Halliburton, Hyatt, Burger King, Citi, Philip Morris, Pirelli, Bridgestone, Marriott, Hilton & Baker Hughes among companies still doing business in Russia
These companies are still doing business in Russia, 10 March 2022
Since Russia invaded Ukraine last month, there has been a mass exodus of companies from Russia. The pace of these withdrawals from Russia has intensified as the Russian military adopted increasingly brutal tactics, including targeting Ukrainian civilians. Hundreds of companies — from Adidas to Shell to McDonald's — have severed or suspended their economic activities in Russia.
There are two main rationales for companies to cut ties with Russia. Some companies were partnering with state-owned enterprises and, therefore, helping fund Russia's assault on Ukraine...
In other cases, companies are suspending operations to create political pressure to end the war...
But a number of prominent companies have decided, at least for now, to continue business as usual in Russia...
[refers to Halliburton, Hyatt, Burger King, Citi, Philip Morris, Pirelli, Bridgestone, Marriott, Hilton & Baker Hughes]