List of Companies Ending Their Business with Russia
Under pressure from investors and consumers, a growing number of companies are unwinding their investments within Russia: closing stores, pausing sales and services, temporarily cutting ties, or suspending shipments.
Here’s a look at some companies from various electronics, automotive, and tech industries that have suspended, stopped sales or other services in Russia:
|Amazon||Suspended shipments of all retail products to Russia and Belarus. Suspended access to Prime Video in Russia. Amazon Web Services stopped accepting new customers for cloud computing services.||Technology|
|Ball Corporation||Exited the Russian market||Materials|
|Siemens||Exited the Russian market||Manufacturing|
|AMD||Suspended all sales to Russia||Manufacturing|
|Analog Devices||Suspended all sales to Russia||Manufacturing|
|Honeywell||Suspended all sales to Russia||Manufacturing|
|Microsoft||Suspended all sales to Russia||Technology|
|Nvidia||Suspended all sales to Russia||Manufacturing|
|Samsung||Suspended all sales to Russia||Manufacturing|
|Volvo||Suspended all sales to Russia||Automotive|
|Apple||Suspended both shipments to and business with Russia||Technology|
|Infineon||Suspended both shipments to and business with Russia||Manufacturing|
|NXP Semiconductors||Suspended both shipments to and business with Russia||Manufacturing|
|BMW||Suspended Operations in Russia||Automotive|
|3M||Suspended Operations in Russia||Manufacturing|
|FMC Corporation||Suspended Operations in Russia||Materials|
|Ford||Suspended Operations in Russia||Automotive|
|General Motors||Suspended Operations in Russia||Automotive|
|Henkel||Suspended Operations in Russia||Materials|
|IBM||Suspended Operations in Russia||Technology|
|Intel||Suspended Operations in Russia||Technology|
|Renault||Suspended Operations in Russia||Automotive|
|Stellantis (Includes Fiat, Jeep, Maserati, Opel, Peugeot)||Suspended Operations in Russia||Automotive|
Monitor Geopolitical Events Contributing to Supply Chain Risk
It is important to maintain a close eye on manufacturers and businesses as they respond to events that may impact the global economy. In this case, if your business is sourcing a product within Russia from any of these listed companies, it is likely that the stock will become unavailable, and you will have to reroute your supply chain elsewhere. By staying ahead of these announcements, supply chain managers can react faster and find solutions before the eventual impact is felt.
SiliconExpert’s P5 Supply Chain Risk Management tool not only monitors critical events around the globe, but also provides predictive intelligence on pricing, lead time, and inventory.
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