Russia’s war with Ukraine has seen some of the world’s most famous brands – from Apple to Disney to Ikea – suddenly leave the country.
Which companies decided to leave Russia? Here is the list:
Fossil fuels: BP, Equinor, Exxon, Shell
Cars and aircraft: Boeing, Airbus, Daimler Truck, Ferrari, Ford Motor Company, Harley-Davidson, Mercedes-Benz, Renault, Toyota, Volkswagen, Volvo
Consumer Goods: Adidas, Airbnb, Budvar, Carlsberg, Disney, Estée Lauder, H&M, Ikea, Nike, Richemont, Swatch Group, TJX Cos, Unilever.
Food and drink: McDonald’s, Coca-Cola, Pepsi, Starbucks.
Musicians, venues, promoters: AJR, Carnegie Hall, Nick Cave, Green Day, Health, Live Nation, Metropolitan Opera, Yungblud, Louis Tomlinson.
Payment systems and accounting firms: Deloitte, Discover, Moody’s, Pricewaterhouse Coopers, Visa, Mastercard, American Express.
Transport companies: FedEx, UPS.
Technology companies: Netflix, Apple, Dell, Fortinet, Google, Meta, Spotify, Trimble, TikTok.
Meanwhile, the Russian government has said it will view all countries that impose sanctions on the country as “de facto hostile.”
This was stated by Kremlin spokesman Dmitry Peskov to journalists. “Judging by the measures that many countries are taking against us, now they are all “de facto unfriendly”. Regardless of whether they are on the list or not,” he said.
Russia has struggled to avert financial collapse since the United States, the European Union and other Western countries imposed sanctions on much of the country’s banking system, including freezing hundreds of billions of dollars of foreign exchange reserves that Moscow has accumulated over the years to protect the Russian economy.