communication Services	United States
SonoSim	suspend distributor relationship in Russia	Health Care	United States
Sony	pause release of new films in Russia, suspending console and game sales in Russia	Consumer Discretionary	Japan
SSAB	shipments and sales to Russia discontinued		Sweden
Starbucks	suspend all operations in Russia	Consumer Discretionary	United States
Stellantis	suspend operations in Russia	Consumer Discretionary	Netherlands
Stora Enso	stop all production and sales in Russia	Materials	Finland
Storytel	pause operations in Russia	Utilities	Sweden
Subaru	suspend all shipments to Russia	Consumer Discretionary	Japan
Sumitomo Group	scaling back or suspending all Russian-related business		Japan
Supercell	remove games from app stores in Russia	Utilities	Finland
Swatch	suspend direct operations in Russia	Consumer Discretionary	Switzerland
Sylvamo	suspend operations in Russia	Materials	United States
Systemair	suspend all sales to Russia		Sweden
T Machinery	Stopped cooperation	Industrials	Czech Republic
Tanin	goods are stopped	Consumer Discretionary	Slovenia
Tendam	suspend activity in Russia	Consumer Discretionary	Spain
The Navigator Company	suspend all marketing in Russia	Materials	Portugal
Thermo Fisher	suspend sales and manufacturing in Russia	Health Care	United States
TikTok	suspend operations in Russia	Communication Services	United States
Timken	suspend operations in Russia	Industrials	United States
Tous	close shops and online store in Russia	Consumer Discretionary	Spain
Toyota	suspend all shipments to Russia	Consumer Discretionary	Japan
Trane Technologies	suspend shipments to Russia	Industrials	Ireland
Trelleborg Group	suspended deliveries and sales to Russia	Industrials	Sweden
Trimble	suspend all sales in Russia	Information Technology	United States
TSMC	suspend all shipments to Russia	Information Technology	Taiwan
TTC Holding	suspended activities	Real Estate	Czech Republic
Twin Disc	suspend all shipments to Russia	Industrials	United States
Twitter	suspend certain operations in Russia	Communication Services	United States
Ubisoft	suspend new sales to Russia	Utilities	France
UiPath	suspend sales in Russia		United States
UL	stop all work in Russia and Belarus		United States
Under Armour	suspend all shipments to Russia	Consumer Discretionary	United States
Uniqlo/Fast Retailing	suspend operations in Russia	Industrials	United States
Universal	suspend operations in Russia	Health Care	United States
UPM	temporarily suspend operations and sales in Russia		Finland
UPS	suspend all shipments to Russia	Industrials	United States
Valero Energy	suspend purchases of Russian oil	Energy	United States
Vičiūnai	suspended all investments, operations, productions, and trade	Consumer Staples	Lithuania
Vietnam Airlines	suspend flights to Russia	Consumer Discretionary	Vietnam
Visa	suspend operations in Russia	Information Technology	United States
Viva	suspend purchases of Russian oil	Energy	Australia
VMWare	suspend operations in Russia	Information Technology	United States
Volkswagen	suspend all shipments to Russia	Consumer Discretionary	Germany
Volvo	suspend all shipments to Russia	Industrials	Sweden
WarnerMedia	pause new content releases	Communication Services	United States
WEKA	suspend business and concrete deals with Russia	Information Technology	United States
Western Union	suspend operations in Russia	Information Technology	United States
WeTransfer	suspend all services in Russia	Financials	United States
William Grant & Sons	suspend all shipments to Russia	Consumer Staples	United Kingdom
Wise PLC	suspend Russian partnerships	Information Technology	United Kingdom
Wizz Air	Air flights to/from Russia are temporarily suspended	Industrials	Hungary
Xerox	suspend shipments to Russia	Information Technology	United States
Yara	suspend all imports from Russia		Norway
YKK Group	suspend operations in Russia	Industrials	Japan
Yokohama	halt production in Russia	Industrials	Japan
Zegna Group	suspended all shipments to and production for Russia partners		Italy
Zetor	suspend all cooperation with Russia	Industrials	Czech Republic
ZHA	suspend operations in Russia	Industrials	United Kingdom
Zynga	suspend all installations, monetization and marketing support	Utilities	United States

Withdrawal

Clean Break – Surgical Removal, Resection (288 Companies) (Grade: A)

Companies totally halting Russian engagements or completely exiting Russia…

Name	Action	Industry	Country
Accenture	exiting Russia completely	Information Technology	Ireland
Accountor	withdrawal from Russia	Information Technology	Finland
Acronis	suspend operations in Russia	Information Technology	Switzerland
Activision Blizzard	suspend all sales in Russia	Communication Services	United States
Adamed	halted sales to Russia	Health Care	Poland
Adenza	suspend operations in Russia	Industrials	United Kingdom
AECOM	suspend operations in Russia	Industrials	United States
AerCap	cease lending to Russians	Industrials	Ireland
Air Malta	suspend all flights to and from Russia	Industrials	Malta
Air Products	full divestiture from Russia	Materials	United States
AirBaltic	leave Russian market until further notice	Consumer Discretionary	Latvia
Airbnb	suspend bookings in Russia	Consumer Discretionary	United States
Akvelon	close offices in Moscow	Information Technology	United States
Alaska Airlines	suspend Russian partnerships	Industrials	United States
Alcoa	suspend all business with Russia	Materials	United States
Aldi	remove products from Russia	Consumer Staples	Germany
Allegro	bans Russian & Belarussian products	Consumer Discretionary	Poland
Allen & Overy	wind down Russian operations	Industrials	United Kingdom
AMD	suspend all sales to Russia	Information Technology	United States
American Airlines	no flying over Russian airspace/suspension of Russian partnerships	Industrials	United States
Amica	suspended Russian exports	Consumer Discretionary	Poland
ArcelorMittal	removed all Russian materials from supply chain	Materials	Luxembourg
Arendt & Medernach	close Russian office and suspend select Russian client engagements	Industrials	Luxembourg
Arla	suspends all operations	Consumer Staples	Denmark
Asda	remove products from Russia	Consumer Staples	United Kingdom
Asos	suspend all shipments to Russia	Consumer Discretionary	United Kingdom
Assicurazioni Generali	exit Russia completely	Financials	Italy
Atos	exit from Russia	Information Technology	France
Atria	exit business in Russia	Consumer Staples	Finland
Authentic Brands Group – Reebok	successfully completed suspension of all operations	Industrials	United States
Autodesk	suspend operations in Russia	Information Technology	United States
Avantor	discontinue all sales into Russia, direct and indirect		United States
Avery Dennison	exit Russian operations	Materials	United States
Avid	suspend all sales to Russia	Information Technology	United States
Bain	suspend consulting for all Russian businesses	Financials	United States
Baker Botts	suspend operations in Russia	Industrials	United States
Baker McKenzie	suspend services for all Kremlin entities only	Industrials	United States
Baker Tilly	gradual wind down of operations in Russia	Industrials	United Kingdom
Bakoma	withdrew from Russia completely prior to aggression	Consumer Staples	Poland
Ball Corporation	leave Russia completely	Materials	United States
Banco Santander SA	no presence in Russia; exposure to Ukrainian and Russian assets negligible	Financials	Poland
BBDO	exit Russian operations	Communication Services	United States
BCG	suspend all consulting in Russia	Industrials	United States
Bestseller	stop all sales to Russia		Denmark
BlackRock	curtail Russian access to capital markets	Financials	United States
Bolt	suspend Russian partnerships	Information Technology	Estonia
Bonava	close operations in Russia		Sweden
Boohoo Group	suspend all shipments to Russia	Consumer Discretionary	United Kingdom
Booking	suspend bookings in Russia	Consumer Discretionary	United States
Bose	suspend all operations in Russia	Consumer Discretionary	United States
BP	suspend operations/divest from 20% Rosneft stake	Energy	United Kingdom
British American Tobacco	exit Russian operations	Consumer Staples	United Kingdom
Brown-Forman	suspend commercial operations in Russia	Consumer Staples	United States
Bryan Cave	exit Russian operations	Industrials	United States
Bumble	suspend operations in Russia	Communication Services	United States
Cargolux	suspend all shipments into and through Russia	Industrials	Luxembourg
Carlsberg	exit Russia completely	Consumer Staples	Denmark
Carnival	discontinue Russia itineraries	Consumer Discretionary	United States
CD Projekt	suspends sales of products in Russia & Belarus	Communication Services	Poland
Centrica	exit gas supply partnership with Gazprom	Utilities	United Kingdom
Ceratizit	stop all deliveries to Russia and Belarus	Industrials	Luxembourg
Cersanit	put up its Russian business for sale		Poland
Ciech	suspended Russian exports	Materials	Poland
Clarivate	exit Russian operations	Industrials	United Kingdom
Clifford Chance	suspend certain Russian relationships	Industrials	United Kingdom
Colliers	Discontinued business in Russia	Real Estate	Canada
Comarch	halts orders from Russia & Belarus	Information Technology	Poland
Compass Group	permanently exit Russian market	Consumer Staples	United Kingdom
Coop	fully divest Russian operations Transgourmet via management buyout	Financials	Switzerland
Coupa	suspend operations in Russia	Information Technology	United States
Coursera	suspend operations in Russia	Consumer Discretionary	United States
CRH	withdrawal from Russia	Materials	Ireland
Cummins	exit Russian operations	Industrials	United States
Currency.com	halting operations for residents of Russian	Financials	United Kingdom
Cushman & Wakefield	close office in Russia; transfer to local partner	Real Estate	United States
Cyfrowy Polsat	removing Russian TV channels from the offer	Communication Services	Poland
Daimler	suspending all business in Russia	Consumer Discretionary	Germany
Danfoss	exit Russia completely		Denmark
DB Schenker	suspend all shipments to Russia	Industrials	Germany
DDB	exit Russian operations	Industrials	United States
Dechert	suspend operations in Russia	Industrials	United States
Deezer	suspend operations in Russia	Communication Services	France
Deichmann	stop operations in Russia	Consumer Discretionary	Germany
Deloitte	leaving Russia completely	Industrials	United States
Delta Air Lines	suspend agreement with Aeroflot	Industrials	United States
Demant	stop all sales to Russia		Denmark
Dentons	exit Russian operations	Industrials	Switzerland
Dentsu International	divest joint venture/leave Russia	Communication Services	United Kingdom
Deutsche Telekom	close Russian business	Communication Services	Germany
Dino Polska	removed Russian products	Consumer Staples	Poland
DLA Piper	suspend certain operations in Russia	Industrials	United States
Dr. Oetker	stops sales and production in Russia; transferred ownership of production facilities	Consumer Staples	Germany
DXC Technology	leaving Russia completely	Information Technology	United States
EarthDaily Analytics	suspend operations in Russia	Industrials	United States
eBay	suspend all shipments to Russia	Consumer Discretionary	United States
edX	withdraw from all Russian partnerships		United States
Electronic Arts	suspend all operations in Russia	Communication Services	United States
Elisa Esports	ban Russian teams from participating in tournaments	Utilities	Finland
ENEOS	stop purchases of Russian crude		Japan
Eni	divest Russian pipeline	Energy	Italy
EPAM	discontinue servicing Russian customers	Information Technology	United States
Equinor	exit joint ventures in Russia	Energy	Norway
Esri	curtailing sales to Russia	Information Technology	United Kingdom
Etsy	deactivate all listings from Russian sellers	Consumer Discretionary	United States
Eurovision	ban on all Russian competition	Financials	United Kingdom
Eversheds Sutherland	close Russia office	Industrials	United Kingdom
Expedia	suspend bookings in Russia	Consumer Discretionary	United States
Exxon	exit Rosneft partnership	Energy	United States
EY	leaving Russia completely	Industrials	United States
Famur	suspended Russian exports	Industrials	Poland
Farfetch	suspend all shipments to Russia	Consumer Discretionary	United Kingdom
Fazer	suspend operations in Russia	Consumer Staples	Finland
Ferragamo	suspend all shipments to Russia	Consumer Discretionary	Italy
FICO	exiting all work in Russia	Information Technology	United States
FIFA	ban Russian athletes from competing	Industrials	Switzerland
Fiskars	withdraw completely from the Russian market	Consumer Discretionary	Finnland
Fitch	suspend operations in Russia	Financials	United States
FMC Corporation	discontinue all business and operations	Materials	United States
Fonterra	exit its businesses in Russia.	Consumer Staples	New Zealand
Formula One	suspend all operations in Russia	Communication Services	United Kingdom
Fortinet	suspend operations in Russia	Information Technology	United States
Freshfields	closing business in Russia	Industrials	United Kingdom
G2A	block marketplace for Russian users	Communication Services	Netherlands
Geodis	suspend all shipments to Russia	Industrials	France
Global Foundries	suspend all shipments to Russia	Information Technology	United States
GoDaddy	discontinue all Russian services	Information Technology	United States
Gowling	leave Russia	Utilities	Canada
Grainpro	suspend all operations in Russia	Materials	United States
Grammarly	suspend operations in Russia	Information Technology	United States
Grant Thornton	closing business in Russia	Industrials	United States
Grohe	cease all activities with Russia		Germany
Grupa Azoty	stopped exporting its products to Russia or Belarus	Materials	Poland
Haniel	unwind all Russian business	Materials	Germany
Heidrick & Struggles	ceased all operations in Russia	Industrials	United States
Heineken	exit Russia completely	Consumer Staples	Netherlands
Hempel	exit Russia	Industrials	Denmark
Herbert Smith Freehills	suspend operations in Russia	Industrials	Australia
Hogan Lovells	exit Russian operations	Industrials	United Kingdom
Holcim	exit Russian market completely	Materials	Switzerland
Huhtamaki	divest Russian operations		Finland
Infosys	shutting down operations in Russia		India
InPost	stop purchasing services/goods from Russian & Belorussian companies	Industrials	Poland
Intercontinental Exchange	curtail Russian access to capital markets	Financials	United States
International Boxing Federation	ban on all Russian competition	Industrials	France
International Cat Federation	ban Russian cats from competitions	Industrials	Canada
International Cycling Union	ban on all Russian competition		United States
International Ice Hockey Federation	ban on all Russian competition		Switzerland
International Skating Union	ban on all Russian competition		Switzerland
International Tennis Federation	suspend Russian partnerships	Industrials	United Kingdom
International Weightlifting Federation	ban on all Russian competition		Switzerland
Interpublic Group	exit Russian operations	Communication Services	United States
IOC	ban Russian athletes from competing		Switzerland
ISS	divestment of all Russian business by end of year		Denmark
J Sainsbury	remove products from Russia	Consumer Staples	United Kingdom
Jabil	closed its site in Russia		United States
Jamie Oliver	exit franchise agreement	Consumer Staples	United Kingdom
Jan de Nul	close rep office and withdraw ships	Industrials	Luxembourg
JetBrains	suspend all activity indefinitely	Information Technology	Czech Republic
JLL	Separated operations in Russia.	Real Estate	United States
JYSK	suspend operations in Russia	Financials	Denmark
Kalnapilis-Taurus	termination of export ties and production in Russian Market		Lithuania
Kearney	suspend work with Russian clients	Industrials	United States
Kesko	stop sales to Russia and imports from Russia		Finland
Kiilto	seeking exit from Russian business		Finland
Kingspan	suspend operations in Russia	Industrials	Ireland
KLP	exit all investment holdings in Russia		Norway
Knorr-Bremse	stop shipments to Russia; end JVs	Industrials	Germany
Konecranes	stop all orders from Russia		Finland
Korean Air Lines	no flying over Russian airspace until the end of April	Industrials	South Korea
KPMG	leaving Russia completely	Industrials	United States
Krispy Kreme	winding down business in Russia	Consumer Discretionary	United States
Krombacher	stopped exports to Russia	Consumer Staples	Germany
Kuehne + Nagel AG	suspend all shipments to Russia	Industrials	Switzerland
Latham & Watkins	suspend operations in Russia	Consumer Discretionary	United States
Lincoln Electric	ceased all operations	Consumer Discretionary	United States
Linklaters	suspend operations in Russia, with entities connected to the Russian state	Consumer Discretionary	United Kingdom
Live Nation Entertainment	suspend all operations in Russia	Information Technology	United States
London Stock Exchange Group	curtail Russian access to capital markets	Consumer Staples	United Kingdom
LPP	left Russia	Consumer Discretionary	Poland
Lufthansa	suspended flights and ended Russian aircraft maintenance	Industrials	Germany
Marsh McLennan	exit operations in Russia	Financials	United States
McKinsey	suspend all consulting in Russia	Industrials	United States
Mitsubishi Electric	stop sales to Russia		Japan
Mitsubishi UFJ Financial Group	close operations in Russia		Japan
Monroe Energy	suspend partnerships with Russia	Energy	United States
Moody’s	suspend operations within Russia	Financials	United States
Morgan Advanced Materials	suspend all operations in Russia	Industrials	United Kingdom
Morgan Lewis	suspend operations in Russia	Industrials	United States
Morrisons	remove products from Russia	Consumer Staples	United Kingdom
MSC	temporary suspension of all shipments to Russia	Financials	United States
MSCI	curtail Russian access to capital markets	Financials	United States
Nasdaq	curtail Russian access to capital markets	Financials	United States
Naspers	separate from Avito and fully exit Russia	Consumer Discretionary	South Africa
NCAB Group AB	Sold assets and ceased operations in Russia	Industrials	Sweden
Netflix	suspend operations in Russia	Communication Services	United States
Netscout	suspend Russian operations	Information Technology	United States
Nokia	pulling out of Russia completely	Information Technology	Finland
Norton Rose Fulbright	exit from Russia	Industrials	United Kingdom
Norwegian Cruise Lines	discontinue Russian itineraries	Consumer Discretionary	United States
OBI	suspend operations in Russia	Consumer Discretionary	Germany
Oceania Cruises	discontinue Russian itineraries	Consumer Discretionary	United States
Omnicom Group, Inc.	exit Russian operations	Communication Services	United States
Omnicom Media Group	exit Russian operations	Communication Services	United States
OneWeb	suspend use of Russian airspace	Communication Services	United States
Orkla	exit Russian operations	Consumer Staples	Norway
Orlen Lietuva	stopped Russian oil imports	Energy	Poland
Pandora	stop all sourcing from Russia		Denmark
Par Pacific	suspend partnerships with Russia	Energy	United States
Parker Hannifin	closed our office and warehouse facility in Moscow and no longer do business in this country		United States
Paulig	suspend operations in Russia	Consumer Staples	Finland
Pekao SA	transactions in Russian ruble suspended	Financials	Poland
PKO BP	suspends transactions with Russian banks transactions in Russian ruble suspended	Financials	Poland
Playmobil	stop all sales to Russia	Consumer Discretionary	Germany
Prio	ceased purchase of any products from Russian or directly related companies	Energy	Portugal
Prosus	divest from local subsidiary		Netherlands
Publicis Groupe	cede ownership to local affiliates	Communication Services	France
PwC	leaving Russia completely	Industrials	United States
PZU SA	reduced position in Russian bonds to zero	Financials	Poland
Qantas Airlines	no longer flies over Russian territory		Australia
R&A	ban on all Russian competition	Industrials	United States
Radio Free Europe	suspend operations in Russia	Communication Services	Czech Republic
Reckitt Benckiser Group	begins a process aimed at transferring ownership of its Russia business	Consumer Staples	United Kingdom
Regent Seven Seas Cruises	discontinue Russian itineraries	Consumer Discretionary	United States
Rio Tinto	terminate all commercial relationships with Russia		Australia
Roku	remove Kremlin-linked propaganda and ads	Communication Services	United States
Rolex	suspend exports to Russia	Consumer Discretionary	Switzerland
S Group	selling off all businesses in Russia		Finland
S Group (Suomen Osuuskauppojen Keskuskunta)	close all operations operations	Consumer Staples	Finland
S&P	curtail Russian access to capital markets		United States
Salesforce	suspend operations in Russia	Information Technology	United States
Savills	end partnerships in Russia	Real Estate	United Kingdom
Shell	suspend operations in Russia	Energy	United Kingdom
Sidley Austin	end all Russian relationships	Industrials	United States
Signet Jewelers	suspend operations in Russia	Consumer Discretionary	United States
SKF	end sales and production in Russia		Sweden
Skoda	halted production and stopped exports	Consumer Discretionary	Czech Republic
SMAY	stopped all Russian business		Poland
Societe Generale	cessation of all activities in Russia	Financials	France
Sonos	ceased all sales to this market at the onset of the war and blocked Russian state radio	Consumer Discretionary	United States
Spotify	closed office and other restrictions	Communication Services	Sweden
Squire Patton Boggs	suspend operations in Russia	Industrials	United States
Stanley Black & Decker	suspend operations in Russia	Industrials	United States
State Street	curtail Russian access to capital markets	Financials	United States
Stora Enso	stopped all production and sales	Materials	Finland
Storebrand	divest all Russian holdings		Norway
Strabag	winding down operations in Russia; terminating shareholder syndicate agreements with Deripaska		Austria
Swarovski	suspend all sales in Russia	Consumer Discretionary	Liechtenstein
Sweco	stop all projects in Russia		Sweden
Take-Two Interactive	suspend all sales in Russia	Communication Services	United States
Teknotherm Marine HVAC sp. z o.o.	complete withdrawal from Russia		Poland
Teradata	stopped all business in Russia	Information Technology	United States
TJ Maxx	divest Familia subsidiary	Consumer Discretionary	United States
TripAdvisor	remove Kremlin-linked propaganda and ads	Communication Services	United States
TUI	end brand-sharing agreement; had already exited	Consumer Discretionary	Germany
Uber	divest from partnership with Yandex	Industrials	United States
UEFA	ban Russian athletes from competing	Industrials	Switzerland
United Airlines	no flying over Russian airspace	Industrials	United States
United Internet Group	suspend all Russian contracts	Industrials	Germany
Upwork	suspend operations in Russia	Industrials	United States
Valio	close business operation in Russia	Consumer Staples	Finland
Vanguard	suspend operations in Russia	Financials	United States
Velux	permanently close operations in Russia and Belarus		Denmark
Vinmonopolet	stop sales of all Russian wine, spirits and strong beers in Norway		Norway
Vodafone	suspend partner agreement with MTS		United Kingdom
Volfas Engelman	suspend investment and withdraw from Russian market	Consumer Staples	Lithuania
Waitrose	remove products from Russia	Consumer Staples	United Kingdom
Wargaming	close operations; transfer of some business		Belarus
Waters Corporation	suspend all sales and services into Russia	Health Care	United States
WeWork	planning divestment of Russian operations	Real Estate	United States
Wex Inc.	ending relationship with Lukoil and subsidiaries	Information Technology	United States
White & Case	wind down Russian operations	Industrials	United States
Wielton	suspended Russian exports	Industrials	Poland
Willis Towers Watson	fully exit Russia and transfer ownership to local management	Financials	United Kingdom
Winston & Strawn	suspend operations in Russia	Industrials	United States
Women’s Tennis Association	suspend Russian partnerships	Communication Services	United States
World Athletics Council	ban on all Russian competition	Industrials	United States
World Boxing Association	ban on all Russian competition	Industrials	Panama
World Boxing Council	suspend Russia from title fights	Consumer Discretionary	Mexico
World Boxing Organization	ban on all Russian competition	Industrials	United States
World Federation of Exchanges	suspend all Russian members and affiliates		United Kingdom
World Rowing Federation	ban on all Russian competition	Industrials	United States
World Rugby Union	ban on all Russian competition	Industrials	Ireland
Woseba	suspends deliveries to Russia	Industrials	Poland
WPP PLC	suspend all operations in Russia	Communication Services	United Kingdom
WWE	suspend all operations in Russia	Communication Services	United States
YIT	exits Russia projects		Finland
YOOX	suspend all shipments to Russia	Consumer Discretionary	Italy
Żabka	halts orders from Russia & Belarus	Consumer Staples	Poland

The Guardian

Russia warns US of repercussions if it sends more arms to Ukraine – reports

Julian Borger in Washington – April 15, 2022

Russia sent a formal warning to the US not to send more arms to Ukraine or it could face “unpredictable consequences”, it has been reported.

According to the Washington Post, Moscow sent a diplomatic note, a démarche, warning that US and Nato deliveries of the “most sensitive” weapons systems to Ukraine were “adding fuel” to the conflict there and could bring “unpredictable consequences”.

A spokesperson said the state department did not confirm any diplomatic correspondence as a matter of course, and made clear that the US would continue to send arms to Ukraine.

Related: Russia’s war in Ukraine: complete guide in maps, video and pictures

“What we can confirm is that, along with allies and partners, we are providing Ukraine with billions of dollars worth of security assistance, which our Ukrainian partners are using to extraordinary effect to defend their country against Russia’s unprovoked aggression and horrific acts of violence,” the spokesperson said.

The Russian embassy in Ukraine did not respond to a request for comment.

The US is preparing to send the latest $800m (£610m) tranche of military aid to Ukraine, bringing to $2.6bn the total since the start of the war. The Biden administration has also made clear that it was sending increasingly heavy and sophisticated equipment, including helicopters, aerial and marine drones, and long-range 155mm howitzers, while training Ukrainian soldiers in their use.

The US is also sending additional anti-tank and anti-aircraft missiles of the sort that have contributed to the war effort so far in Ukraine. The Ukrainians claim to have sunk the Russian Black Sea fleet flagship Moskva on Thursday using Ukrainian-developed Neptune missiles. The UK has promised to send more anti-ship missiles to replenish stockpiles. Military experts believe that Ukraine’s anti-ship missile systems are what has deterred Russia up to now from attempting an amphibious landing around Odesa.

Related: German chancellor ‘stalling on heavy weaponry to Ukraine’

It is unclear whether Moscow has sent similar diplomatic notes to European countries. On Thursday, the German vice-chancellor, Robert Habeck, appeared to back down on his demands earlier in the week for the Ukrainian army to be provided with what it needed as soon as possible.

Habeck cited concerns about Russian reprisals. “Heavy weapons are synonymous with tanks, and all Nato countries have so far ruled this out to not become targets themselves,” he told Politico.

Nevertheless, the Czech Republic has already sent T-72 tanks and tracked armoured personnel carriers while the US is sending helicopters and howitzers.

• The main picture on this article was changed on 16 April 2022. An earlier photo was of a type of helicopter the US is not sending to Ukraine.

Business Insider

Ukrainian police say it appears many of the bodies discovered near Kyiv are civilians that were ‘simply executed’

Natalie Musumeci – April 15, 2022

• Ukrainian police said the bodies of more than 900 civilians have been found in the areas outside capital of Kyiv, the Associated Press reported.
• Kyiv regional police chief Andriy Nebytov it appears that the majority of them were “simply executed.”
• The harrowing discovery was made after Russian forces withdrew from the area around Kyiv.

Ukrainian police said on Friday that the bodies of more than 900 civilians have been found in the areas outside Ukraine’s capital of Kyiv — and that it appears many of them were “simply executed” by Russian troops.

Kyiv regional police chief Andriy Nebytov said that the bodies were discovered strewn in the streets in the region surrounding the capital or in temporary burial plots, the Associated Press reported.

Citing police data, Nebytov said that 95% of the slain civilians died from gunshot wounds, according to the news outlet.

“We understand that under the [Russian] occupation, people were simply executed in the streets,” Nebytov said, adding that the death toll is expected to rise as more bodies are found daily under debris and in mass graves, according to the AP.

The harrowing discovery was made after Russian forces withdrew from the area around Kyiv after several weeks of war with the eastern European country in which Russian troops failed to capture the capital.

Nebytov said more than 350 bodies were found in the Ukrainian town of Bucha alone, the AP reported.

Additionally, Nebytov said that utility workers in Bucha buried bodies in the Kyiv suburb when it was under Russian control and said Russian troops were “tracking down” people with pro-Ukrainian views, according to the AP.

Earlier this month, gruesome scenes of dead civilians emerged out of Bucha, sparking international outrage.

Business Insider

Ukraine says Russia is failing to recruit new troops because they know they’ll become ‘cannon fodder’

Joshua Zitser – April 15, 2022

• Russia failed to mobilize 26,000 reservists to fight in the Donbas, Ukraine’s defense ministry said.
• That’s because potential Russian recruits were afraid of becoming “cannon fodder,” the ministry said.
• Russia has lost multiple high-ranking officers in the face of surprisingly strong Ukrainian resistance.

Russia is failing to recruit new troops because potential conscripts are too afraid of dying in battle, Ukraine’s defense ministry told a Friday press briefing, citing military intelligence.

Russia had planned to mobilize 26,000 reservists to fight in the Donbas, but this effort ultimately failed because Russians were avoiding being conscripted, defense ministry spokesman Col. Oleksandr Motuzyanyk told the briefing.

“Males aged 18 to 65 make every attempt to avoid mobilization because they don’t want to become cannon fodder for the occupier’s army,” Motuzyanyk said.

Ukraine’s defense ministry claims it has killed about 20,000 soldiers and officers of the Russian army. This figure has not been independently verified.

Motuzyanyk told reporters that potential recruits had been promised that their duties would include “controlling occupied territories, guarding roads and military facilities, and improving the defense positions.”

The reality, he said, is they have been forced into battle to replace those killed in combat.

“As practical experience shows, such mobilized people are the first priority reserve to replenish losses of those units who are directly engaged in combat action against Ukraine,” Motuzyanyk said.

Multiple reports in recent weeks have described low morale among Russian forces in Ukraine. The BBC reported earlier this week that Russia’s losses in Ukraine included elite troops that take years and millions of dollars to train.

Mikhail Benyash, a lawyer representing Russian national guardsmen who were fired for refusing to go to Ukraine, told the Financial Times that hundreds of people had gotten in touch with him looking for advice on avoiding the war.