All the Western companies still trading in Russia after McDonald's pulls out

10.03.2022 - 13:27 / manchestereveningnews.co.uk

Major companies are pulling their business out of Russia as global economic pressure piles on the country following the invasion of Ukraine.

Governments across the world, including the UK, have imposed sanctions on Russia in a bid to pile pressure on Vladimir Putin to deter further war. Several Western companies have also cut ties with Russia, even if it hurts their profits, the Mirror reports.

On Tuesday McDonald's suspended business in Russia after huge public pressure. But despite the war, some companies have been unwilling to withdraw. So which countries have pulled out and which ones are still operating in Putin-ruled Russia?

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Supermarkets like Tesco, Sainsbury's and Asda have all stopped buying in Russian products to support people in Ukraine, with Sainbury's also changing the name of its Chicken Kiev to the correct spelling of 'Chicken Kyiv'.

Sainsbury’s said: “We stand united with the people of Ukraine. We have reviewed our product range and have decided to remove from sale all products that are 100% sourced from Russia.”

Clothes shops like Next, ASOS and Boohoo have suspended trading in Russia. H&M followed suit, despite around 4% of its sales - the company's sixth-biggest market - coming from Russia.

A notable recent addition to the list is Adidas, which also withdrew its deal with the Russian national football team and announced it would suspend operations in Russia until further notice, though it will continue to pay its employees there. It said: "As a company, we strongly condemn any form of violence and stand in solidarity with those calling for peace."

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