Western companies are responding to Russia’s invasion of Ukraine by boycotting the country’s market. They stop supplying their products to Russia, including those that are essential for the country, such as chips. These are, among other things, an essential part of electronics, cars, but also military technology. AMD and Intel have already cut Russia.
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The Russians will also have to do without a number of major car brands. Ford, Volkswagen and its Skoda, Audi, Porsche and Chevrolet are among those who have interrupted the export of their cars to the region or closed their factories there.
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Western countries have also imposed a number of sanctions on Russia, including disconnecting the country from SWIFT. The largest naval carriers, Maersk and MSC, are also turning their backs on Russia to unleash the war. They reacted to the suspension of traffic, which forced many companies to suspend their activities in this country.
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The people of Russia will have a problem finding some brands of mobile phones, computers and other electronics, as well as clothing and footwear. Some companies also do not deliver the package to them.
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For example, the Russians will not buy an iPhone, iPad or other products of the California technology brand Apple. The company not only stopped sales in Russia, but also boiled down the existing owners of its facilities when it completely blocked the Apple Pay service in the Russian Federation.
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Some carmakers are also withdrawing from Russia. Volkswagen also joined them on Thursday, suspending production at its two plants in Russia due to “great horror and shock” from the Russian invasion of Ukraine. Toyota and Renault also joined the plant.
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Volkswagen also suspended the export of all its vehicles to the country, which concerns the brands VW, Škoda, Audi, Porsche and Bentley. Last year, carmakers from the VW Group delivered 216,000 cars to Russia, which is about 2.4 percent of the company’s worldwide sales.
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Due to sanctions, the chip manufacturer is suspending all deliveries to Russia and Belarus AMD. This means that both countries are now cut off from global deliveries of the latest technologies to consumers and data centers.
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It is also being withdrawn from Russia and, moreover, from Belarus, at least temporarily Airbnba platform for negotiating short – term leases.
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American airline Boeing suspend support for Russian airlines. Because of the war, a number of countries have closed their airspace to all Russian airlines, and some world airlines, on the other hand, are not flying to Russia.
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“We have suspended the main operations in Moscow and temporarily closed our office in Kiev. We are also suspending parts deliveries, maintenance and technical support for Russian airlines. Due to the ongoing conflict, our teams are focused on ensuring the safety of our colleagues in the region, “a Boeing spokesman said in a statement.
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A German company also joined the carmakers, which stopped the export of vehicles to Russia due to the war in Ukraine BMW. It also suspends production in the country. “Given the current geopolitical situation, we are interrupting our local production in Russia and exports to the Russian market,” said a BMW spokesman.
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It is no longer possible to use accommodation reservation services on Russian territory Booking.com.
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Every year, General Motors sells around 3,000 brands of cars in Russia Cadillac a Chevrolet. However, the American carmaker is suspending its activities in Russia.
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Danish brewery Carlsberg will stop new investments in Russia and will also suspend exports from its other companies to Baltika breweries in Russia. “We will respect all applicable sanctions and continue to evaluate the situation in connection with our business in Russia,” the company said.
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French dairy producer Danone leaves the Russian market, where it controls the Prostokvanhino brand. Russia accounts for six percent of Danone’s total turnover.
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American Technology Company Dellwhich sells computers, for example, has suspended sales in Russia in response to the war.
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Delivery company DHL suspended the import of goods into Russia and its allies Belarus.
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Swedish manufacturer of communication technology Ericsson will stop supplying its products to Russian customers.
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One of the largest shipping companies in the world FedEx on Tuesday, it stopped sending all packages to Russia with immediate effect and also suspended the receipt and dispatch of consignments to Ukraine for the safety of staff.
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Carmaker Fordwhich has three plants in Russia, is suspending its remaining activities in the country indefinitely due to the invasion.
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The American carmaker is also suspending its business in Russia General Motors. According to spokesman George Svigos, the reason is “a number of external factors, including supply chain problems and other issues beyond the company’s control.”
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Company HPwhich deals with information technology and operates in almost every country in the world, has now suspended supplies of products to Russia as part of US sanctions in response to the war.
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Also an American manufacturer of motorcycles Harley-Davidson stopped supplying his machines to Russia.
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Company Honda it stops exporting cars and motorcycles to the country due to supply and payment problems caused by sanctions imposed on Russia. The carmaker has also closed its plants in the region Hyundai.
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Clothing company H&M it has 168 stores in Russia, which it has temporarily closed. “H&M Group takes care of all colleagues and joins all those who call for peace around the world,” said the Swedish fashion chain.
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Chip manufacturer Intel stopped supplying all its products to Russia and Belarus, as did AMD. The company condemned Russia’s invasion of Ukraine and also sent $ 1.2 million in aid to Ukraine.
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Also a Swedish furniture manufacturer IKEA closed its department stores in Russia in response to the military invasion of Ukraine. The company would probably also have supply problems due to the fact that large supply and shipping companies have stopped doing business in Russia.
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Vehicle manufacturer Jaguar Land Rover also due to the Russian invasion of Ukraine suspended sales to Russia.
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Like many other companies, computer manufacturers Lenovo suspended the export of its products to Russia.
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The French retailer of luxury goods has also decided to close all its 124 stores in Russia LVMHit includes the brands Louis Vuitton, Givenchy or Dior.
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German carmaker Mercedes-Benz joined other companies on Wednesday, which are withdrawing from Russia for a while. “Mercedes-Benz will suspend the export of cars and vans to Russia as well as local production in Russia until further notice,” the company said.
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The company joined on Friday night Microsoft. The American software giant has decided to suspend the sale of its products and services in Russia. “Like the rest of the world, we are horrified, angry and saddened by the footage and news coming from the war in Ukraine. We condemn this unjustified, unprovoked and illegal Russian invasion,” Microsoft President Brad Smith quoted CTK as saying.
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Also the world’s largest producer of infrastructure for telecommunications networks and electronics manufacturers Nokia will no longer supply its products to the country that invaded Ukraine last Thursday.
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Manufacturer of sportswear and footwear Nike closed its stores in Russia.
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Nestleone of the largest producers of food and beverages in the world, had factories in Russia, but has now closed.
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Scania last week it stopped delivering cars and spare parts to Russia. “Customer relations are important to Scania, but Scania’s values have been more important in this regard,” said a company spokesman.
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Delivery company UPS has taken the same step as FedEx, another large company in the market. It does not deliver shipments to Russia.
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Another carmaker from the list of those who have decided to stop selling new cars in Russia is also Volvo. “Given the potential risk of trading with Russia and the sanctions imposed by the US and the EU, Volvo Cars will not supply cars to the Russian market until further notice,” said Ben Foulds, a spokesman for the company. Russia accounts for 1.3 percent of Volvo’s global sales.
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