Companies withdraw from Russia in reaction to Russia’s war with Ukraine
Many companies have stopped doing business with Russia, inside Russia, or both:
- Some companies have actually closed down their stores or other operations within Russia
- Some companies have stopped exporting goods to or purchasing products from Russia
- Other companies that process financial transactions or stream media have totally cut off Russia
Companies that have stopped shipping products to Russia or have otherwise stopped working with Russia:
- Both Boeing and Airbus suspended support, upkeep, and extra parts support for Russian aircraft.
- This will eventually ground these aircraft, because they cannot run for long without correct maintenance and will lose airworthiness.
- British auto brand names Aston Martin, Jaguar Land Rover, and Rolls Royce have stopped doing business in Russia
- Ford has actually suspended Russian operations, including a joint endeavor with Russian auto maker, Stollers.
- General Motors, which has 16 Russian dealers, has actually stopped exports to Russia, which normally would amount for 3,000 vehicles/year.
- Nissan, which has a factory in St Petersburg Russia, will be stopping production there and has likewise stopped exporting vehicles to Russia.
- Toyota sill stop exports to Russia, and will also shut down production within Russia.
- Volkswagen has actually stopped producing automobiles in Russia, and will stop exporting cars to Russia.
Media companies have cut off Russia:
- DirecTV, together with numerous cable television companies, has stopped bringing tv shows from the Russian state-sponsored television broadcaster, RT
- All UK broadcasting platforms have actually likewise dropped all content from RT
- Disney has stopped releasing films in Russia
- Warner has suspended all brand-new business operations and investments in Russia, consisting of movie and video game releases, material licensing and all media broadcasts.
Sea Freight and Air Delivery Companies Have Cut Off Deliveries to Russia:
- DHL, related to the Bundespost of Germany, has actually suspended deliveries into Russia and Belarus.
- FedEx and UPS have suspended all operations in Russia and Belarus.
- Air shipment to Russia from most countries has become almost non existent.
- The ocean providers Maersk and Mediterranean Shipping Company (MSC) have stopped booking cargo shipments to and from Russia. Maersk will continue to bring food, medical, and humanitarian supplies to or from Russia.
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