Editor’s note: This article was last updated on March 10. Previous versions of this list included McDonald’s (NYSE:MCD), Starbucks (NASDAQ:SBUX), Zara, PepsiCo (NASDAQ:PEP), Coca-Cola (NYSE:KO), Papa John’s (NASDAQ:PZZA), Uniqlo, Caterpillar (NYSE:CAT) and Yum! Brands (NYSE:YUM), which all have since announced that they were pausing operations in Russia.
Many companies are already out of Russia because of the war. Add to the dive calls, and it seems like a simple PR movement. However, some still hold fast to doing business in Russia.
Companies Not Leaving Russia
General Mills (NYSE: GIS) seems to keep its operation in Russia.
Restaurant Brands International's (NYSE: QSR) Burger King is a fast food product still operating in Russia, but Restaurant Brands has suspended business support for restaurants with franchises.
Mondelez International (NASDAQ: MDLZ) has not stopped working in Russia, although it has said it is holding back its presence.
Hilton (NYSE: HLT) has not yet closed its facilities in Russia, although it has slowed down business development and investment.
Other hotel chains including Marriott (NASDAQ: MAR) also continue to operate in areas of Russia. Marriiot uses these hotels by someone else.
Hyatt (NYSE: H) is another hotel chain that continues to operate in Russia, although it has stopped new developments and investments.
Whirlpool (NYSE: WHR) still exists in Russia, although it says it will limit its production to "essential goods."
Cloudflare (NYSE: NET) has also announced that it will not stop operating in Russia.
Another company that joins Cloudflare in maintaining operations is Akamai (NASDAQ: AKAM).
With so many companies leaving Russia as the days go by it may not be long before these receive consumer strikes.
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