Russia Is Seizing European Company Assets — What US Businesses Are Still At Risk?
Portfolio Pulse from Natan Ponieman
Russia has been seizing assets from Western companies, including Danone and Carlsberg. In response, many foreign companies are planning to leave Russia or reduce their operations there. Several US companies, including Ford, IBM, McDonalds, Delta Airlines, Nike, United Airlines, Starbucks, Hewlett Packard, Uber, Netflix, American Airlines, and Dell, have announced a full retreat from the country. However, other US companies like Cloudflare, Tupperware, Procter & Gamble, Colgate-Palmolive, Kimberly Clark, Abbott Laboratories, Pfizer, Merck, Johnson and Johnson, Eli Lilly, Philip Morris, Coca-Cola, PepsiCo, Kellogg's, General Electric, Whirlpool, John Deere, FedEx, UPS, Intel, Qualcomm, Micron, Nvidia, and Apple continue to operate in Russia, albeit with reduced operations or suspended investments.
July 24, 2023 | 8:45 pm
News sentiment analysis
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Ascending
NEGATIVE IMPACT
American Airlines has announced a full retreat from Russia.
American Airlines' decision to fully exit Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Apple has suspended all official site sales and shut down selected apps and services in Russia.
Apple's decision to suspend all official site sales and shut down selected apps and services in Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Carlsberg's assets in Russia have been seized by the Russian government.
The seizure of Carlsberg's assets in Russia could negatively impact the company's operations and financial performance.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Delta Airlines has announced a full retreat from Russia.
Delta Airlines' decision to fully exit Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Danone's assets in Russia have been seized by the Russian government.
The seizure of Danone's assets in Russia could negatively impact the company's operations and financial performance.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
John Deere has suspended exports to Russia.
John Deere's decision to suspend exports to Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Dell has announced a full retreat from Russia.
Dell's decision to fully exit Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Ford has announced a full retreat from Russia.
Ford's decision to fully exit Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
FedEx has stopped all shipments to Russia.
FedEx's decision to stop all shipments to Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
General Electric has stopped sales of everything but medical equipment in Russia.
General Electric's decision to stop sales of everything but medical equipment in Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Hewlett Packard has announced a full retreat from Russia.
Hewlett Packard's decision to fully exit Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
IBM has announced a full retreat from Russia.
IBM's decision to fully exit Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Intel has suspended sales to Russia.
Intel's decision to suspend sales to Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Johnson and Johnson has suspended patient enrollment in clinical trials in Russia.
Johnson and Johnson's decision to suspend patient enrollment in clinical trials in Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Kellogg's has suspended operations except for essential products in Russia.
Kellogg's decision to suspend operations except for essential products in Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Kimberly Clark has suspended new investments in Russia.
Kimberly Clark's decision to suspend new investments in Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Eli Lilly has suspended clinical trials in Russia.
Eli Lilly's decision to suspend clinical trials in Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
McDonalds has announced a full retreat from Russia.
McDonalds' decision to fully exit Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Micron has suspended sales to Russia.
Micron's decision to suspend sales to Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Netflix has announced a full retreat from Russia.
Netflix's decision to fully exit Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Nike has announced a full retreat from Russia.
Nike's decision to fully exit Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Nvidia has suspended sales to Russia.
Nvidia's decision to suspend sales to Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
PepsiCo has suspended all but their essential operations in Russia.
PepsiCo's decision to suspend all but their essential operations in Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Philip Morris is exploring strategic alternatives while stopping a new investment plan of $150 million in Russia.
Philip Morris' decision to explore strategic alternatives and stop a new investment plan in Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Qualcomm has suspended sales to Russia.
Qualcomm's decision to suspend sales to Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Restaurant Brands International has stopped corporate support for its over 800 Russian franchises.
Restaurant Brands International's decision to stop corporate support for its Russian franchises could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Starbucks has announced a full retreat from Russia.
Starbucks' decision to fully exit Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
United Airlines has announced a full retreat from Russia.
United Airlines' decision to fully exit Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Uber has announced a full retreat from Russia.
Uber's decision to fully exit Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
UPS has stopped all shipments to Russia.
UPS's decision to stop all shipments to Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Whirlpool has limited its production in Russia.
Whirlpool's decision to limit its production in Russia could lead to potential losses and disruption in its operations.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEUTRAL IMPACT
Abbott Laboratories has suspended non-essential activities in Russia but continues operations.
Abbott Laboratories' decision to suspend non-essential activities but continue operations in Russia could expose the company to potential risks, including asset seizures.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEUTRAL IMPACT
Colgate-Palmolive continues to operate in Russia.
Colgate-Palmolive's decision to continue operations in Russia could expose the company to potential risks, including asset seizures.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEUTRAL IMPACT
Coca-Cola has suspended certain operations but continues to operate some chains within Russia.
Coca-Cola's decision to suspend certain operations but continue some chains in Russia could expose the company to potential risks, including asset seizures.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEUTRAL IMPACT
Merck has suspended new investment and clinical trials in Russia but continues operations.
Merck's decision to suspend new investment and clinical trials but continue operations in Russia could expose the company to potential risks, including asset seizures.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEUTRAL IMPACT
Cloudflare continues to operate in Russia.
Cloudflare's decision to continue operations in Russia could expose the company to potential risks, including asset seizures.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEUTRAL IMPACT
Pfizer has suspended new investment and clinical trials in Russia but continues operations.
Pfizer's decision to suspend new investment and clinical trials but continue operations in Russia could expose the company to potential risks, including asset seizures.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEUTRAL IMPACT
Procter & Gamble continues to operate in Russia.
Procter & Gamble's decision to continue operations in Russia could expose the company to potential risks, including asset seizures.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEUTRAL IMPACT
Tupperware continues to operate in Russia.
Tupperware's decision to continue operations in Russia could expose the company to potential risks, including asset seizures.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100