Business in Russia
Volvo Cars / Polestar (Owned by China’s Geely)
Brands: Volvo, Polestar, Lynk & Co.
European Manufacturing: Belgium, Sweden (some Volvo models).
Battery Sourcing: CATL (China), LG Chem (Poland), future Northvolt (Sweden).
Estimated nr. of European Jobs: ~40,000+ (direct and supply chain).
Privacy Concerns: Moderate to High – Geely ownership raises data security concerns.
Mazda (Japan)
Brands: Mazda
European Manufacturing: No European presence.
Estimated nr. of European Jobs: ~650+
Privacy Concerns: Moderate. In May 2025, Mazda resumed deliveries of select models to Russia through its partners.
Ecco
Known for: Danish brand known for premium leather shoes with a focus on comfort and durability.
Employees: ~21,000 globally
Manufacturing: Designed in Denmark, produced in own factories (incl. Portugal, Slovakia, Thailand)
Controversy: Chose to stay in Russia after 2022 invasion, leading to loss of Danish royal warrant and public backlash.
Anadolu
Arçelik
Employees: Around 30,000
Known for: Affordable and reliable washing machines, dishwashers, refrigerators under brands like Beko and Grundig.
Website: https://www.arcelikglobal.com
Clarins
Known for: Premium skincare, Double Serum
Employees: ~8,000
Manufactured in: France
Controversies: Presence in Russia - selling online, operations ongoing