KSE database is partly based on the Yale\u2019s School of Management database<\/a>, the University of St.Gallen latest Paper<\/a>, epravda.com.ua<\/a>, squeezingputin.com<\/a>, https:\/\/bloody.energy\/<\/a> and leave-russia.org<\/a> websites and other open sources. Data is verified and KSE status is assigned. Data on stocks is taken from Google and Yahoo Finance. At the same time, the KSE database is more complete and comprehensive and contains much more information than most other similar databases, as it also includes data on number of staff, revenue, capital and other financial indicators, the latest updates and changes in statuses, links to used sources, and daily updates from the telegram-bot etc.<\/p>\n KSE Institute and Leave Russia project are the part of <\/i>B4Ukraine Coalition<\/i><\/a> since mid-2022.<\/i><\/p>\n KSE Institute is glad to announce have finalized merging <\/a>with project leave-russia.org<\/a> which was developed by a team of volunteers.<\/p>\n Also, we developed a barcode scanner, which is available here: https:\/\/leaverussia.kse.ua\/<\/b><\/a> (only for mobile devices!) or in our Telegram bot https:\/\/t.me\/exit_ru_bot<\/a>. It allows you to find any brand or company that is operating in Russia just by scanning barcodes.<\/i>KSE DATABASE SNAPSHOT as of 01.10.2023<\/b><\/p>\n Number of the companies that continue Russian operations<\/b> (KSE\u2019s status \u00abstay<\/b>\u00bb\u00b9<\/b>) \u2013 1 448 (+38 per 2 weeks)<\/b><\/p>\n Number of the companies that have reduced current operations and hold off new Investments<\/b> (KSE\u2019s status \u00abwait<\/b>\u00bb<\/b>) \u2013 535 (+2 per 2 weeks)<\/b><\/p>\n Number of the companies that have curtailed Russian operations<\/b> (KSE\u2019s status \u00ableave<\/b>\u00bb<\/b>) \u2013 1 225 (0 per 2 weeks)<\/b><\/p>\n Number of the companies that completed withdrawal from Russia<\/b> (KSE\u2019s status \u201cexited<\/b>\u201d) \u2013 284 (+9 per 2 weeks)<\/b><\/p>\n As of October 1,<\/b> we have identified about 3,492 companies, organizations and their brands from 95 countries and 58 industries<\/b> and analyzed their position on the Russian market. About 40% of them are public ones, for ~1 500 public groups of companies<\/b>, we also identified (where it was possible) their operating business in Russia (the presence of a controlling stake in a legal entity and revenue received) and found the data for 2021 before invasion was started, which allowed us to calculate the value of capital invested in the country (about $190.0 billion<\/b>), local revenue (about $306.8 billion<\/b>), local assets (about $328.5 billion<\/b>) as well as staff (about 1.432 million people<\/b>) and taxes paid (about $25.3 billion<\/b>). 1,760 foreign companies<\/b> have reduced, suspended or ceased operations in Russia. Also, we added information about 284<\/b> companies that have completed the sale\/liqudation of their business in Russia<\/a> based on the information collected from the official registers.<\/p>\n As can be seen from the tables below, as of October 1, 284 <\/b>companies which had already completely exited from the Russian Federation, in 2021 had at least 447,200 personnel<\/b>, $71.8 bn in annual revenue<\/b>, $38.7bn in capital <\/b>and $65.4bn in assets<\/b>; companies, that declared a complete withdrawal from Russia had 295,300 personnel<\/b>, $54.1bn in revenues<\/b>, $21.5bn in capital <\/b>and $32.0bn in assets<\/b>; companies that suspended operations on the Russian market had 101,500 personnel<\/b>, annual revenue of $30.2bn<\/b>, $36.6bn in capital <\/b>and $85.6bn in assets<\/b>.<\/p>\n If since the beginning of the Russian invasion of Ukraine, the percentage of companies that closed operations in Russia has risen sharply by mid-April 2022, in the last 13 months the ratio of those who leave or stay is virtually unchanged, although we still see a periodic increase in the share of those companies that remain in the Russian market (by adding new companies to the database, 86 were added in September 2023). However, if to operate with the total numbers<\/b> in KSE database, about 35.1% of foreign companies have already announced their withdrawal from the Russian market or suspended their activity, but another 41.5% are still remaining in the country, 15.3% are waiting and only 8.1% made a complete exit\u00b3.<\/p>\n If since the beginning of the Russian invasion of Ukraine, the percentage of companies that closed operations in Russia has risen sharply by mid-April 2022, in the last 13 months the ratio of those who leave or stay is virtually unchanged, although we still see a periodic increase in the share of those companies that remain in the Russian market (by adding new companies to the database, 86 were added in September 2023). However, if to operate with the total numbers<\/b> in KSE database, about 35.1% of foreign companies have already announced their withdrawal from the Russian market or suspended their activity, but another 41.5% are still remaining in the country, 15.3% are waiting and only 8.1% made a complete exit<\/p>\n As it is visible on the charts based on data for 2021 above, roughly similar % of exited <\/b>is obtained based on number of companies (19%) and on share of revenue withdrawn (23.4%). At the same time, a totally different picture is for those who are still staying <\/b>– 44% of companies represent 30.6% of revenue and 15% of waiting <\/b>companies represent 18.5% of revenue generated in Russia. The conclusion could be that smaller companies with lower revenue prefer to stay and those who have higher revenue are more eager to wait, limiting their investments as an excuse (at the same time they continue to earn and reinvest their local profit).<\/p>\n KSE Institute has already collected and analyzed data on revenue, capital, assets and net income (profit or loss) in 2022<\/b> for ~1410 companies (about 90 companies the data of which we have collected previously have not provided their reporting) and provides below the detailed analysis, more details will be provided further, once we have complete information.<\/p>\n As you can see from the charts above, companies which fully exited<\/b> Russia were able to generate 2.2% less of revenue in 2022 (21.2% from total volume) than in 2021 (23.4% from total volume, which is clear as most of them left the country before the year-end). Leaving companies<\/b> also generated much less (-7.1%) revenue in 2022 (20.4% from total volume) than in 2021 (27.5% from total volume). At the same time, staying <\/b>companies were able to generate much (+11.0%) more revenue in 2022 (41.6% from total volume) than in 2021 (30.6% from total volume). Companies with status \u201cwait<\/b>\u201d\u2074 gained almost the same share (-1.6%) of revenue in 2022 (16.9% from total volume) vs 18.5% from total volume in 2021. So the key conclusion is that money matters for those companies who are still tied with its local business in Russia.<\/p>\n Summarizing the results of new data received for 2022 and comparing it with 2021 we can see the positive trends in terms of significant revenue and capital decline. Only assets have almost not changed ($323.4bn\u2075 in 2022 vs $328.5bn in 2021) and will probably even increase once we receive remaining reporting for ~90-100 companies (until companies decide not to disclose it). KSE Institute has published before a large-scale study “How the income of foreign businesses in the Russian Federation has changed in 2022 and why so many companies still do not leave<\/i><\/a>“. You can familiarize yourself with the English version by downloading the report at the following link: https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=4453963<\/a>.<\/p>\n In July 2023, the KSE Institute jointly with the B4Ukraine coalition partners published a new research entitled \u201cThe Business of Staying: a closer look at multinational revenues and taxes in Russia in 2022\u201d, you can download its full text in English using the following links: https:\/\/kse-ua-prod-media.fra1.digitaloceanspaces.com\/wp-content\/uploads\/2023\/07\/08120814\/the-business-of-staying-1.pdf<\/a> and https:\/\/b4ukraine.org\/pdf\/BusinessOfStaying.pdf<\/a>. Also, in September 2023, the KSE Institute jointly with the B4Ukraine coalition partners published another research entitled \u201cThe Business of Leaving: How Multinationals Can Responsibly Exit Russia\u201d, you can download its full text in English here: https:\/\/b4ukraine.org\/pdf\/B4Ukraine_Business_of_Leaving_report.pdf<\/a>\u00a0<\/p>\n More infographics and analytics see in the special section of our website at the link https:\/\/leave-russia.org\/bi-analytics<\/a><\/p>\n <\/p>\n Key updates from the latest Russian news:<\/b><\/p>\n FT: Billions of dollars of foreign company profits are stuck in Russia<\/b><\/p>\n 18.09.2023 | The Financial Time (FT) newspaper reported that companies from unfriendly countries that continue to operate in Russia received more than $18 billion in profits in 2022. However, these funds were frozen in Russia.<\/p>\n https:\/\/www.kommersant.ru\/doc\/6223374<\/a>\u00a0<\/p>\n The Ministry of Finance allowed the restoration of foreign exchange controls<\/b><\/p>\n 20.09.2023 | Deputy Minister of Finance of Russia Alexey Moiseev said that the government is now considering the option of partially restoring foreign exchange controls. These measures, he said, are needed to curb the outflow of capital to friendly countries. The Bank of Russia opposes this idea.<\/p>\n https:\/\/www.kommersant.ru\/doc\/6225076<\/a>\u00a0<\/p>\n Exports of medical products from Japan to Russia increased by 577%<\/b><\/p>\n 20.09.2023 | Japan increased its exports of medical products to Russia by 577.7% in August 2023 compared to the same period in 2022, according to data from the country\u2019s Ministry of Finance.<\/p>\n https:\/\/www.rbc.ru\/rbcfreenews\/650a4c339a79475579ead514<\/a>\u00a0<\/p>\n Banks and brokers from 31 countries will be allowed to trade in foreign exchange in Russia<\/b><\/p>\n 21.09.2023 | The Russian government has approved a list of countries whose banks are allowed to trade on the Russian foreign exchange market. The corresponding order was signed by Prime Minister Mikhail Mishustin. Now banks and brokers from friendly and neutral countries are allowed to trade on the Russian foreign exchange market, as well as on the derivatives market. These countries include: Azerbaijan, Armenia, Belarus, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, Algeria, Bangladesh, Bahrain, Brazil, Venezuela, Vietnam, Egypt, India, Indonesia, Iran, Qatar, China, Cuba, Malaysia, Morocco, Mongolia , UAE, Oman, Pakistan, Saudi Arabia, Serbia, Thailand, Turkey, South Africa – 31 countries in total.<\/p>\n http:\/\/government.ru\/news\/49557\/<\/a> ; https:\/\/www.kommersant.ru\/doc\/6225436<\/a>\u00a0<\/p>\n The Central Bank extended the ban for non-residents on transfers abroad from broker accounts<\/b><\/p>\n 26.09.2023 | The Bank of Russia has extended restrictions on transfers abroad of funds of non-residents of unfriendly countries from broker accounts for six months. Restrictions apply to transfers from accounts of both individuals and legal entities opened with Russian brokers and trustees.<\/p>\n https:\/\/www.kommersant.ru\/doc\/6238229<\/a>\u00a0<\/p>\n Experts estimate the number of foreign brands that have left Russia since 2022<\/b><\/p>\n 26.09.2023 | According to analysts at the consulting company Nikoliers, about 140 international brands that were present in Russian shopping centers at the beginning of 2022 have changed their work status. Among them, 32 (approximately 23%) ceased operations completely, and another 52 brands (approximately 37%) resumed operations after selling or transferring the business to Russian management. At the same time, over the past year and a half, the Russian market has been replenished with 27 new brands from other countries. Most of the newcomers come from Turkey, Lebanon and Belarus.<\/p>\n https:\/\/realty.rbc.ru\/news\/65129f609a79470b5a85784f<\/a>\u00a0<\/p>\n The government will force companies leaving Russia to pay more than 100 billion rubles to the budget<\/b><\/p>\n 27.09.2023 | In 2023, the federal budget should receive 114.5 billion rubles. in the form of gratuitous proceeds from non-governmental organizations and foreign companies selling assets in Russia. This assessment is contained in the explanatory note to the draft federal budget for 2024 and the planning period 2025\u20132026.<\/p>\n The authorities planned to receive \u20bd114 billion of gratuitous fees from business. Revenues \u201cfrom other gratuitous income from non-state organizations to the federal budget, including those related to the sale of assets by foreign companies\u201d, in 2023 will amount to 114.5 billion rubles. Such an assessment is contained in the explanatory note to the federal budget project for 2024 and the planning period 2025\u20132026. This article will amount to about a quarter of all free revenues in 2023.<\/p>\n https:\/\/www.moscowtimes.ru\/2023\/09\/27\/pravitelstvo-zastavit-uhodyaschie-iz-rossii-kompanii-zaplatit-v-byudzhet-bolee-100-mlrd-rublei-a108092<\/a> ; https:\/\/www.rbc.ru\/economics\/27\/09\/2023\/6512c9419a79477313495b96<\/a>\u00a0<\/p>\n Merrill Lynch Securities up for sale<\/b><\/p>\n 27.09.2023 | One of the last remaining brokers in the Russian Federation with foreign shareholders, Merrill Lynch Securities, which was among the top ten on the market before the outbreak of hostilities in Ukraine, may be sold. The company has no customer base left, and the infrastructure is outdated and requires investment, experts warn. Therefore, the buyer is an investor unrelated to the main business, which does not exclude the resale of the company under a new name.<\/p>\n https:\/\/www.kommersant.ru\/doc\/6238430<\/a>\u00a0<\/p>\n Profit of the banking sector by the end of 2023 may exceed 3 trillion rubles<\/b><\/p>\n 27.09.2023 | Forecasts for the performance of Russian banks in 2023 are becoming increasingly optimistic. Expert RA analysts expect the sector\u2019s profit for the year to be more than 3 trillion rubles, which is a third higher than the record of two years ago.<\/p>\n https:\/\/www.kommersant.ru\/doc\/6238366<\/a>\u00a0<\/p>\n Nabiullina spoke out against the Chinese model for the Russian financial market<\/b><\/p>\n 27.09.2023 | On September 26, Chairman of the Bank of Russia Elvira Nabiullina gave a lecture for students of the Faculty of Economics of Moscow State University. M.V. Lomonosov. During the lecture, Ms. Nabiullina, among other things, spoke out against the \u201cChinese way\u201d and stated that segmenting the domestic and external foreign exchange markets is a backward movement for Russia.<\/p>\n https:\/\/www.kommersant.ru\/doc\/6239016<\/a> ; https:\/\/www.moscowtimes.ru<\/a>\u00a0<\/p>\n The Bank of Russia extended restrictions on transfers of funds abroad for six months<\/b><\/p>\n 29.09.2023 | The restrictions will remain in effect until the end of March 2024. Citizens will be able to transfer no more than $1 million or the equivalent in foreign currency to foreign banks per month. Through money transfer systems, you can transfer no more than $10 thousand per month.<\/p>\n https:\/\/www.kommersant.ru\/doc\/6240094<\/a>\u00a0<\/p>\n In 2022, the profits of Chinese companies in the Russian car market increased by 91%<\/b><\/p>\n 29.09.2023 | In 2022, the revenue of Chinese companies in the Russian car market increased to 346 billion rubles. We are talking about the companies Chery Automobile, Great Wall Motor, Geely, JAC Motors, Changan Automobile, China FAW Group and Dongfeng Motor. According to Forbes, these companies now have virtually no competitors left in the Russian market.<\/p>\n https:\/\/www.kommersant.ru\/doc\/6240096<\/a><\/p>\n MONTHLY FOCUS: On leaving the Russian Federation. Results of September 2023<\/b><\/p>\n In this digest, we will summarize the results of September 2023 and provide year-to-date statistics on full exits since the beginning of the war.<\/p>\n In our project, we pay special attention to companies that have their own legal entities in Russia, pay taxes, hire staff, etc.\u00a0<\/p>\n We would like to remind you that we assign the status of \u201cexited\u201d exclusively based on the results of changes in the composition of company owners in the Russian Federation reflected in the official register, or when the closing of the transaction was notified in another official way (for example, in press releases or during the disclosure of information on the Stock Exchange by public companies) or based on company\u2019s liquidation.There are about 1\u2019500 companies identified in the KSE database with revenue data available of more than $306 billion in 2021 and ~$217 billion in 2022<\/b>. And at least 284<\/b> of them have already been sold by local companies or were liquidated and left the Russian market. In September 2023 KSE Institute identified +11 new exits\u2076<\/b>, total number<\/b> of exits observed since the beginning of Russia’s invasion reached 284<\/b>.<\/p>\n On the chart below, share of exited and other statuses based on revenue-2021 allocation<\/b> is shown. It is worth mentioning when we analyze status \u201cleave\u201d it is also worth paying attention to sub-statuses (suspension could be treated as a temporary pause in operations while withdrawal – is a clear sign of the company’s intention to exit Russia in full).<\/p>\n % of exited is 23% <\/b>based on revenue allocation, those who are leaving<\/b> represent 28%<\/b> of total revenue (with 36%<\/i> share of<\/i> suspensions<\/i> and 64% of withdrawals<\/i> sub-statuses), % of staying <\/b>companies represent 31%<\/b> of revenue and 18%<\/b> are waiting <\/b>companies based on revenue generated in Russia in 2021. So we observe the situation that % of leaving companies is greater than % of staying ones (which means that more than 50% of pre-invasion revenue is leaving Russia).<\/p>\n If we take a look at the same chart based on revenue-2022 distribution<\/b> – the picture will be a bit different:<\/p>\n % of exited is 21% <\/b>based on revenue allocation, those who are leaving<\/b> represent only 21%<\/b> of total revenue (with 28%<\/i> share of<\/i> suspensions<\/i> and 72% of withdrawals<\/i> sub-statuses), % of staying <\/b>companies represent 41%<\/b> of revenue and 17%<\/b> are waiting <\/b>companies based on revenue generated in Russia in 2022.<\/p>\n Key conclusion could be the following: on the general background of falling revenue in 2022 companies which made the decision to leave earned less than those who stayed and more companies migrated from the \u201csuspension\u201d sub-status to \u201cwithdrawal\u201d showing their increased intention to cut ties with Russia.<\/p>\n Geography is the most important factor that explains companies’ decisions. Companies from “unfriendly countries” (a term coined by the Russian Federation to describe countries that joined the international sanctions policy against the Russian Federation in response to its invasion of Ukraine) are much more likely to exit.<\/p>\n Here are also the breakdowns by by countries and by industries of the companies which already exited:<\/p>\n So, as of the end of September 2023, companies from 35 countries<\/b> and 40 industries<\/b> have already exited showing their true reaction to the war started by Russia and its not provoked aggression against Ukraine. Most of the companies were headquartered in the USA, Germany, Finland, Great Britain and France and operated in the \u201cAutomotive\u201d, \u201cConsumer goods and closing\u201d, \u201cElectronics\u201d, \u201cEnergy, oil and gas\u201d, \u201cFinance and payments\u201d and \u201cFood & Beverage\u201d industries.<\/p>\n For a more accurate explanation of the behavior of companies, it is necessary to take into account several factors at the same time. According to our analysis, companies in the technological and communication sector are most prone to exit (as opposed to those who remain in the Russian Federation). Partially due to the fact that they have fewer physical assets in the Russian Federation than in the production sectors. Companies that produce products for the daily consumption of the population in the Russian Federation are less likely to leave (this is one of their key explanations why they do not leave). Pharmaceutical companies that explain their decisions by concern for public health tend to be the \u201cstaying\u201d companies.<\/p>\n Companies with larger local revenue and public companies are also inclined to leave the market: presumably, large multinational corporations are more responsible for their reputation and respond to investors’ requests. In addition, it is likely that the exit of the largest multinationals from the Russian Federation is not as painful for them for global business as it is for smaller companies, for which the share of the Russian market can be significant.<\/p>\n Here is the list of \u201cexiters\u201d that we were able to identify recently: Bilfinger<\/b><\/a> (Probably internal transfer as new owner became foreign private individual), British American Tobacco<\/b><\/a>, Fletcher Hotels<\/b><\/a>, IHI Corporation<\/b><\/a>, Ingram Micro<\/b><\/a>, Magna International<\/b><\/a>, Mondi Group<\/b><\/a>, National Investment Company<\/b><\/a>, Ponsse PLC<\/b><\/a>, PPG<\/b><\/a>, Volvo Cars<\/b><\/a>. Also, the following companies made partial exits selling part of their local assets: Philips<\/b><\/a>, Softline International<\/b><\/a>, Knorr-Bremse<\/b><\/a>.<\/p>\n Most of these exits were identified before in their preparation phase. Also, we are not in a hurry to assign \u201cexited\u201d status to many companies that are literally on the verge of exit, although they have not yet finalized this process (even though some of them have already been nationalized, partly sold their business or initiated bankruptcy procedures).<\/p>\n Here are just some of them: Amedia<\/b><\/a> (The Russian printing assets of the Norwegian holding Amedia (Prime-Print printing house network) were transferred to the management of the Federal Property Management Agency – by presidential decree), Baring Vostok Capital Partners<\/b><\/a> (The fund of American investor Michael Calvey Baring Vostok sold a majority stake in the collection agency First Client Bureau (PKB) to the structure of Russian entrepreneur Roman Kovalev), Cargill<\/b><\/a> (The US giant Cargill is selling a share of its grain business in Russia), Danone<\/b><\/a> (The full name was changed from DANONE TRADE LLC to H&N TRADE LLC. 20.09.2023: The entry about the founder of JSC “DANONE RUSSIA” was deleted; JSC “H&N” becomes the new founder of the organization), Diageo<\/b><\/a> (Moscow Brewing Company (MPK) decided to supply Irish Guinness and has already imported the first batch of the drink. IPC imported a batch of Guinness Draught, which includes kegs with a capacity of 30 liters. Guinness will be sold in Russia, Kremlin agency claims), Fraport<\/b><\/a> (Fraport to sell out at Saint Petersburg Pulkovo: part one \u2013 sale could be possible this year), Glencore<\/b><\/a> (Glencore stopped being Russneft’s shareholder in 2022. Sberbank tries to seize Glencore’s Russian assets over oil debt), Hyundai<\/b><\/a> (Hyundai Motor may sell the Russian plant to the local firm. Previously Hyundai Motor was in talks to sell the Russia plant to Kazakhstan), IKEA<\/b><\/a> and its owner Ingka<\/b><\/a> (The owner of IKEA has found a buyer for the remains of his assets in Russia, 14 shopping centers), Intesa Sanpaolo<\/b><\/a> (Putin allowed the largest Italian bank to leave Russia), Makrochem SA<\/b><\/a> (On August 11, 2023, the MAKROchem Group closed its representative office in Russia. The Management Board of the MAKROchem Group has decided to sell all shares in the subsidiary in Russia by the end of 2023. Preparations are currently underway to conclude an appropriate agreement, and MAKROchem will inform about the final sale of shares in a special announcement).<\/p>\n The next review of deals for October 2023 will be available in a month.<\/p>\n What\u2019s new last month – key news from Daily monitoring\u00a0<\/b><\/p>\n (updated on a bi-weekly basis)\u2077<\/b><\/p>\n *Xsolla <\/b>(USA, Gaming) Status by KSE – stay<\/i><\/p>\n Xsolla is still in Russia. Russians have access to client data from Epic Games, Roblox, Valve and others<\/p>\n https:\/\/ain.ua\/2023\/09\/16\/xsolla-prodovzhuye-praczyuvaty-v-rf\/<\/a>\u00a0<\/p>\n *PetroNeft Resources <\/b>(Ireland, Energy, oil and gas) Status by KSE – leave<\/i><\/p>\n Petroneft Resources to Sell Russian Business to CEO Pavel Tetyakov for $2 Ml<\/p>\n https:\/\/www.marketwatch.com\/story\/petroneft-resources-to-sell-russian-business-to-ceo-pavel-tetyakov-for-2-mln-9f89359b<\/a>\u00a0<\/p>\n *JOGMEC <\/b>(Japan, Energy, oil and gas) Status by KSE – stay<\/i><\/p>\n *Mitsui & Co. <\/b>(Japan, Energy, oil and gas) Status by KSE – stay<\/i><\/p>\n Japanese Mitsui will comply with indirect US sanctions regarding Arctic LNG-2<\/p>\n https:\/\/www.kommersant.ru\/doc\/6222752<\/a>\u00a0<\/p>\n *Apple <\/b>(USA, Electronics) Status by KSE – leave<\/i><\/p>\n Apple informs journalists Russia is targeting them with Pegasus spyware<\/p>\n https:\/\/news.yahoo.com\/apple-informs-journalists-russia-targeting-165711499.html<\/a>\u00a0<\/p>\n *YouTube <\/b>(USA, Online Services) Status by KSE – wait<\/i><\/p>\n In the State Duma, the conditions for blocking YouTube were named<\/p>\n https:\/\/www.moscowtimes.ru\/2023\/09\/17\/vgosdume-nazvali-uslovie-blokirovki-youtube-a107171<\/a>\u00a0<\/p>\n *Halliburton <\/b>(USA, Energy, oil and gas) Status by KSE – exited<\/i><\/p>\n Halliburton equipment worth $7.1m imported into Russia in past year, customs records show<\/p>\n https:\/\/www.theguardian.com\/business\/2023\/sep\/17\/russia-trade-halliburton-equipment-export-us-oil<\/a><\/p>\n *Spinner GmbH<\/b> (Germany, Defense) Status by KSE – stay<\/i><\/p>\n Ukraine Asks Germany to Halt Machinery Headed for Russia<\/p>\n https:\/\/www.bloomberg.com\/news\/articles\/2023-09-18\/ukraine-asks-germany-to-halt-ammunition-tool-headed-for-russia?leadSource=uverify%20wall<\/a>\u00a0<\/p>\n *Mondi Group<\/b> (Great Britain, FMCG) Status by KSE – exited<\/i><\/p>\n Mondi plc today announces that it has entered into an agreement to sell its last remaining facility in Russia<\/p>\n https:\/\/www.mondigroup.com\/media\/17001\/mondi-announces-agreement-to-sell-mondi-syktyvkar.pdf<\/a><\/p>\n https:\/\/www.reuters.com\/markets\/deals\/uks-mondi-sell-russian-plant-sezar-invest-about-826-mln-2023-09-18\/<\/a>\u00a0<\/p>\n *Amedia<\/b> (Norway, Media) Status by KSE – leave<\/i><\/p>\n The Russian printing assets of the Norwegian holding Amedia, which left the country after the start of hostilities in Ukraine, have been transferred to the management of Rosimushchestvo.<\/p>\n https:\/\/www.kommersant.ru\/doc\/6223780<\/a><\/p>\n *International Paper<\/b> (USA, Consumer goods and clothing) Status by KSE – exited<\/i><\/p>\n International Paper sells Russian JV stake to local shareholders -Ilim Group<\/p>\n https:\/\/www.reuters.com\/markets\/deals\/international-paper-sells-russian-jv-stake-local-shareholders-ilim-group-2023-09-18\/<\/a>\u00a0<\/p>\n *UEFA<\/b> (Switzerland, Sport) Status by KSE – leave<\/i><\/p>\n UEFA told when Russia will return to world football\u00a0<\/p>\n https:\/\/dailysports.net\/news\/uefa-told-when-russia-will-return-to-world-football\/<\/a>\u00a0<\/p>\n *HSBC<\/b> (Great Britain, Finance and payments) Status by KSE – leave<\/i><\/p>\n Sovkombank demanded a debt from HSBC in the form of the ruble equivalent of 12,958 ounces of gold<\/p>\n https:\/\/www.interfax.ru\/business\/921324<\/a><\/p>\n *Ponsse PLC <\/b>(Finland, Automotive) Status by KSE – exited<\/i><\/p>\n Ponsse Plc has today completed the sale of all shares in OOO Ponsse, its subsidiary that provided PONSSE services in Russia and Belarus. After the conditions of the transaction were met, Ponsse’s business operations in Russia transferred to OOO Bison, a Russian company, and the trade received the approval of the local authorities.<\/p>\n https:\/\/www.marketscreener.com\/quote\/stock\/PONSSE-OYJ-1412517\/news\/Sale-of-Ponsse-s-subsidiary-in-Russia-completed-44868087\/<\/a>\u00a0<\/p>\n *Luminor<\/b> (Finland, Logistics, Transport) Status by KSE – stay<\/i><\/p>\n *Siberica <\/b>(Finland, Logistics, Transport) Status by KSE – stay<\/i><\/p>\n The head of two Finnish companies was arrested for circumventing anti-Russian sanctions<\/p>\n https:\/\/www.rbc.ru\/rbcfreenews\/65085a929a79472cdd0d4908<\/a><\/p>\n *Shenzhen Venz Technology<\/b> (China, Electronics) Status by KSE – stay<\/i><\/p>\n MTS is testing five models of “MTS Center” smart speakers manufactured by the Chinese company Shenzhen Venz Technology Co., Ltd.<\/p>\n https:\/\/www.kommersant.ru\/doc\/6224406<\/a>\u00a0<\/p>\n *Glencore <\/b>(Switzerland, Agriculture) Status by KSE – leave<\/i><\/p>\n Glencore stopped being Russneft’s shareholder in 2022 – Russneft *UEFA<\/b> (Switzerland, Sport) Status by KSE – leave<\/i><\/p>\n UEFA urged to act with Russian oil company still sponsoring Champions League club<\/p>\n https:\/\/www.mirror.co.uk\/sport\/football\/news\/uefa-gazprom-champions-league-sponsor-30975962 *ONGC Videsh Ltd<\/b> (India, Energy, oil and gas) Status by KSE – stay<\/i><\/p>\n India’s ONGC willing to wait to regain oil from Russian project<\/p>\n https:\/\/www.reuters.com\/markets\/commodities\/indias-ongc-willing-wait-regain-oil-russian-project-2023-09-19\/<\/a><\/p>\n *Fishman Group <\/b>(Israel, Hospitality, Real estate) Status by KSE – leave<\/i><\/p>\n Mirland Development, founded by the Israeli Fishman Group, can transfer part of its last Russian assets with a total value of 5\u20136 billion rubles. third party company<\/p>\n https:\/\/www.kommersant.ru\/doc\/6225278<\/a>\u00a0<\/p>\n *Diageo<\/b> (Great Britain, Food & Beverages) Status by KSE – wait<\/i><\/p>\n Moscow Brewing Company (MPK) decided to supply Irish Guinness and has already imported the first batch of the drink.<\/p>\n https:\/\/www.kommersant.ru\/doc\/6225299<\/a>\u00a0<\/p>\n *Xiaomi <\/b>(China, Electronics) Status by KSE – stay<\/i><\/p>\n Three mobile operators in Finland have stopped selling Xiaomi smartphones because of the company’s operations in Russia<\/p>\n https:\/\/www.epravda.com.ua\/news\/2023\/09\/21\/704596\/<\/a>\u00a0<\/p>\n *Glencore<\/b> (Switzerland, Agriculture) Status by KSE – wait<\/i><\/p>\n Russia\u2019s largest bank is attempting to seize some of Glencore Plc\u2019s Russian assets as compensation for what it says is an unpaid oil trading debt.<\/p>\n https:\/\/www.bloomberg.com\/news\/articles\/2023-09-20\/sberbank-tries-to-seize-glencore-s-russian-assets-over-oil-debt<\/a>\u00a0<\/p>\n *VEON <\/b>(Netherlands, Telecom) Status by KSE – leave<\/i><\/p>\n Kyivstar head expects complete exit of parent VEON from Russia by mid-Oct<\/p>\n https:\/\/en.interfax.com.ua\/news\/general\/936188.html<\/a>\u00a0<\/p>\n *Polymetal<\/b> (Great Britain, Metals and Mining) Status by KSE – leave<\/i><\/p>\n Gold and silver producer Polymetal International plans to sell all of its Russian assets rather than split them up, and will hire an adviser for the deal soon<\/p>\n https:\/\/finance.yahoo.com\/news\/polymetal-sell-russian-business-one-092857817.html<\/a>\u00a0<\/p>\n *Spinner GmbH<\/b> (Germany, Defense) Status by KSE – stay<\/i><\/p>\n The National Agency on Corruption Prevention in Kyiv informed the German government that a so-called CNC machine manufactured by Spinner Werkzeugmaschinenfabrik GmbH is en route to a plant in Russia from Turkey, according to letters seen by Bloomberg News and people familiar with the matter.\u00a0<\/p>\n https:\/\/nazk.gov.ua\/uk\/novyny\/nimetski-verstaty-yaki-vyroblyayut-zbroyu-dlya-rf-nazk-vneslo-kompaniyi-spinner-ta-dmg-mori-do-pereliku-mizhnarodnyh-sponsoriv-vijny\/<\/a>\u00a0<\/p>\n *JPMorgan<\/b> (USA, Finance and payments) Status by KSE – wait<\/i><\/p>\n The US asked JPMorgan to show patience, but the bank, on its own initiative, closed the payment channel with the Russian side for agricultural exports after Moscow withdrew from the grain deal https:\/\/www.reuters.com\/markets\/commodities\/us-urged-jpmorgan-be-patient-before-halt-processing-russia-grain-payments-2023-09-21\/?fbclid=IwAR1H6cstYnem-2KEKWXasZK55td1dATEziYLL35LWQzkmtcHN3uPGdVnCRw<\/a>\u00a0<\/p>\n https:\/\/www.rbc.ru\/politics\/21\/09\/2023\/650bb0189a7947eafb3a2db7<\/a>\u00a0<\/p>\n *Medtronic<\/b> (Ireland, Pharma, Healthcare) Status by KSE – wait<\/i><\/p>\n *Abbott Labs<\/b> (USA, Pharma, Healthcare) Status by KSE – wait<\/i><\/p>\n There have been problems with the import of products for the treatment of diabetes<\/p>\n https:\/\/www.kommersant.ru\/doc\/6225287<\/a><\/p>\n *EuBiologics<\/b> (South Korea, Pharma, Healthcare) Status by KSE – stay<\/i><\/p>\n EuBiologics signed another technology transfer agreement and contract to supply raw materials for its meningococcal quadrivalent vaccine to Nanolek, a Russian biopharmaceutical.<\/p>\n https:\/\/www.koreabiomed.com\/news\/articleView.html?idxno=22139<\/a>\u00a0<\/p>\n *Bopel Mobile Technology Co Limited<\/b> (China, Electronics) Status by KSE – stay<\/i><\/p>\n The “anti-espionage” smartphone for Russian officials is actually made in China. The company declared the smartphone under the Ruteq trademark in several models, manufactured by Bopel Mobile Technology Co Limited from Hong Kong.<\/p>\n https:\/\/sprotyv.info\/ekonomica\/antishpigunskij-smartfon-dlya-chinovnikiv-rf-naspravdi-vigotovlyayut-u-kita\u0457\/<\/a>\u00a0<\/p>\n *Google <\/b>(USA, Online Services) Status by KSE – wait<\/i><\/p>\n Google’s AI system won’t answer negative questions about Vladimir Putin asked in Russian – but does make argument for Trump being racist<\/p>\n https:\/\/www.dailymail.co.uk\/sciencetech\/article-12537829\/Googles-AI-wont-answer-negative-questions-Vladimir-Putin-asked-Russian-gladly-makes-argument-Trump-racist.html<\/a>\u00a0<\/p>\n *Wargaming<\/b> (Cyprus, Gaming) Status by KSE – exited<\/i><\/p>\n Wargaming lost $250 million from leaving the Russian Federation and the Republic of Belarus<\/p>\n https:\/\/ain.ua\/2023\/09\/21\/wargaming-bez-rf-rb\/<\/a>\u00a0<\/p>\n *SEFE Securing Energy for Europe<\/b> (Germany, Energy, oil and gas) Status by KSE – stay<\/i><\/p>\n Germany Faces Criticism Over SEFE\u2019s Renewed LNG Trade With Russia<\/p>\n https:\/\/www.bloomberg.com\/news\/articles\/2023-09-21\/germany-faces-criticism-over-sefe-s-renewed-lng-trade-with-russia<\/a><\/p>\n *Candy<\/b> (Italy, Electronics) Status by KSE – leave<\/i><\/p>\n *Haier <\/b>(China, Electronics) Status by KSE – wait<\/i><\/p>\n The Chinese manufacturer of household appliances Haier intends to liquidate the factory of Candy household appliances in Kirov.<\/p>\n https:\/\/www.kommersant.ru\/doc\/6236873<\/a>\u00a0<\/p>\n *UnionPay<\/b> (China, Finance and payments) Status by KSE – wait<\/i><\/p>\n What are the conditions for using UnionPay cards of Russian banks<\/p>\n https:\/\/www.kommersant.ru\/doc\/6236168<\/a>\u00a0<\/p>\n *Metro AG<\/b> (Germany, FMCG) Status by KSE – stay<\/i><\/p>\n *STADA<\/b> (Germany, Pharma, Healthcare) Status by KSE – stay<\/i><\/p>\n *Raiffeisen <\/b>(Austria, Finance and payments) Status by KSE – stay<\/i><\/p>\n The war and the ruble are spoiling the business of EU firms remaining in Russia<\/p>\n https:\/\/www.dw.com\/ru\/vojna-i-slabyj-rubl-portat-biznes-ostavsimsa-v-rossii-firmam-iz-es\/a-66551533<\/a>\u00a0<\/p>\n *Bank of Georgia<\/b> (Georgia, Finance and payments) Status by KSE – leave<\/i><\/p>\n The Belarusian BNB Bank closes non-resident accounts opened by power of attorney<\/p>\n https:\/\/www.bfm.ru\/news\/534475<\/a>\u00a0<\/p>\n https:\/\/officelife.media\/news\/46580-belorusskie-banki-nachali-zakryvat-scheta-nerezidentov-otkrytye-po-doverennosti\/<\/a><\/p>\n *Royal Greenland<\/b> (Greenland, Food & Beverages) Status by KSE – leave<\/i><\/p>\n Royal Greenland takes hit from loss of Russian prawn market.<\/p>\n https:\/\/www.seafoodsource.com\/news\/premium\/business-finance\/royal-greenland-takes-hit-from-loss-of-russian-prawn-market<\/a>\u00a0<\/p>\n *Baring Vostok Capital Partners<\/b> (Russia, Finance and payments) Status by KSE – leave<\/i><\/p>\n The fund of American investor Michael Calvey Baring Vostok sold a majority stake in the collection agency First Client Bureau (PKB) to the structure of Russian entrepreneur Roman Kovalev.<\/p>\n https:\/\/www.kommersant.ru\/doc\/6236947<\/a>\u00a0<\/p>\n *KFC <\/b>(USA, Public catering) Status by KSE – exited<\/i><\/p>\n *Yum Brands<\/b> (USA, Public catering) Status by KSE – exited<\/i><\/p>\n US sanctions authority delayed KFC’s Russia exit -franchise owner<\/p>\n https:\/\/www.reuters.com\/business\/retail-consumer\/us-sanctions-authority-delayed-kfcs-russia-exit-franchise-owner-2023-09-25\/<\/a>\u00a0<\/p>\n *SEFE Securing Energy for Europe<\/b> (Germany, Energy, oil and gas) Status by KSE – stay<\/i><\/p>\n Germany confirmed the purchase of LNG from Russia under the current contract<\/p>\n https:\/\/nangs.org\/news\/markets\/gas\/v-germanii-podtverdili-zakupki-spg-iz-rossii-po-dejstvuyushchemu-kontraktu<\/a><\/p>\n *Mothercare <\/b>(Great Britain, Consumer goods and clothing) Status by KSE – exited<\/i><\/p>\n Mothercare Shares Drop After Pretax Profit Fell on Russia Exit<\/p>\n https:\/\/www.marketwatch.com\/story\/mothercare-shares-drop-after-pretax-profit-fell-on-russia-exit-b2a68f8<\/a>\u00a0<\/p>\n *Meta <\/b>(USA, Online Services) Status by KSE – leave<\/i><\/p>\n WhatsApp will not launch media channels in Russia after the threat of blocking<\/p>\n https:\/\/www.moscowtimes.ru\/2023\/09\/25\/whatsapp-ne-budet-zapuskat-media-kanali-v-rossii-posle-ugrozi-blokirovki-a107968<\/a>\u00a0<\/p>\n *Iran Aircraft Manufacturing Industrial Company (HESA)<\/b> (Iran, Defense) Status by KSE – stay<\/i><\/p>\n According to the American authorities, “UDK-STAR” interacted with the Iranian state aircraft manufacturing corporation Iran Aircraft Manufacturing Industries Corporation (HESA).<\/p>\n https:\/\/tass.ru\/ekonomika\/18837487<\/a><\/p>\n *UEFA<\/b> (Switzerland, Sport) Status by KSE – wait<\/i><\/p>\n The Executive Committee has asked the UEFA administration to propose a technical solution that would enable the reinstatement of the Russian U17 teams (both girls and boys) even when draws have already been held.<\/p>\n https:\/\/www.uefa.com\/insideuefa\/news\/0285-191247fad23e-824e6cf31d48-1000–warsaw-to-host-2024-uefa-super-cup\/<\/a>\u00a0<\/p>\n *Fortenova Group<\/b> (Croatia, Food & Beverages) Status by KSE – wait<\/i><\/p>\n VTB Bank, which controls about 7% of the shares of the largest retailer in the Balkans \u2014 Fortenova Group, is discussing the possible exchange of this share for Yandex shares<\/p>\n https:\/\/www.rbc.ru\/business\/26\/09\/2023\/6512ea6a9a794778db990e03<\/a><\/p>\n *Hyundai<\/b> (South Korea, Automotive) Status by KSE – leave<\/i><\/p>\n Hyundai Motor may sell Russian plant to local firm<\/p>\n https:\/\/m.koreaherald.com\/view.php?ud=20230926000475<\/a>\u00a0<\/p>\n *Polymetal <\/b>(Great Britain, Metals and Mining) Status by KSE – leave<\/i><\/p>\n Polymetal CEO: new tax proposals to hit price of Russian assets sale<\/p>\n![\"RF_02_10_2023_ENG2\"](\"https:\/\/kse-ua-prod-media.fra1.digitaloceanspaces.com\/wp-content\/uploads\/2023\/10\/08121146\/rf_02_10_2023_eng2.png\")
<\/figure>\n![\"RF_02_10_2023_ENG3\"](\"https:\/\/kse-ua-prod-media.fra1.digitaloceanspaces.com\/wp-content\/uploads\/2023\/10\/08121147\/rf_02_10_2023_eng3.png\")
<\/figure>\n![\"RF_02_10_2023_ENG4\"](\"https:\/\/kse-ua-prod-media.fra1.digitaloceanspaces.com\/wp-content\/uploads\/2023\/10\/08121148\/rf_02_10_2023_eng4.png\")
<\/figure>\n![\"RF_02_10_2023_ENG5\"](\"https:\/\/kse-ua-prod-media.fra1.digitaloceanspaces.com\/wp-content\/uploads\/2023\/10\/08121149\/rf_02_10_2023_eng5.png\")
<\/figure>\n![\"RF_02_10_2023_ENG6\"](\"https:\/\/kse-ua-prod-media.fra1.digitaloceanspaces.com\/wp-content\/uploads\/2023\/10\/08121149\/rf_02_10_2023_eng6.png\")
<\/figure>\n![\"RF_02_10_2023_ENG7\"](\"https:\/\/kse-ua-prod-media.fra1.digitaloceanspaces.com\/wp-content\/uploads\/2023\/10\/08121150\/rf_02_10_2023_eng7.png\")
<\/figure>\n![\"RF_02_10_2023_ENG8\"](\"https:\/\/kse-ua-prod-media.fra1.digitaloceanspaces.com\/wp-content\/uploads\/2023\/10\/08121151\/rf_02_10_2023_eng8.png\")
<\/figure>\n![\"RF_02_10_2023_ENG9\"](\"https:\/\/kse-ua-prod-media.fra1.digitaloceanspaces.com\/wp-content\/uploads\/2023\/10\/08121152\/rf_02_10_2023_eng9.png\")
<\/figure>\n![\"RF_02_10_2023_ENG10\"](\"https:\/\/kse-ua-prod-media.fra1.digitaloceanspaces.com\/wp-content\/uploads\/2023\/10\/08121153\/rf_02_10_2023_eng10.png\")
<\/figure>\n![\"RF_02_10_2023_ENG11\"](\"https:\/\/kse-ua-prod-media.fra1.digitaloceanspaces.com\/wp-content\/uploads\/2023\/10\/08121156\/rf_02_10_2023_eng11.png\")
<\/figure>\n17.09.2023<\/h3>\n
18.09.2023<\/h3>\n
19.09.2023<\/h3>\n
20.09.2023<\/h3>\n
\n https:\/\/www.reuters.com\/business\/energy\/glencore-stopped-being-russnefts-shareholder-2022-russneft-2023-09-20\/<\/a><\/p>\n
\n<\/a>https:\/\/www.dailymail.co.uk\/sport\/football\/article-12536417\/UEFA-urged-act-Russian-owned-Gazprom-set-return-Champions-League-screens-time-Ukraine-invasion-Man-Citys-opponents-Red-Star-Belgrade-sponsored-oil-giants.html<\/a>\u00a0<\/p>\n21.09.2023<\/h3>\n
22.09.2023<\/h3>\n
24.09.2023<\/h3>\n
25.09.2023<\/h3>\n
26.09.2023<\/h3>\n