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Many private companies have ceased operations in Russia or donated or matched donations to the Ukrainian government or Ukrainian organizations in response to Russia's seizure of Ukrainian territory in 2014 and 2022. Others have applied various sanctions.
By the count of researchers at the Yale School of Management, 350 companies had withdrawn by 15 March 2022, more than 400 by 18 March, and almost 1,000 by 4 May.
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