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Ukraine Invasion: 10 Companies That Have Terminated Contracts With Russia
Barely 14 days after the invasion of Ukraine by Russian troops, the international community has responded with sanctions with the decision of several multinational companies to terminate their contracts in Russia.
Google removed state-run Russian media apps like Sputnik and RT from Google’s Play store. It also declared on Thursday its decision not to sell online adverts via its search engine, YouTube and or any other publishing outlet.
Spotify
Spotify has claimed it is not disabling services with Russia but finds it difficult to maintain information global flow, therefore, has removed its content from platforms RT and Sputnik and indefinitely closed its Russian office.
Mercedes Benz
Mercedes has indicated that it will be suspending local manufacturing in Russia and the export of passenger cars and vans to the country.
MasterCard and VISA
Russian financial institutions have blocked those global payment companies based on targets by sanctions from their networks.
Netflix
The production and acquisition of four Russian projects were ceased by the company last week.
Volkswagen
Volkswagen ceased production of vehicles and exports in the Russian cities of Kaluga and Nizhny Novgorod.
FIFA and UEFA
The football associations have met and decided to bar Russia from any competition following its actions on Ukraine. EA sports have begun the removal of Russian-related teams from FIFA video games.
Apple
Apple is another multinational company that took the decision to terminate contracts in Russia and has stopped product sales to Russia, restricted applications and disabled its traffic feature within Apple Macs in Ukraine.
YouTube
The company has blocked its channels operated via funds from Russian states, prevented it from earning money from video advertisements and also restricted the channels access in Ukraine.
Shell
A Russian state-owned gas company, Gazprom, will be deprived of over $3 billion. Shell disclose this on Monday.
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