Which companies have withdrawn from Russia? Here is a list.

After Russian President Vladimir V. Putin ordered the invasion of Ukraine on February 24, multinational companies were forced to re-examine their ties with Russia. Some, like McDonald’s, PepsiCo and Shell, had built relationships with the country over decades and faced complicated deals to unravel.

Under pressure from investors and consumers, many Western companies have begun to unwind their investments, close stores and suspend sales in Russia.

On Thursday, Goldman Sachs became the first major US bank to announce it would leave the country. The Japanese clothing company that operates Uniqlo announced it would suspend operations, as did construction equipment maker Caterpillar. Burger King will end business support sites in Russia. And the maker of Jeep, Fiat and Peugeot vehicles has suspended imports and exports.

Here are some of the actions announced by the companies:

  • Fast Retailing, the Japanese clothing company that operates Uniqlo, has announced that it will suspend operations in Russia. The company has come under fire after its chief executive, Tadashi Yanai, told an interviewer that its stores would continue to sell clothes in Russia.

  • Philip Morris, the cigarette maker, has suspended planned investments and will reduce manufacturing in Russia.

  • Unileverwhich owns brands like Dove and Sunsilk, suspended imports and exports.

  • Ikea has done the same, although it will continue to operate its main shopping mall chain, Mega, in Russia to ensure customers have access to the essentials.

  • TJX, the owner of TJ Maxx and Marshalls, has promised to divest its stake in Familia, a discount retailer with more than 400 stores in Russia.

  • H&M, which had about 170 stores in Russia, suspended sales, as did Nike, with about 116 stores.

  • Canada Goosewhich is based in Toronto, will cease wholesale and online sales to Russia.

  • Adidas said it would suspend sales in Russia, cutting its expected revenue growth this year by 1%. The company has about 500 stores in Russia and the former Soviet states.

  • Shell will exit its joint ventures with Gazprom, the Russian natural gas giant.

  • BP will sell its nearly 20% stake in Rosneft, Russia’s state-controlled oil company.

  • Exxon Mobil will end its involvement in a major oil and gas project.

  • Goldman Sachs “is ending its operations in Russia in accordance with regulatory and licensing requirements”. It was the first major American bank to leave the country. His announcement was followed hours later by JPMorgan Chase, the largest bank in the United States.

  • Western Union will suspend operations in Russia and Belarus.

  • The consulting firm Bath said it would not work with any Russian company and had a policy in place in 2020 “not to work for the Russian government at any level – central, state or department”. McKinsey & Company said he would not accept any new work in Russia, would stop working for public entities and “will no longer serve any government entity in Russia”. Boston Consulting Group will not accept any new clients in Russia and has “started to reduce work as much as possible and will not accept any new work”, he said. McKinsey and Boston Consulting Group said they had no contract with “the central government”.

  • American ExpressMastercard and Visa issued by Russian banks will not work in other countries, and cards issued elsewhere will not work for purchases in Russia.

  • Citigroup, which has about 3,000 employees in Russia, said it would “assess our operations in the country.” Citi’s consumer division in Russia runs limited operations and the company is up for sale as part of a broader exit from overseas markets announced last year.

  • The big four accounting firms – Deloitte, EY, KPMG and PwC – are pulling out of the country.

  • Restaurant Brands International, owner of Burger King, is ending corporate support for the approximately 800 locations operated by local franchisees in Russia, and will not approve any further investment or expansion.

  • Mars, the maker of M&Ms and Snickers, has suspended new investment in Russia.

  • Little Caesars is suspending all operations in Russian stores, which are owned by franchisees.

  • Carlsberg, the world’s third-largest brewer, said it had halted its investments and would stop selling its flagship beer brand in Russia. Carlsberg Group’s Baltika Breweries, based in St. Petersburg, will be run as a separate business.

  • Heineken said it would stop producing, advertising and selling beer in Russia.

  • McDonald’s said it was temporarily closing its nearly 850 locations in Russia and halting operations there.

  • Starbucks said it was closing all of its locations in Russia, where they are owned and operated by the Kuwaiti conglomerate Alshaya Group.

  • PepsiCo said it would stop selling soda in Russia but would continue to produce dairy and baby food there, calling it a “humanitarian” effort.

  • Yum Brands is closing 70 company-owned KFC restaurants and all 50 franchise-owned Pizza Hut restaurants.

  • Sony, which makes the PlayStation video game console, said it has “suspended all software and hardware shipments” to Russia, as well as the operation of the PlayStation Store in the country.

  • Amazon Web Services has stopped accepting new customers for its cloud computing services.

  • Google has suspended advertising, including on its search engines and Youtube some products.

  • Microsoft and Apple have suspended sales. IBM business suspended.

  • Cogent and Lumen, which provide so-called backbone Internet services, cut off access.

  • Uber said it was trying to “accelerate” its divestment from Russian internet company Yandex, which operates a ride-sharing service.

  • Hyatt and hiltonhotel chains, suspended development work in the country and Hilton closed its Moscow headquarters.

  • Amadeus and Saber, which provide ticketing technology to airlines, severed ties with Aeroflot, Russia’s flag carrier and largest carrier.

  • UPS, FedEx and DHL have suspended shipments and operations in Russia and Belarus.

  • Airbus and Boeing have suspended the supply of parts, maintenance services and technical support to Russian airlines. Boeing also said it had stopped buying titanium from Russia, a key source of the metal for the aerospace industry.

  • American Airlines, Delta Air Lines and United Airlines have severed their ticket sales partnerships with Russian airlines. All three airlines also stopped flying over Russia.

  • Stellantis, the maker of Jeep, Fiat and Peugeot vehicles, suspended imports and exports.

  • caterpillarwhich makes construction and earthmoving equipment, is suspending its manufacturing in Russia.

  • Hitachi, the Japanese industrial company, said it was suspending exports to Russia and suspending manufacturing.

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