$60 billion: This is the colossal sum that foreign companies have paid in taxes to Russia since the full-scale invasion of Ukraine.
In 2024 alone: ​​$20 billion, enough to fund more than a million Russian soldiers.
The new report by B4Ukraine, KSE Institute, and Squeezing Putin—a coalition of which Stand with Ukraine is a member—reveals that 17 of the 20 largest foreign taxpayers in Russia come from the G7 or the EU.
In short: while Russia wages a hybrid war against our democracies: disinformation, cyberattacks, political destabilization, our own companies continue to fuel the Kremlin’s war budget.

France is directly affected:• Leroy Merlin → $6.8 billion in revenue in Russia in 2024 → $128 million in corporate income tax (5th largest foreign taxpayer).

• Auchan → $4.5 billion in revenue (2024 revenue, KSE report).

• L’Oréal → $42 million in corporate income tax in 2024 (KSE report).

In total, French companies paid $565 million in taxes to the Kremlin in 2024, on more than $12 billion in revenue generated in Russia.

 These payments are not neutral: every euro paid fuels the bombs that destroy homes, schools, and hospitals in Ukraine.
And they directly undermine the efforts of the G7 and the EU, which provide billions in aid to Ukraine.
If these companies stay, it’s because they choose money and profits over human values ​​and democracy.
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Broken PromisesMany had sworn to leave Russia as early as 2022.

Three years later, they’re still there:
• Leroy Merlin (Mulliez group)
• March 2022 → announces the “suspension of new investments” in Russia.
• ​​March 2023 → announces its intention to transfer its stores to local management.
• August 2025 → still present, with nearly $7 billion in revenue and $128 million in taxes paid in 2024.

• Result: no actual withdrawal, despite repeated promises.• Mondelez: promised to make its Russian operations “autonomous” by the end of 2023; the commitment has disappeared from its website, but the company remains active.
• PepsiCo: announced in 2022 that it would reduce its activities; in 2024, it opened a new plant in Russia.
• ​​Mars: promised to stop advertising and investments; in 2024, it signed a lease for a giant warehouse near Moscow.
• Coca-Cola HBC: promised a withdrawal; in reality, it continues to sell under the “Dobry Cola” brand, a carbon copy of Coca-Cola.
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Key Takeaways• Morally: remaining in Russia means financing a criminal state.
• Politically: these taxes directly contradict the efforts of the G7 and the EU to support Ukraine.
• Economically: remaining exposes one to major risks (increased control by the Russian state, expropriations, tax pressures).Full Report  https://b4ukraine.org/pdf/B4Ukraine_Report_2025.pdf