Endless long flight of companies from Russia – The giants who have turned their backs on Moscow

Following Russian President Vladimir Putin’s decision to invade Ukraine, Russia has experienced a historic reversal of investment by Western and other foreign companies.

In fact, the list of companies leaving the Russian Federation is constantly growing as foreign governments have imposed sanctions on the country, excluded some Russian banks from the global SWIFT network and closed their airspace to Russian aircraft.

Already, the list of companies that in one way or another express their support for Ukraine and have imposed a financial blockade on Russia is impressive.

These include global business giants such as Apple, Boeing, Coca-Cola, DHL, Ford, Google, SpaceX and others.

The following is a complete list of companies that have taken steps to support Ukraine:

Apple Pay – completely excluded the Russians

Apple – stopped selling products in Russia and removed RT and Sputnik from the App Store

Adidas – canceled its cooperation with the Russian football team

Audi – withdraws from the Russian market

AMD – block the supply of semiconductors (microchips), will be banned video cards

Amazon – has completely shut down retail companies

Adobe – does not work in Russia

British Petroleum – leaves Russia, selling its 20% stake in Rosneft

BBC – revoked broadcasting licenses

BMW – closes its factories, blocks supplies

Bolt – $ 5 million donation to Ukraine

Boeing – suspends spare parts, maintenance and support services for Russian airlines

Chevrolet – withdraws from the Russian market

Cannes Film Festival – excluded delegations from Russia

Cadillac – withdraws from the Russian market

Carlsberg – restricts its exports

Cex Io – blocks Russian users

Cinema 4D – uninstall the application

Coca Cola – leaves the Russian market

Danone – withdraws from the Russian market, as does the affiliated company “Prostokvashino”

Disney – canceled the screening of all its movies

Dell – withdraws from the Russian market

Dropbox – is going to shut down in Russia

DHL – suspends all shipments to Russia, Belarus

Eurovision – ban on Russian participation

Ericsson – withdraws from the Russian market

ExxonMobil – recalls all its specialized staff from oil companies in Russia

Etsy – blocks all account balances

Facebook – blocked all Russian media accounts

FedEx – has imposed a complete ban on supplies

Formula 1 – canceled the tournament in Sochi

Ford – closes all its stores in the country

FIFA – expelled the Russian national team from the World Cup and banned the holding of international matches in the Russian Federation

Google Pay – proceeded with a partial ban on transactions

Google – $ 15 million donation for humanitarian aid to Ukraine

Google Maps – blocked the provision of information to Russian users

Get Contact – transmits reliable information

General Motors – suspends exports

HP – suspends shipments of products to Russia

Harley-Davidson – discontinues product supply

Instagram – blocks the transmission of propaganda news

Intel – blocked the supply of semiconductors

Jaguar – withdraws from the Russian market

Jooble – removes service in the country

KUNA – withdraws from the Russian market

Lenovo – withdraws from the Russian market

LinkedIn – is about to leave the Russian market

ILO – canceled all matches

Mastercard – suspended card production, shut down a number of banks from its network

Maersk – cut off shipments to / from the Russian Federation

Mercedes – leaves the Russian market

MEGOGO – deletes all Russian movies

Mitsubishi – is going to suspend production and sales of cars in Russia

Microsoft Office – discusses a wide range of measures

Mobile World Congress – denied the accreditation of the Russian delegation

NFT – blocked users’ money from Russia and Belarus

NHL – bans players from Russia

Netflix – will not comply with the new Russian rules for hosting 20 state-sponsored channels

Nike – closes its stores in the country

Nintendo – banned shopping in rubles

Paysera – stops Russian transfers and closes accounts of Russian customers

PayPal – freezes withdrawals from accounts

Paramount – stops the release of new movies in the country

Parimatch – withdraws franchise licenses from Russia

PlayStation – Russian users are protesting against the execution of their payments

Pornhub – blocks Russian users from accessing the site

Renault – suspends car production in Russia

Samsung pay – blocks the service in the country

Snapchat bans ad sales in Russia, donates $ 15 million in humanitarian aid to Ukraine

Scania – suspends its activities in Russia

SpaceX – providing Starlink service in Ukraine

Shell – is going to withdraw from equity partnerships with companies of the Gazprom group

Spotify – Russian users complain about difficulties in paying subscriptions

Sony – freezes new movie releases

Twitter – bans the opening of new accounts to users from Russia

TikTok – has massively blocked pro-Russian videos and accounts

From the first moment of the attack, Ukraine has been constantly calling on foreign companies to take part in this effort with the ultimate goal of uniting the Russian opposition against the invasion of Ukraine.

Experts believe that the outflow of foreign companies from Russia will continue as more and more companies weigh the possibility of damaging their reputation and the financial risks involved in continuing their business in the country due to Western sanctions.

This massive boycott will hit Russia financially, which will eventually force Putin to stop his invasion of Ukraine.

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Source: Capital

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