Factbox: Companies Exposed to Russia

LONDON, Feb 25 (Reuters) – International companies exposed to Russia are bracing for new Western sanctions after Moscow invaded Ukraine. Read more

Here is a list of some of the companies, by region:

EUROPEAN COMPANIES:

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BASF

The German chemical maker (BASFn.DE) co-owns Wintershall Dea – one of the backers of the suspended Nord Stream 2 gas pipeline – 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 is the largest foreign investor in Russia with a 19.75% stake in the country’s national oil company Rosneft (ROSN.MM). It also has stakes in several other oil and gas projects in Russia.

COCA-COLA HBC

The London-listed company (CCH.L) 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 (DANO.PA) controls the Russian dairy brand Prostokvanhino and accounts for 6% of the country’s total sales.

ENGIE

The French gas utility is one of five co-financiers of Gazprom’s Nord Stream 2.

EQUNOR

The Norwegian company (EQNR.OL) has minority stakes in three Russian oil fields.

GENERAL

Italy’s largest insurer (GASI.MI) has a minority stake in Russian insurer Ingosstrakh.

HEIDELBERGEMENT

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

MAYOR TECNIMONT

The Italian engineering group (MTCM.MI) 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 (B4B.DE) 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 (NESTE.HE) depends on Russia for two-thirds of its oil needs, although it says a significant portion of its crude oil purchases are made on spot markets “a charge to the time, and we are therefore able to react flexibly to changing markets”.

NESTLE

The Swiss consumer goods giant (NESN.S) 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 (TYRES.HE) has a factory and a large tire warehouse in Russia.

OMV

The oil and gas company (OMVV.VI) 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 (RENA.PA) makes 8% of its core revenue in Russia, according to Citibank. It holds a 69% stake in the Russian joint venture Avtovaz (AVAZI_p.MM) 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 (RR.L) says 20% of its titanium, used in jet engines, comes from Russia, but said the country contributes less than 2% of its revenue total.

SAFFRON

Russia’s VSMPO-AVISMA (VSMO.MM) is the largest titanium supplier to the French jet engine maker (SAF.PA), although the French company says Russia supplies less than half of its needs.

SHELL

The Anglo-Dutch oil company (SHEL.L) 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 (TTEF.PA) is one of the biggest investors in Russia with 19.4% of the Russian Novatek, 20% of the joint venture Yamal LNG, 21.6% of Arctic LNG 2, 20% of the le Kharyaga onshore oil field and various stakes in the country’s renewable energy, refining and chemicals sectors, according to its website.

UNIPER

The German utility (UN01.DE) has $1 billion exposure to Nord Stream 2, as well as five power plants in Russia with a combined capacity of 11.2 gigawatts, supplying about 5% of total energy needs of Russia. Uniper and its majority shareholder Fortum (FORTUM.HE) together own 12 power plants in Russia and employ 7,000 people there.

VOLKSWAGEN

The German automaker (VOWG_p.DE) 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.

ASIAN COMPANIES:

JAPAN TOBACCO

The company (2914.T) employs about 4,000 people at its Russian factories and its tax payments in 2020 amounted to 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 (7211.T) 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 (7203.T) 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.

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Reporting by Reuters correspondents, compiled by Emelia Sithole-Matarise; Editing by Elaine Hardcastle and Jonathan Oatis

Our standards: The Thomson Reuters Trust Principles.

About Brandon A. Hood

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