21 US Companies Continue Business-as-Usual in Russia

Written by Camilla Jessen

Mar.27 - 2024 11:41 AM CET

Photo: Bashigo / Shutterstock.com
Photo: Bashigo / Shutterstock.com
A Yale University study has revealed a comprehensive list of companies still operating in Russia. Among them, 21 US companies continue to conduct business as usual.

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Since the invasion of Ukraine began, over 1,000 companies have publicly announced their voluntary curtailment of operations in Russia, going beyond the minimum requirements set by international sanctions. Some companies have announced their complete withdrawal, shutting down their activities in Russia, while others have only suspended business operations or refrained from planned investments. A few continue their operations as usual.

From the onset of the war in Ukraine, Jeffrey Sonnenfeld, a professor at the Yale University Executive Institute, along with a team of experts and students, has been monitoring companies that operate or have operated in Russia.

Their research has been compiled into a list that is updated daily, aiming to provide information as close to real-time as possible.

The list is divided into 5 sections:
  1. Companies that continue their activities in Russia without restrictions.

  2. Companies that continue their activities in Russia but do not invest in development.

  3. Companies that have reduced their activities.

  4. Companies that have suspended their activities.

  5. Companies that have or are ceasing their activities in Russia.

The 21 US Companies that Continue Business as Usual in Russia

According to the list, the following companies are continuing their business-as-usual in Russia:

  1. Align Technology

  2. Carl's Jr.

  3. ChampionX

  4. Cloudflare

  5. Dentsply Sirona

  6. Fleetcor

  7. Guess

  8. Huntsman Corporation

  9. IQVIA

  10. Iridium

  11. Nordson

  12. Patreon

  13. Quicksilver

  14. Riot Games

  15. Sbarro Pizza

  16. Signet Armorite

  17. Stryker

  18. Tenneco

  19. Titan International

  20. Tupperware

  21. Zimmer Biomet

Note: This article was written on March 27, 2024, based on the list provided by Yale University. Since the information is updated daily, please be aware that the details may have changed after this date.

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