Factbox-International Companies Exposed to Russia

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LONDON (Reuters) – International companies with exposure to Russia are taking steps to comply with sweeping Western sanctions following Moscow’s invasion of Ukraine.

Here is a list of some of the companies exposed to Russia, which calls its actions in Ukraine a “special operation”:

ASIAN COMPANIES:

AVOLON

The private plane lessor has less than 20 planes in Russia and one or two in Ukraine, out of a total of more than 550 planes, its chief executive said last week.

BOC AVIATION

The lessor said on Monday that most leases to Russian airlines should now be terminated by March 28. It has 18 planes representing 4.5% of its Russia-based owned fleet, placed with Aeroflot subsidiary Pobeda as well as Ural Airlines, S7 Airlines and AirBridgeCargo Airlines, BOC said. In addition, it has another aircraft in its fleet managed on lease with Rossiya Airlines.

JAPAN TOBACCO

The company employs about 4,500 people at its JTI offices and factories in Russia, and its tax payments in 2020 accounted for 1.4% of the Russian Federation’s state budget, the company said on its website. The former tobacco monopoly depends on the Commonwealth of Independent States, including Russia and Belarus, for about a fifth of its profits.

MARUBENI CORP

The Japanese trading house has four offices in Russia, where it sells tires for mining equipment and runs a health check center.

MITSUBISHI CORP

The company distributes Mitsubishi Motor vehicles through some 141 dealerships in Russia and has a stake in the Sakhalin II oil and gas development project which supplies Japan with liquefied natural gas (LNG) and trades in coal, aluminum, nickel, coal, methanol, plastics and other materials. . It also supplies power plant equipment and other machinery to Russia.

SBI HOLDINGS

SBI Bank, established nearly three decades ago, provides business services and loans to Japanese companies expanding their business in Russia.

TOYOTA

The company’s plant in St. Petersburg, Russia, manufactures Camry and RAV4 vehicles, and it has a sales office in Moscow. It has approximately 2,600 employees, including 26 Japanese nationals, at these sites.

EUROPEAN COMPANIES:

AERCAP HOLDINGS

The world’s largest leasing company announced on Monday that it would cease leasing activities with Russian airlines. It has the largest industry exposure to Russia and Ukraine with 152 aircraft, according to consultancy IBA. AerCap said that in net book value, 5% of its fleet was leased in Russia as of December 31.

BASF

The German chemicals maker co-owns Wintershall Dea – one of the backers of the suspended Nord Stream 2 gas pipeline – along with Russian billionaire Mikhail Fridman’s LetterOne investor group. BASF also claims to generate 1% of group sales in Russia.

BP

The British oil major, which is Russia’s largest foreign investor, said on Sunday it planned to shed its 19.75% stake in oil giant Rosneft following Russia’s invasion of Ukraine, marking the brutal and costly end of 30 sometimes difficult years. operating in the oil-rich country. It also has stakes in several other oil and gas projects in Russia.

COCA-COLA HBC

The London-listed company bottles Coke for Russia, Ukraine and much of Central and Eastern Europe. It counts Russia among its largest markets and employs 7,000 people there.

DANONE

The French yogurt maker controls the Russian dairy brand Prostokvanhino and makes 6% of the country’s total sales.

ENGIE

The French gas utility is one of five co-financiers of Gazprom’s Nord Stream 2 and has a stake in the Nord Stream 1 operating gas pipeline along with Wintershall Dea, E.ON and Gasunie.

ENI

The Italian company and Gazprom each own 50% of the Blue Stream gas pipeline to Turkey.

EQUNOR

The Norwegian company, which holds minority stakes in three Russian oil fields, announced on Monday that it would begin to divest its joint ventures in Russia.

– The Norwegian sovereign wealth fund, the largest in the world, will also sell its Russian assets, worth around 25 billion Norwegian kroner (2.80 billion dollars).

GENERAL

Italy’s largest insurer holds a minority stake in Russian insurer Ingosstrakh.

HEIDELBERGEMENT

The German company has three factories in Russia which it says do not export outside the country.

MAYOR TECNIMONT

The Italian engineering group has an order book in Russia of 1.5 billion euros ($1.68 billion), or 17% of its total order book. It recently won a project from Russian Rosneft for the construction of a VGO hydrocracking complex in Ryazan.

SUBWAY

The German retailer employs around 10,000 people in Russia where it serves some 2.5 million customers and operates 26 stores in Ukraine.

NESTE

The Finnish refiner said on Monday it had replaced most of its purchases of Russian crude oil with other crudes such as North Sea oil. It depended on Russia for two-thirds of its oil needs.

NESTLE

The Swiss consumer goods giant had six factories in Russia in 2020, including confectionery and beverage factories, according to its website. Its 2020 sales from Russia were worth around $1.7 billion.

NOKIAN TIRES

The Finnish company said it is moving some production to Finland from Russia where it has a factory and warehouse. Around 80% of its annual capacity is in Russia, where it employs around 1,600 people.

OMV

The oil and gas company is one of five backers of Nord Stream 2 and the main Austrian importer of Russian gas. It holds a 24.99% stake in Russia’s Juschno-Russkoje gas field.

RENAULT

The French automaker makes 8% of its core revenue in Russia, according to Citibank. It holds a 69% stake in the Russian joint venture Avtovaz, which is the origin of the Lada car brand and sells more than 90% of its car production locally.

ROLLS ROYCE

The British aero-engine maker says 20% of its titanium, used in jet engines, comes from Russia, but said the country contributes less than 2% of its total revenue.

SAFFRON

Russia’s VSMPO-AVISMA is the French jet engine maker’s largest titanium supplier, although the French company says Russia supplies less than half of its requirements.

SHELL

The Anglo-Dutch oil company owns 27.5% of the Sakhali-2 liquefied natural gas project, which has an annual capacity of 10.9 million tonnes and is operated by Gazprom. He is one of the five co-financiers of Nord Stream 2.

TOTAL ENERGY

The French oil major is one of the biggest investors in Russia with a 19.4% stake in Russia’s Novatek, a 20% stake in joint venture Yamal LNG, as well as a 10% stake in Arctic LNG 2, which is scheduled for launch next year. , according to its website.

The company also has a 49% stake in the Terneftegas joint venture, which develops Termokarstovoye onshore gas and condensate, and a 20% stake in the onshore Kharyaga oilfield and has various other interests in the energy sectors. renewables and chemicals in the country.

UNIPER

The German utility has a $1 billion exposure to Nord Stream 2, as well as five power plants in Russia with a combined capacity of 11.2 gigawatts, supplying around 5% of Russia’s total energy needs. Uniper and its majority shareholder Fortum together own 12 power plants in Russia and employ 7,000 people there.

Uniper owns 83.7% of Russian utility Unipro.

VOLKSWAGEN

The German automaker has two factories and about 4,000 employees in Russia. It built around 170,000 vehicles in the country in 2021, a small number compared to the 8.9 million units sold globally last year.

MIDDLE EAST:

DUBAI AEROSPACE ENTERPRISE (DAE)

The Dubai-owned aircraft lessor has at least three Russian airline customers, including Aeroflot, according to its website.

AMERICAN COMPANIES

EXXON-MOBILE

The oil major’s key asset in Russia is the Sakhalin-1 oil and gas project in the Pacific. Exxon Mobil also markets petrochemicals in Russia that are used by local industries, according to its website. A subsidiary of Exxon Mobil holds a 7.5% stake in the Caspian Pipeline Consortium (CPC), which exports oil from Kazakhstan through the Russian port of Novorossiysk on the Black Sea.

(Reporting by Reuters correspondents, compiled by Emelia Sithole-Matarise; editing by Alexander Smith and Louise Heavens)

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