As Russia finds itself diplomatically isolated from the West led by US and Eurozone countries, sanctions have already seen devastating impacts with Rouble having a free fall and the Russian stock market falling into a bloodbath. The severe sanctions include barring Russian aircraft from flying over the Eurozone, de-platforming major financial institutions from the SWIFT platform, freezing of foreign assets of central bank. But it is not only the Russians that have taken a hit, energy and commodity prices have risen sharply across the globe.
Many international corporations too have lined up to exit the Russian market as a mark of protest against the Russian aggression in Ukraine. Till date more than 100 foreign companies have announced that they will exit Russia for good or at least stop functioning for the short term.
These entities include behemoths from the energy sector like Exxon, BP, Equinor, Shell, Total, ENI to automobile majors like Harley-Davidson, Daimler Truck, Volvo, Mercedes Benz, Toyota, Mazda, Mitsubishi, Honda.
Here is an exhaustive list of major companies that have suspended their operations in Russia in the aftermath of its war against Ukraine.
Full list below:
Basis Technologies | Bolt | ByteDance (TikTok owner) |
Chanel | CMA CGM | DuckDuckGo |
IKEA | Mango | Mediterranean Shipping Company S.A (MSC) |
Nokian Tyres | Samsung | |
Scania | WebMoney | YIT |
ABB Ltd | AB Volvo | Accenture |
Adidas | Adobe | Advanced Micro Devices |
AerCap | Airbnb | Airbus |
Alphabet | Amazon.com | American Express |
ASOS | Aston Martin | Atlassian Corporation |
AT&T | Autodesk | Bank of China |
BMW | Boeing | Boohoo Group |
BP | Canada Goose | Carlsberg |
Cisco Systems | Comcast | CRH PLC |
Daimler Truck | Dell Technologies | Deutsche Post AG (DHL) |
Electrolux AB | Electronic Arts | Eni |
Equinor ASA | Ericsson | Expedia |
Exxon Mobil | FedEx | Ford Motor |
Fortum | General Motors | GoDaddy |
Harley-Davidson | Hennes & Mauritz (H&M) | Hermès International |
Honda Motor | HSBC Holdings | Industria de Diseño Textil (Zara, Bershka, Massimo Dutti) |
ING Groep | Intel Corporation | LVMH Moet Hennessy Louis Vuitton |
Maersk | Mastercard | Mazda |
Mercedes-Benz Group | Meta Platforms Inc | Netflix Inc |
Nike Inc | Nintendo | Nokia |
Nordea Bank | Norsk Hydro | Nvidia |
OMV Aktiengesellschaft | Oracle | Ørsted |
Paramount Global | PayPal Holdings | Puma |
Renault | Roku | SAP |
Sandvik | Siemens | Siemens Energy AG |
Snap | Sony | Spotify |
Suzuki Motor | Swatch Group | Taiwan Semiconductor |
Tata Motors (Land Rover, Jaguar) | TJX | Toyota Motor |
Uber Technologies | Under Armor | |
United Parcel Service | Visa | Volkswagen |
Walt Disney | WPP |