Atlassian, the company behind popular services like Trello, Jira, and others, has announced its decision to deactivate user accounts registered from Belarus and Russia. The company shared this information in a communication sent to its users, as reported by Kommersant. Accounts from these countries are set to be disabled from
Italy’s largest bank, Intesa Sanpaolo, has decided to close its Moscow office. The bank’s decision comes in the wake of its efforts to secure permission for a complete exit, which has been hindered due to Russian restrictions on asset sales, according to a company spokesperson cited [https://www.
Dutch company JDE Peet’s, known for brands like Jacobs, L’Or, Tassimo, and Douwe Egberts, will halt the sale of foreign coffee and tea brands in Russia by the end of 2023, as reported [https://www.reuters.com/business/retail-consumer/jde-peets-stop-selling-western-coffee-tea-brands-russia-by-year-end-2023-08-02/] by Reuters. While JDE Peet’s will continue
The mobile application of Tinkoff Bank has been removed from the Google Play store, rendering its link inactive. However, the bank has assured users that previously installed versions of the app will continue to function. This removal is a result of the new sanctions imposed by the United States and
EPAM has successfully sold its Russian subsidiary to the Russian company Rexoft Group. This transaction, finalized on August 2nd, was recorded in the Unified State Register of Legal Entities of the Russian Federation. The exact financial details of the deal remain undisclosed. As part of the acquisition, Rexoft Group has
The United States and Canada have expanded their sanctions against the aggressor country, Russia. The sanctions target Russian banks, individuals, and companies associated with the country's military-industrial complex. The published list of US sanctions also includes 17 other individuals. Additionally, the Canadian government reports that 21 organizations and
The European Union (EU) has announced new sanctions [https://www.consilium.europa.eu/en/press/press-releases/2023/07/20/iran-eu-adopts-new-restrictive-measures-for-military-support-to-syria-and-russia-s-war-of-aggression-against-ukraine/] against Russia and Iran in response to their military support in the war against Ukraine. The sanctions, declared by the European Council, include a ban on the export of components
Australia has imposed sanctions against 35 organizations in Russia's defense, technology, and energy sectors, as well as ten individuals, including Russian ministers, senior officials, and top military leadership in Belarus. The statement [https://www.foreignminister.gov.au/minister/penny-wong/media-release/further-sanctions-response-russias-invasion-ukraine] was made by Australia's Foreign
The United Kingdom has announced [https://www.gov.uk/government/news/uk-announces-new-sanctions-in-response-to-russias-forced-deportation-of-ukrainian-children] sanctions against 14 Russians, 11 of whom are believed to be involved in the unlawful deportation of Ukrainian children. > “Today’s sanctions hold those who prop up Putin’s regime to account, including those who would see
The United Kingdom has imposed new sanctions against individuals connected to the Wagner Group. The British government announced [https://www.gov.uk/government/news/uk-sanctions-wagner-group-leaders-and-front-companies-responsible-for-violence-and-instability-across-africa] the implementation of economic sanctions against three countries, including the Central African Republic, Sudan, and Mali, as well as certain companies and citizens from Russia
Japan has decided to expand the ban on exporting vehicles to Russia, extending the sanctions to include the supply of used cars to the aggressor country. Kyodo reports [https://english.kyodonews.net/news/2023/07/b1ce5b70e140-japan-to-expand-russia-automobile-export-ban-in-line-with-g-7-peers.html] that the relevant restrictions will take effect from August 9. In April 2022,
One of Switzerland's largest banks, Julius Baer, has issued a warning to its clients residing in Russia about the upcoming closure of their accounts. The bank informed clients that all business relations will be terminated no later than December 31, according to the message. Additionally, all transactions and
Orion Pharma, a Finnish pharmaceutical company, has announced its exit from the Russian market after 15 years of operations. The decision was revealed in the company's report [https://www.orion.fi/en/newsroom/newsroom-listing/releases/stock-releases/2023/orion-group-half-year-financial-report-162023/] for the first half of 2023, citing a 33.5%
Swedish personal hygiene products manufacturer Essity, known for its popular Zewa toilet paper, Libresse sanitary pads, and Libero diapers, has officially left the Russian market [https://www.essity.com/media/press-release/essity-has-exited-the-russian-market/13ed54a1aedb2ef7/] . The company completed the sale of its Russian business for SEK 1.2 billion to Russian billionaire
The European Council has decided to extend [https://www.consilium.europa.eu/en/press/press-releases/2023/07/20/russia-eu-renews-sanctions-over-russia-s-military-aggression-against-ukraine/?utm_source=dsms-auto&utm_medium=email&utm_campaign=Russia%253a+EU+renews+sanctions+over+Russia%25u2019s+military+aggression+against+Ukraine] economic sanctions against Russia for another six months, targeting