Major firms suspend operations in Russia following attacks on Ukraine
MOSCOW, RUSSIA - MARCH 5: Major companies from different sectors around the world have announced the suspension of their operations in Russia one after another due to its war on Ukraine.
During the last week, many sectors in Russia saw suspension decisions, ranging from technology to automotive and energy.
Apart from sanctions, particularly those imposed by EU member states and the US, companies are trying to exert pressure on the Russian economy through their actions.
- Textile, retail trade
Mango, a Spanish textile retailer, temporarily suspended sales at 120 Russian stores and ceased exports to the country.
Sportswear giant Adidas suspended its partnership with Russian Football Union due to the war.
The German apparel company has been the Russian national football team's kit supplier for more than a decade since their partnership began in September 2008.
Puma and Nike, two major sportswear companies, also ceased operations and deliveries in Russia. Puma alone has 100 outlets in the country.
H&M, one of the largest textile retailers, suspended sales in the country, while Inditex, the owner of Zara, Bershka and Pull&Bear, stopped its services in Russia by closing its more than 500 stores.
IKEA, the Swedish furniture retailer, also halted operations in Russia and Belarus due to the Ukraine war.
Marks & Spencer stopped supplying goods to its franchise stores in Russia as of Saturday.
The US-based technology giant Apple put a halt to product sales in Russia while limiting Apple Pay and other services in the country.
"We are deeply concerned about the Russian invasion of Ukraine and stand with all of the people who are suffering as a result of the violence," it said.
Another US-based multinational software company Microsoft announced a suspension of all new products' sales and services in Russia.(Footage by Evgenii Bugubaev /Anadolu Agency via Getty Images)





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majorfirmssuspendoperationsinrussiafollowingattacksonukraine
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