Business

Here are the companies that cut ties with Russia because of the Ukraine invasion

The companies took action to limit, suspend or withdraw from doing business in Russia following a wave of sanctions imposed following Moscow’s invasion of Ukraine.

Here is a list of companies that have announced plans to leave Russia or limit activities there:

Movies and TV

Hollywood studios Disney, Warner Bros and Sony Pictures Entertainment have suspended the release of new films in Russia.

Sportswear and fashion

Adidas suspended its partnership with the Russian Football Federation immediately.

Nike has made purchases on its website and app unavailable in Russia because it cannot guarantee delivery.

Puma has stopped shipping to Russia even though its 100 stores in the country remain open.

H&M, the world’s second-largest fashion retailer, has suspended all of its sales in Russia.

Nike logo
Nike made the purchase on its website and app which is not available in Russia.
beautiful pictures

Technology

Apple has suspended all sales of its products in Russia.

Alphabet’s Google has blocked mobile apps connected to Russian broadcasters RT and Sputnik, after previously removing Russian state publishers from news-related features.

Microsoft said it would remove state-owned RT mobile apps from the Windows App store and ban advertising in Russian state-sponsored media.

Laptop maker Dell Technologies said it has suspended sales of its products in Ukraine and Russia.

Google logo outside the building
Google has blocked mobile applications connected to Russian broadcasters RT and Sputnik.
beautiful pictures

Car manufacturers

Mercedes-Benz is looking to divest its 15% stake in Kamaz as soon as possible.

General Motors and Volvo Cars of Sweden have suspended vehicle exports to Russia until further notice.

Japan’s Mitsubishi said it may suspend production and sales of its cars in Russia.

Harley-Davidson said it has suspended sales and shipping of bikes to Russia.

Ford has suspended operations in Russia until further notice.

British luxury carmakers Jaguar Land Rover and Aston Martin have suspended shipments to Russia.

Germany’s BMW has stopped exporting cars to Russia and has said it will stop production there.

Honda said it had stopped exporting cars and motorcycles to Russia.

Japan’s Mazda will suspend exports of auto parts to its factory in Russia, Nikkei reported on Tuesday.

Harley-Davidson motorcycles parked side by side in a long line
Harley-Davidson has suspended motorcycle shipments to Russia.
beautiful pictures

Air

Boeing suspends parts, maintenance and technical support for Russian airlines.

Airbus has stopped sending parts to Russia and supporting Russian airlines, but is analyzing whether its Moscow technical center can continue to serve local customers.

Energy

France’s TotalEnergies said it would not provide capital for new projects in Russia.

BP is giving up its 19.75% stake in Russian oil giant Rosneft, while Shell has said it will withdraw from all of its operations in Russia.

Exxon Mobil will withdraw from Russia’s oil and gas operations, which are valued at more than $4 billion.

Man refueling at Mobil . station
Exxon Mobil will withdraw from Russia’s oil and gas operations valued at more than $4 billion.
beautiful pictures

Italian energy group Eni plans to sell its stake in the Russian gas pipeline to Turkey.

German turbine maker Siemens Energy has suspended new business in Russia.

Global commodities trader Trafigura said it has frozen investments in Russia and is reviewing its 10% stake in Rosneft’s Vostok Oil project in the Arctic.

Industry

Swedish engineering group Sandvik is suspending operations in Russia, while peer-to-peer Atlas Copco has halted all deliveries to the country.

Finnish engineering group Metso Outotec has temporarily suspended deliveries to Russia.

Norsk Hydro will not sign new contracts with Russian manufacturers until further notice and is considering the possibility of freezing existing commercial relationships.

Siemens has suspended all new business and international deliveries to Russia but will resume local service and maintenance operations in compliance with sanctions, a company spokesman confirmed.

FedEx jet sitting on the runway
FedEx, as well as UPS, is suspending delivery services to Russia and Ukraine.
beautiful pictures

Logistics and transportation

UPS and FedEx are suspending delivery to Russia and Ukraine.

Maersk Shipping Corporation will suspend all container shipments to and from Russia.

Deutsche Post has stopped DHL deliveries to Russia.

The view of the Maersk ship carrying containers
Maersk will temporarily stop shipping containers to and from Russia.
SOPA Images / LightRocket via Getty Images

German shipping company Hapag Lloyd has suspended orders for Russia and halted sailings to Ukraine.

Shipping company MSC has stopped booking to and from Russia but will still receive food and humanitarian goods.

Telecommunication

Swedish telecommunications equipment maker Ericsson is suspending deliveries to Russia.

Nokia will stop shipping to Russia to comply with sanctions.

https://nypost.com/2022/03/02/here-are-the-companies-that-have-cut-ties-with-russia-over-the-ukraine-invasion/ Here are the companies that cut ties with Russia because of the Ukraine invasion

DUSTIN JONES

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