A number of Israeli technology companies have suspended or pulled their commercial operations in Russia over its ongoing war on Ukraine, amid an avalanche of coordinated government sanctions by Western nations and a boycott by private and public companies that began days after Russian troops invaded Ukraine on February 24.
As the war rages on, these punitive measures against Moscow have been gaining pace.
By Sunday March 13, over 350 companies, including tech firms, major manufacturers and consumer brands have either suspended or halted their operations in Russia altogether or have restricted their services in order to pressure the Kremlin over the war, according to a running tally kept by a team of researchers from Yale University. The list includes Visa, Apple, Facebook, Mastercard, Amazon, Google, Ford, Dell, DHL, and McDonald’s, as well as a host of luxury brands.
These moves have been coupled with far-reaching sanctions by Western governments on Russian agencies, companies, and individuals such as President Vladimir Putin as well as dozens of oligarchs, the scale of which economic analysts say is unprecedented.
The oligarchs — government officials and business owners who have amassed vast wealth and considered Putin’s loyalists — are seen as somewhat vulnerable because much of their wealth is tied to Western interests.
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