Article · 21 March 2022 · 2 min read · Katarzyna Kucia

Report: companies that left the Russian market as a result of the war in Ukraine

Russia's invasion of Ukraine has triggered a response from countries and companies around the world. International corporations are joining the economic sanctions imposed by the governments of many countries.

MarketHub's analysis identified 411 companies worldwide that, by 15 March 2022 (the date of this report), had officially announced that they were limiting or suspending sales of their products and services.

The companies that made this decision represent many sectors of the economy, including media, industry, mining, automotive and technology. The retail and food service sector had the most companies limiting or suspending operations (130). Information and communication companies (108) form another large group.

By country, the USA had the most companies that halted, blocked or suspended sales of their products and services (139). The United Kingdom came next (51 companies), followed by Poland, Germany and Japan (21 companies each).

Companies limiting or suspending sales in Russia by sector and country of headquarters, as at 15 March 2022 (number of companies)
Group	Number of companies
Total	411
Sector: retail and food service	130
Sector: information and communication	108
Country: USA	139
Country: United Kingdom	51
Country: Poland	21
Country: Germany	21
Country: Japan	21

Source: MarketHub, "Companies that limited their operations in Russia as a result of the war in Ukraine" report

Companies limiting their operations in Russia as a result of the war in Ukraine include:

Adidas (suspension of sales in Russia, termination of cooperation with the Russian Football Union),

Amazon (blocking of services and sales in Russia),

Nestlé (suspension of investment and halting of deliveries of selected brands),

eBay (suspension of deliveries to Russia),

App Store (blocking of Russian payment cards),

Suzuki (halting of deliveries to Russia),

Netflix (suspension of operations in Russia, suspension of work on Russian productions).

The free report from the MarketHub team lists the companies that had decided to limit or suspend their operations in Russia as at 15 March 2022. The report Companies that limited their operations in Russia as a result of the war in Ukraine presents:

companies that have limited their operations in Russia,

companies in Poland that have withdrawn Russian products,

the positions of individual companies on the war in Ukraine,

companies by sector and country of headquarters.

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