Company NameCountryTickerLocal CompanyCities & StatusActivitySectorNotesUltimate Company
Activision Blizzard Inc United StatesATVIBlizzard Entertainment IncClosed: YevpatoriyaToysPersonal & Household GoodsBlizzard Entertainment Inc operates as a subsidiary of Activision Blizzard Inc. Blizzard Entertainment Inc suspended all Crimean operations due to sanctions imposed by the United States against individuals and entities operating in the Crimea region. 
Adidas AG GermanyADSAdidasOpen: Sevastopol, Simferopol, YaltaApparel RetailersRetailThere are Adidas brand stores in Simferopol, Sevastopol and Yalta.  
Adidas AG GermanyADSReebokOpen: Sevastopol, SimferopolApparel RetailersRetailThere are Reebok brand stores in Simferopol and Sevastopol. 
Aeroflot PJSC Russian FederationAFLTAeroflot PJSCOpen: SimferopolAirlinesTravel & LeisureAeroflot has regularly scheduled flights to and from the Simferopol Airport in Crimea. Aeroflot subsumed Transaero's international flights after Transaero filed for bankruptcy in October 2015. Aeroflot is 51% owned by the Russian Federation. In April 2017, Rosaviatsia, Russia’s Federal Air Transport Agency, offered subsidies to seven Russian airlines including Aeroflot to fly government-approved routes which include Simferopol, Crimea. 
Aeroflot PJSC Russian FederationAFLTRossiya Airlines JSCOpen: SimferopolAirlinesTravel & LeisureA subsidiary of Aeroflot, Rossiya Airlines JSC has regularly scheduled flights to and from the Simferopol Airport. In March 2016, Aeroflot reincorporated its regional carriers, Donavia JSC and Orenair JSC, under Rossiya Airlines. Aeroflot is 51% owned by the Russian Federation. 
Aeroflot PJSC Russian FederationAFLTYakutia Airlines JSCOpen: SimferopolAirlinesTravel & LeisureA subsidiary of Aeroflot, Yakutia Airlines JSC has regularly scheduled flights to and from the Simferopol Airport. Aeroflot is owned by Federal Agency for State Property Management, Rosimushchestvo (Russian Federation). 
Ahlia Insurance Group PalestineAIGAhlia Insurance GroupNon-Settlement: Al-Eizariya, Beit Ummar, Bethlehem, Deir Dibwan, Dura, Gaza City, Hebron, Jericho, Nablus, Qalqilya, Ramallah, Sa'ir, Salfit, Tubas, Tulkarm, YattaProperty & Casualty InsuranceInsuranceAhlia Insurance Group (aka Ahleia Insurance Group) provides property and auto insurance through its offices in Palestine. 
Ahlia Insurance Group PalestineAIGARIC for Engineering and Consultancy Company (ARIC)Non-Settlement: Gaza City, RamallahHeavy ConstructionConstruction & MaterialsARIC for Engineering and Consultancy Company (ARIC) provides engineering design and management services for real estate development in Palestine. ARIC has offices in Gaza City and Ramallah. 
Ahlia Insurance Group PalestineAIGNational Company for Investment and Real EstateNon-Settlement: Gaza City, RamallahReal Estate Holding & DevelopmentReal EstateNational Company for Investment and Real Estate carries out construction works in Palestine. It has an office in Gaza and one in Ramallah to serve the West Bank. 
Ahlia Insurance Group PalestineAIGUnited Marketing and Services (UMS)Non-Settlement: Gaza City, RamallahBuilding Materials & FixturesConstruction & MaterialsUnited Marketing and Services Company (UMS) provides general distribution services. UMS is a dealer and representative for the Water Furnace Company of Indiana (USA) which specializes in geothermal heating and cooling. It also has a manufacturing plant to produce artificial stone and marble. UMS has offices in Gaza City and Ramallah. 
Airbnb Inc United States Airbnb IncSettlement: Almon (Anatot), Ariel, East Jerusalem, Efrat, Eli, Gilo, Giv'at Ze'ev, Gush Etzion Junction, Karmei Tzur, Kfar Adumim, Kfar Etzion, Ma'ale Adumim, Nokdim, Ofra, Ovnat, Pisgat Ze'ev, Rehelim, Rimonim, Shilo, TekoaTravel & TourismTravel & LeisureAirbnb Inc is an online marketplace for booking accommodations that operates in Israeli settlements and Palestinian communities in the West Bank, as well as Palestinian communities in Gaza. Airbnb charges a processing fee for each listing and booking. Airbnb is a private company with a variety of private equity firm investors.Altimeter Capital, Andreessen Horowitz, CapitalG, China Broadband Capital, CrunchFund, DST Global, FirstMark, Founders Fund, General Atlantic, General Catalyst, Geodesic Capital, GGV Capital, Glade Brook Capital Partners, Greylock Partners, Hillhouse Capital Group, Horizons Ventures, JP Morgan Chase & Co., Kleiner Perkins Caufield & Byers, Morgan Stanley, Sequoia Capital, Sherpa Capital, SV Angel, TCV, Temasek Holdings, Tiger Global Management, TPG Growth, T. Rowe Price, Wellington Management, Y Combinator
Airbnb Inc United States Airbnb IncNon-Settlement: Beit Jala, Beit Sahour, Beit Ummar, Bethlehem, Gaza City, Hebron, Jericho, Khan Yunis, Nablus, Ramallah, SebastiaTravel & TourismTravel & LeisureAirbnb Inc is an online marketplace for booking accommodations that operates in Israeli settlements and Palestinian communities in the West Bank, as well as Palestinian communities in Gaza. Airbnb charges a processing fee for each listing and booking. Airbnb is a private company with a variety of private equity firm investors.Altimeter Capital, Andreessen Horowitz, CapitalG, China Broadband Capital, CrunchFund, DST Global, FirstMark, Founders Fund, General Atlantic, General Catalyst, Geodesic Capital, GGV Capital, Glade Brook Capital Partners, Greylock Partners, Hillhouse Capital Group, Horizons Ventures, JP Morgan Chase & Co., Kleiner Perkins Caufield & Byers, Morgan Stanley, Sequoia Capital, Sherpa Capital, SV Angel, TCV, Temasek Holdings, Tiger Global Management, TPG Growth, T. Rowe Price, Wellington Management, Y Combinator
Al Mashreq Insurance Co PalestineMICAl Mashreq Insurance CoNon-Settlement: Bethlehem, Gaza City, Hebron, Jenin, Nablus, Qabatiya, Qalqilya, Ramallah, Salfit, Tubas, TulkarmProperty & Casualty InsuranceInsuranceAl Mashreq Insurance Co (aka Al Mashriq Insurance Co) provides insurance services through its offices in the West Bank and Gaza. 
Al Shark Electrode PalestineELECTRODEAl Shark ElectrodeNon-Settlement: HebronElectrical Components & EquipmentIndustrial Goods & ServicesAl Shark Electrode manufactures electrical components and equipment in Hebron. Additionally, the company owns various shops and offices. 
Al-Aqariya Trading Investment PalestineAQARIYAAl-Aqariya Trading InvestmentNon-Settlement: Al-Bireh, Gaza City, RamallahReal Estate Holding & DevelopmentReal EstateAl-Aqariya Trading Investment's (Al-Aqariya) commercial division secured the land and location and completed the plans for the Abraj House, located in Ramallah. Additionally, Al-Aqariya has developed the Omara Housing projects in Al-Bireh and Ramallah, the Zahrat Al Madaen Tower in Gaza City, and the Kobar and Kofur Ein projects in Ramallah. Al-Aqariya is owned by privately held Sinokrot Global Group. 
Albar Mimunit Services Ltd IsraelALBAR B13Albar Mimunit Services LtdSettlement: Beitar Illit, Modi'in IllitSpecialized Consumer ServicesRetailAlbar Mimunit Services Ltd provides car rental services through offices in Beitar Illit and Modi'in Illit. Albar Mimunit Services Ltd's corporate bonds are listed on the Tel Aviv Stock Exchange. 
Alphabet Inc United StatesGOOGLGoogleClosed: SimferopolInternetTechnologyAlphabet Inc (formerly Google Inc) suspended all operations in Crimea due to international sanctions imposed following the Russian occupation. In May 2015, the United States loosened some trade restrictions on free online services. Subsequently Google granted Crimean residents access to its free-of-charge services. 
Alrosa PJSC Russian FederationALRSAlrosa AirlinesOpen: SimferopolAirlinesTravel & LeisureOwned by Alrosa PJSC, Alrosa Airlines provides scheduled and charter flights to Simferopol. In April 2017, Rosaviatsia, Russia’s Federal Air Transport Agency, offered subsidies to seven Russian airlines including Alrosa to fly government-approved routes which include Simferopol, Crimea. 
Alstom S.A. FranceALOAlstom S.A.Settlement: French Hill (HaGiv'a HaTzarfatit - Giv'at Shapira), Pisgat Ze'evHeavy ConstructionConstruction & MaterialsAlstom S.A. is a contractor/supplier in the CityPass rail project, which connects different Israeli settlements and Palestinian neighborhoods in North-East Jerusalem to the western area of Jerusalem. Alstom S.A. has communicated that it is committed to honoring its contractual obligations and will maintain the Jerusalem tramway. Approved future plans will expand the light rail network to additional settlements: Neve Ya'akov, Ramot (East Jerusalem), and Gilo. The project is valued at EUR 350 million and is expected to be completed by 2025. Alstom S.A. is the primary works contractor. 
Al-Takaful Palestinian Insurance Co Plc PalestineTICAl-Takaful Palestinian Insurance Co PlcNon-Settlement: Al-Bireh, Al-Eizariya, Beit Sahour, Bethlehem, Biddya, Dura, East Jerusalem, Gaza City, Hebron, Jenin, Jericho, Nablus, Qalqilya, Ramallah, Sa'ir, Salfit, Tubas, Tulkarm, Ya'bad, YattaFull Line InsuranceInsuranceAl-Takaful Palestinian Insurance Co Plc (Al-Takaful) provides insurance services throughout Palestine. Al-Takaful's major shareholders include publicly traded Trust International Insurance Co (42%) and publicly traded Palestine Islamic Bank (26%). Trust International Insurance Co is ultimately owned by privately held Nest Investments Holdings Ltd.Palestine Islamic Bank, Trust International Insurance Co
Al-Wataniah Towers Company PalestineABRAJAl-Wataniah Towers CompanyNon-Settlement: Al-BirehReal Estate Holding & DevelopmentReal EstateAl-Wataniah Towers Company develops Palestinian real estate projects in the West Bank.National Insurance Company
Amazon.com Inc United StatesAMZNAmazon.com IncClosed: SimferopolBroadline RetailersRetailAmazon.com Inc suspended activity in Crimea due to sanctions imposed by the United States against individuals and entities operating in the Crimea region of Ukraine. 
American 500 Startups United States MashvisorNon-Settlement: RamallahBusiness Support ServicesIndustrial Goods & ServicesMashvisor provides real estate investment data analysis to real estate investors. The private company is based in Ramallah and is held by at least two private equity firms, Ibtikar Fund (Fund I) and American 500 Startups. 
Amir Marketing and Investment in Agriculture Ltd IsraelAMRKAmir Marketing and Investment in Agriculture Ltd Settlement: Naama, TomerFarming & FishingFood & BeverageAmir Marketing and Investment in Agriculture Ltd sells agricultural products through its branches in Tomer and Naama. Amir Hervra Lehaspaka Shel Hitachdut Haikarim Beisrael LTD (private) owns over 70% of the shares in the company. 
Apollo Global Management LLC United StatesAPOClaire's Closed: SimferopolAccessories and JewelryRetailThe Claire's brand store in Simferopol's Meganom Mall has been closed. Clothes were last shipped to the store on December 19, 2014, prior to the imposition of US sanctions. Apollo Global Management confirms that all Claire's brand stores have been closed in Crimea in compliance with the sanctions. In March 2018, Claire's filed for Chapter 11 bankruptcy protection in the US. Its international subsidiaries are not part of the Chapter 11 filing. 
Apple Inc United StatesAAPLApple IncClosed: SimferopolComputer HardwareTechnologyApple Inc suspended all sales and accounts of registered Apple developers in Crimea in January 2015 in compliance with sanctions imposed by the United States on the region following the Russian occupation. Apple confirms that the i-com store in Meganom Mall is not an authorized reseller of Apple products. However, news reports indicate that residents of Crimea can circumvent Apple's online store restrictions by registering devices in Krasnodar, Russia. 
Arab Bank JordanARBKArab BankNon-Settlement: Al-Bireh, Al-Eizariya, Al-Ram, Bethlehem, Birzeit, Dura, East Jerusalem, Gaza City, Hebron, Jenin, Jericho, Khan Yunis, Nablus, Qalqilya, Ramallah, Salfit, Tubas, Tulkarm, YattaBanksBanksArab Bank provides banking services through its branches in Palestine. 
Arab Bank JordanARBKPalestine Power Generation CompanyNon-Settlement: JeninConventional ElectricityUtilitiesThe Palestine Power Generation Company is developing an electric power generation plant in Jenin to be fueled by natural gas. A number of Palestine-based companies have committed to investing in Palestine Power Generation Company. 
Arab Company for Paint Products PalestineAPCArab Company for Paint ProductsNon-Settlement: NablusBuilding Materials & FixturesConstruction & MaterialsArab Company for Paint Products has a paint factory in the West Bank. 
Arab Hotels Company Plc PalestineAHCArab Hotels Company PlcNon-Settlement: RamallahHotelsTravel & LeisureArab Hotels Company Plc owns hotels in Ramallah that are managed by privately held Mövenpick Hotels and Resorts. 
Arab Investors Co PalestineARABArab Investors CoNon-Settlement: East Jerusalem, RamallahDiversified REITsReal EstateArab Investors Co is a Palestinian commercial real estate developer in East Jerusalem.Jerusalem Cigarette
Arab Islamic Bank PalestineAIBArab Islamic BankNon-Settlement: Al-Bireh, Bethlehem, Birzeit, Deir al-Balah, East Jerusalem, Gaza City, Hebron, Jenin, Khan Yunis, Nablus, Qalqilya, Ramallah, Tulkarm, YattaBanksBanksArab Islamic Bank services customers throughout Palestine. Arab Islamic Bank is owned by publicly traded Bank of Palestine (51.98%) and by ASWAQ Company for Investment Portfolios (25.51%), the privately held investment arm of Palestine Investment Fund (private).Bank of Palestine
Arab Palestinian Investment Company Ltd (APIC) PalestineAPICArab Palestinian Shopping Centers/TheNon-Settlement: Al-Bireh, Hebron, Nablus, RamallahBroadline RetailersRetailUnder the marketing brand BRAVO, the Arab Palestinian Shopping Centers owns and manages five Shopping Centers in four West Bank cities. The company is a subsidiary of APIC. 
Arab Palestinian Investment Company Ltd (APIC) PalestineAPICMedical Supplies and Services CompanyNon-Settlement: Gaza City, RamallahDrug RetailersHealth CareMedical Supplies and Services Company is a health care products distributor operating in Gaza City and Ramallah. It is a subsidiary of APIC. 
Arab Palestinian Investment Company Ltd (APIC) PalestineAPICPalestine Automobile Company LtdNon-Settlement: Gaza City, Hebron, RamallahSpecialty RetailRetailPalestine Automobile Company Ltd is a vehicle sales and maintenance company operating in Gaza City, Hebron and Ramallah. It is a subsidiary of APIC. 
Arab Palestinian Investment Company Ltd (APIC) PalestineAPICArab Palestinian Investment Company Ltd. (APIC)Non-Settlement: RamallahDiversified REITsReal EstateArab Palestinian Investment Company (APIC) is an investor in the Palestinian economy with interests in a variety of companies. APIC's registered offices are located in Ramallah. APIC is traded on the Palestinian Stock Exchange (PEX). 
Arab Palestinian Investment Company Ltd (APIC) PalestineAPICSky for Advertising, Event Management and Public RelationsNon-Settlement: RamallahBusiness Support ServicesIndustrial Goods & ServicesAPIC owns Sky for Advertising, Event Management and Public Relations in Ramallah which provides services such as artwork, print, social & digital media campaigns, public relations and events management. APIC also has controlling interests in other major Palestinian businesses such as PLAZA, Siniora Food Industries Company and NAPCO. 
Arab Palestinian Investment Company Ltd (APIC) PalestineAPICUnipal General Trading CompanyNon-Settlement: RamallahDelivery ServicesIndustrial Goods & ServicesUnipal General Trading Company is a distributor of consumer goods in Palestine. It is a subsidiary of APIC. 
Arab Real Estate Establishment Co/The PalestineAREArab Real Estate Establishment Co/TheNon-Settlement: Nablus, RamallahReal Estate Holding & DevelopmentReal EstateThe Arab Real Estate Establishment Co is developing and will manage the Rihan Commercial Center in Ramallah. The company is headquartered in Nablus. 
Aramex Pjsc United Arab EmiratesARMXAramex PjscNon-Settlement: Bethlehem, Gaza City, Hebron, Jenin, Nablus, RamallahDelivery ServicesIndustrial Goods & ServicesAramex Pjsc provides mail delivery services in Palestine, as well as in other countries in the Middle East and Africa. 
Arricano Real Estate CyprusAROSEC South GalleryOpen: SimferopolReal Estate Holding & DevelopmentReal EstateArricano Real Estate developed and manages the SEC South Gallery shopping and entertainment mall in Simferopol. 
Ashtrom Group Ltd IsraelASHGAshdarSettlement: Alfei Menashe, GiloBuilding Materials & FixturesConstruction & MaterialsAshdar holds land reserves in Alfei Menashe and a retrofitting project in Gilo. 
Ashtrom Group Ltd IsraelASHGIsraBetonSettlement: Atarot, Ma'ale AdumimBuilding Materials & FixturesConstruction & MaterialsIsraBeton has a concrete plant in the Atarot industrial zone. The company also jointly owns Edumit Quarry, a quarry located in Ma'ale Edumim, with Barazani Group. 
Ashtrom Group Ltd IsraelASHGAshtrom Group LtdSettlement: East JerusalemHeavy Construction Construction & MaterialsAshtrom Group Ltd is both a financial investor through the CityPass Group and a contractor on the Jerusalem Light Rail Project. The Light Rail Project crosses the West Bank connecting different settlements in East Jerusalem. Ashtrom Group Ltd owns 21% of CityPass and 21% of CityPass's management company, Connect. It is also tendering for the next phase of the Jerusalem light rail, which is planned to run through East Jerusalem. 
Auchan Holding SA France FurshetOpen: Alushta, Gaspra, Kerch, Sevastopol, Simferopol, Yalta, YevpatoriyaFood Retailers & WholesalersRetailFurshet is owned by the private British company Anthousa Ltd which is in turn owned by Igor Balenko and Auchan Holding SA (formerly Groupe Auchan SA). Furshet owns and operates supermarkets in a number of cities in Crimea. 
Auchan Holding SA France Auchan HypermarketOpen: SimferopolBroadline RetailersRetailThe Auchan Hypermarket in Simferopol previously operated under the Hypermarket Ukraine LLC (Kiev). Following Russia's occupation of Crimea, Auchan Holding SA (formerly Groupe Auchan SA) transferred the Simferopol hypermarket to management by Auchan LLC (Moscow, Russia), thereby ensuring its future operations. Auchan Holding SA has outstanding corporate bonds. 
Avangardco Investments Public Ltd CyprusAVGRPtytsecomplexAnnexed: SimferopolFarming & FishingFood & BeveragePrior to the occupation of Crimea, Avangardco Investments Public Ltd operated Ptytsecomplex, which consists of a shell egg production farm and a breeder farm. Following Russia's occupation of Crimea, Avangardco suspended activities at Ptytsecomplex which was seized by Crimean authorities reportedly through a forced buyout. 
Avangardco Investments Public Ltd CyprusAVGRYuzhnaya HoldingAnnexed: SimferopolFarming & FishingFood & BeveragePrior to the occupation of Crimea, Avangardco Investments Public Ltd operated Yuzhnaya Holding, which consists of a shell egg production farm and a farm for raising young laying hens. Following Russia's occupation of Crimea, Avangardco suspended activities at Yuzhnaya Holding which was seized by Crimean authorities reportedly through a forced buyout. 
Avery Dennison United StatesAVYSpiral GlassSettlement: BarkanBuilding Materials & FixturesConstruction & MaterialsGauzy is a private liquid crystal glass technology company. Gauzy uses certified partner companies to manufacture and distribute its products. One of these partners, Spiral Glass, is located in the Barkan industrial zone. Ibex Investors (formerly Lazarus Israel Opportunities Fund), Waarde Capital and Olive Tree Ventures are private equity firms with a stake in Gauzy. In October 2017, Avery Dennison (NYSE: AVY) made an investment of an undisclosed amount in Gauzy. Additionally, Avery Dennison's Hanita business division began collaborating with Gauzy on a window film product. 
Avgol Industries 1953 Ltd IsraelAVGLAvgol Industries 1953 LtdSettlement: BarkanSpecialty ChemicalsChemicalsAvgol Industries 1953 Ltd manufactures non-woven fabrics in the Barkan Industrial Zone. In July 2017, the company reported that it was selling its assets in Barkan and will move its operation into Israel (Dimona) but will continue to rent the property for 2 more years. HFH International B.V (private) which is held by private equity firm Ethemba Capital LLP, holds over 50% in Avgol Industries 1953 Ltd and publicly traded Bank Leumi Le-Israel holds a 14.95% stake in Avgol Industries 1953 Ltd. Additionally, Mustang Mezzanine Fund, a private equity firm, invests in Avgol Industries 1953 Ltd.Bank Leumi Le-Israel
AvtoVAZ PAO Russian FederationAVAZTekhno-Servis KOpen: SimferopolSpecialty RetailersRetailIn October 2014, AvtoVAZ PAO opened its first dealership in Crimea. The Renault-Nissan Alliance has a 61.1% stake in the holding company (Alliance Rostec Auto BV) that owns 83.5% of AvtoVAZ shares. Rostec, the other partner in the AvtoVAZ joint venture, has a 38.9% stake. Renault SA owns over 40% of the Renault-Nissan Alliance.Renault SA
B. Yair Building Corporation 1988 Ltd IsraelBYARB. Yair Building Corporation 1988 LtdSettlement: Giv'at Ze'ev, Har Homa (Givat Hamatos), Ma'ale Adumim, Pisgat Ze'evReal Estate Holding & DevelopmentReal EstateB. Yair Building Corporation 1988 Ltd built and continues to market apartments in Ma'ale Adumim, Har Homa and Giv'at Ze'ev. The company has real estate projects in Har Homa. Additionally, B. Yair Building Corporation 1988 Ltd built and markets space in the Pisgah Shopping Mall. The mall was inaugurated in 2004 and is located in Pisgat Ze'ev and serves, among others, the Geva & Binyamin settlement residents. 
Bank Hapoalim B.M. IsraelPOLIBank Hapoalim B.M.Settlement: Ariel, Beitar Illit, Efrat, French Hill (HaGiv'a HaTzarfatit - Giv'at Shapira), Gilo, Ma'ale Adumim, Pisgat Ze'ev, Ramat Eshkol, Ramot (East Jerusalem)BanksBanksBank Hapoalim B.M., controlled by privately held Arison Holdings, is the largest Israeli bank. It has branches with ATMs in 9 Israeli settlements and two ATMs in the non-settlement area of East Jerusalem. In a number of branches, the bank employs business advisors, which may indicate that the bank provides loans to local businesses. Additionally, according to Human Rights Watch, Bank Hapoalim is a partner in three housing projects totaling over 100 units, two projects in the Israeli settlement Efrat and one in Beitar Illit. 
Bank Hapoalim B.M. IsraelPOLIBank Hapoalim B.M.Non-Settlement: East JerusalemBanksBanksBank Hapoalim B.M., controlled by privately held Arison Holdings, is the largest Israeli bank. It has branches with ATMs in 9 Israeli settlements and two ATMs in the non-settlement area of East Jerusalem. In a number of branches, the bank employs business advisors, which may indicate that the bank provides loans to local businesses. Additionally, according to Human Rights Watch, Bank Hapoalim is a partner in three housing projects totaling over 100 units, two projects in the Israeli settlement Efrat and one in Beitar Illit. 
Bank Leumi IsraelLUMIBank LeumiSettlement: Alfei Menashe, French Hill (HaGiv'a HaTzarfatit - Giv'at Shapira), Kiryat Arba, Ma'ale Adumim, Modi'in Illit, Ramat EshkolBanks BanksBank Leumi has branches in various Israeli settlements in the West Bank. Additionally, according to Human Rights Watch, Bank Leumi is a partner in a housing project of 130 units in the Israeli settlement Alfei Menashe. 
Bank of Jerusalem Ltd IsraelJBNKBank of Jerusalem LtdSettlement: Beitar Illit, Efrat, Modi'in Illit, Pisgat Ze'evBanksBanksBank of Jerusalem Ltd has branches in various Israeli settlements in the West Bank. Additionally, according to Human Rights Watch, Bank of Jerusalem is a partner in a housing project of 28 units in the Israeli settlement Efrat.Export Investment Co Ltd
Bank of Palestine PalestineBOPBank of PalestineNon-Settlement: Al-Ram, Bethlehem, Deir al-Balah, East Jerusalem, Gaza City, Hebron, Jenin, Jericho, Khan Yunis, Nablus, Qalqilya, Rafah, Ramallah, Salfit, Tubas, TulkarmBanksBanksBank of Palestine has branches in both Gaza and the West Bank. In March 2016, Bank of Palestine acquired and subsequently dissolved Palestine Commercial Bank (PCB). PCB's former customers were transferred to Bank of Palestine. Bank of Palestine is the largest bank in the Palestinian Territories, serving over 750,000 clients. 
Bank of Palestine PalestineBOPAl Wasata Securities CoNon-Settlement: Gaza City, Khan Yunis, RamallahInvestment ServicesFinancial ServicesAl Wasata Securities Co is a financial brokerage company providing investment and financial services to customers from three offices in Palestine. Al Wasata Securities Co is a subsidiary of Bank of Palestine. 
Bank of Palestine PalestineBOPPalPayNon-Settlement: Gaza City, RamallahConsumer FinanceFinancial ServicesIn 2010, the Bank of Palestine and PCNC Solutions established PalPay, an electronic payment service for its customers. PCNC Solutions retains a 15% stake in PalPay. 
Bank VVB Russian FederationYSRLBank VVBOpen: Alushta, Bahchisaray, Dzhankoy, Feodosia, Kerch, Saki, Sevastopol, Simferopol, Sudak, Yalta, YevpatoriyaBanksBanksBank VVB, formerly Bank Yaroslavich, reincorporated as a Russian Federation entity following the occupation. Bank VVB has offices throughout Crimea and Russia. In April 2018, the Bank of Russia revoked Bank VVB's banking license following a period of investigation due to a failure to comply with Russian banking regulations and alleged money laundering activities. The Bank of Russia appointed a provisional administration for Bank VVB until bankruptcy proceedings take place. 
Baring Vostok Capital Partners Russian Federation EnfortaOpen: Dzhankoy, Feodosia, Kerch, Sevastopol, Simferopol, YevpatoriyaFixed Line TelecomsTelecomsEnforta is the brand name of broadband service provider Prestige Internet which began operating throughout Crimea following the occupation. In June 2016, ER-Telecom, one of the largest broadband providers in Russia, acquired 100% of Enforta through an equity swap. Following the equity swap, publicly traded Sumitomo Corporation and private equity firms Baring Vostok Capital Partners (via Baring Vostok Private Equity Fund III), Bessemer Venture Partners and the private equity arm of UFG Asset Management retain a stake in Enforta through their stake in ER-Telecom. Additionally, ER-Telecom has outstanding corporate bonds on the Moscow Stock Exchange. 
Baring Vostok Capital Partners Russian Federation Accounting and Business CenterOpen: SevastopolComputer ServicesTechnologyAccounting and Business Center, located in Sevastopol, is a franchisee of 1C. 1C is a software development, publishing and distribution company. It has multiple franchise locations which offer 1C products as well as services and training for 1C products in Sevastopol and Simferopol. Baring Vostok Capital Partners, a private equity firm, invests in 1C. 
Baring Vostok Capital Partners Russian Federation Center of Automation KutuzovOpen: SevastopolComputer ServicesTechnologyCenter of Automation Kutuzov, located in Sevastopol, is a franchisee of 1C. 1C is a software development, publishing and distribution company. It has multiple franchise locations which offer 1C products as well as services and training for 1C products in Sevastopol and Simferopol. Baring Vostok Capital Partners, a private equity firm, invests in 1C. 
Baring Vostok Capital Partners Russian Federation Rarus CrimeaOpen: SevastopolComputer ServicesTechnologyRarus Crimea, located in Sevastopol, is a franchisee of 1C. 1C is a software development, publishing and distribution company. It has multiple franchise locations which offer 1C products as well as services and training for 1C products in Sevastopol and Simferopol. Baring Vostok Capital Partners, a private equity firm, invests in 1C. 
Baring Vostok Capital Partners Russian Federation Fort Laboratory CrimeaOpen: SimferopolComputer ServicesTechnologyFort Laboratory Crimea, located in Simferopol, is a franchisee of 1C. 1C is a software development, publishing and distribution company. It has multiple franchise locations which offer 1C products as well as services and training for 1C products in Sevastopol and Simferopol. Baring Vostok Capital Partners, a private equity firm, invests in 1C. 
Baring Vostok Capital Partners Russian Federation Gallery Media GroupOpen: SimferopolMedia AgenciesMediaGallery Media Group is an outdoor advertising agency with an office in Simferopol. Baring Vostok Capital Partners, a private equity firm, invests in Gallery Media Group. 
Bessemer Venture Partners United States EnfortaOpen: Dzhankoy, Feodosia, Kerch, Sevastopol, Simferopol, YevpatoriyaFixed Line TelecomsTelecomsEnforta is the brand name of broadband service provider Prestige Internet which began operating throughout Crimea following the occupation. In June 2016, ER-Telecom, one of the largest broadband providers in Russia, acquired 100% of Enforta through an equity swap. Following the equity swap, publicly traded Sumitomo Corporation and private equity firms Baring Vostok Capital Partners, Bessemer Venture Partners and the private equity arm of UFG Asset Management retain a stake in Enforta through their stake in ER-Telecom. Additionally, ER-Telecom has outstanding corporate bonds on the Moscow Stock Exchange. 
Bezeq - The Israeli Telecommunications Corp Ltd IsraelBEZQBezeq - The Israeli Telecommunications Corp Ltd (Bezeq)Settlement: East Jerusalem, Kfar Adumim, Ma'ale Efraim, Ramat EshkolFixed Line TelecomsTelecomsBezeq provides and maintains the telecommunications infrastructure in most settlements inside the West Bank. The publicly-traded B. Communications Ltd, a subsidiary of the publicly-traded Internet Gold-Golden Lines, owns shares in Bezeq. Internet Gold-Golden Lines is a subsidiary of privately held Eurocom Group.B. Communications Ltd, Internet Gold-Golden Lines
Birzeit Pharmaceutical Co PalestineBPCBirzeit Pharmaceutical CoNon-Settlement: RamallahPharmaceuticalsHealth CareBirzeit Pharmaceutical Co manufactures pharmaceutical medications in Ramallah. The company's main market is in Palestine, with exports to Algeria and Eastern Europe. 
Black Sea Bank for Development and Reconstruction aka CHBRR Russian Federation Black Sea Bank for Development and Reconstruction aka CHBRRAnnexed: Alushta, Armyansk, Bahchisaray, Bilohirsk, Chernomorskoye, Dzhankoy, Feodosia, Kerch, Krasnogvardiyskyi, Krasnoperekopsk, Nizhnegorskiy, Razdolne, Saki, Sevastopol, Simferopol, Sudak, Yalta, YevpatoriyaBanksBanksBlack Sea Bank for Development and Reconstruction aka CHBRR has provided banking services on the Crimean peninsula since 1992. It has 38 offices in Crimea, including seven in Sevastopol, and its headquarters is located in Simferopol. Following the Russian occupation, CHBRR was annexed and is 98% owned by the Crimean authorities. 
Booking Holdings Inc United StatesBKNGBooking.comOpen: Alupka, Alushta, Feodosia, Kerch, Koktebel, Malorechenskoe, Morskoe, Novyi Svet, Saki, Sevastopol, Simferopol, Sudak, Vilino, Yalta, YevpatoriyaTravel & TourismTravel & LeisureBooking.com allows its clients to book Crimean hotels and other travel services online. It continues to manage its Crimean business through its Ukrainian representative office, which reportedly causes some problems with payments and reservations. According to the company, the services are available only for those who do not travel for leisure purposes. 
Booking Holdings Inc United StatesBKNGAgoda.comNon-Settlement: Bethlehem, East Jerusalem, Gaza City, Nablus, RamallahTravel & TourismTravel & LeisureAgoda.com allows clients to book hotels and other travel services in the West Bank and Gaza. 
Bright Capital Russian Federation OneTwo DealOpen: SimferopolTravel & TourismTravel & LeisureOneTwo Deal (aka DealAngel) allows its clients to book flights to Simferopol. Bright Capital, a private equity firm, invests in OneTwo Deal. 
Bright Dairy & Food Co Ltd China600597TnuvaNon-Settlement: Beit JalaFood ProductsFood & BeverageTnuva, a subsidiary of Chinese company Bright Dairy & Food Co Ltd, produces milk and other dairy products and distributes to Palestinian territories, both in Palestinian localities and Israeli settlements. Tnuva has a distribution facility in the West Bank Palestinian town Beit Jala. 
Bright Dairy & Food Co Ltd China600597Field ProduceSettlement: Naama, YafitFood ProductsFood & BeverageField Produce Ltd processes dates, fruits, nuts and other vegetables at its facilities in Israeli settlements Yafit and Na'ama. Field Produce Ltd is 84% owned by Groundnuts & Cotton Marketing, which is 50% owned by Tnuva and 50% owned by Hamashbir Holdings. Tnuva is a subsidiary of Bright Dairy & Food Co Ltd. In addition, Israeli private equity firm Tene Investment Funds owns a stake in Field Produce Ltd. 
Brill Shoe Industries Ltd IsraelBRILGali StoreSettlement: Ma'ale Adumim, Pisgat Ze'evApparel RetailersRetailGali, a Brill Shoe Industries brand, has a store in the settlements of Pisgat Ze'ev and Ma'ale Adumim. 
Brill Shoe Industries Ltd IsraelBRILSolog StoreSettlement: Pisgat Ze'evApparel RetailersRetailSolog, a Brill Shoe Industries brand, has a store in the settlement of Pisgat Ze'ev. 
Cairo Amman Bank JordanCABKCairo Amman BankNon-Settlement: Al-Bireh, Bethlehem, Deir al-Balah, Gaza City, Hebron, Jenin, Jericho, Khan Yunis, Nablus, Qalqilya, Rafah, Ramallah, Tubas, TulkarmBanksBanksCairo Amman Bank services customers at branch offices throughout Palestine. 
Careem Inc United Arab Emirates Careem IncNon-Settlement: Gaza City, Nablus, RamallahSoftwareTechnologyCareem Inc is a ride-hailing application which allows users to hire a car via smartphone. Careem is based in Dubai and has operations throughout the Middle East, including in Ramallah, Palestine. In October 2017, the Palestinian Authority banned Careem in Ramallah, alleging that it operates illegally by failing to secure a public transportation license for carrying passengers. In March 2018, Careem resumed operations in Ramallah. Careem Inc is a private company with a variety of private equity firm investors.Abraaj Group, Al Tayyar, Coatue Management, DCM Ventures, Endure Capital, Lumia Capital, STC Ventures, SQM Frontier Management, Wamda Capital
Carnival Corporation & PLC PanamaCCLSeabourn Cruise Line LimitedClosed: Sevastopol, YaltaRecreational ServicesTravel & LeisureSeabourn's Seabourn Odyssey cancelled scheduled calls at the ports Sevastopol and Yalta in its Black Sea Cruise for the 2015 season. US-headquartered, Panama-incorporated Carnival Corporation PLC owns Seabourn. 
Casio Computer Co Ltd Japan6952Casio StoreClosed: SimferopolSpecialty RetailersRetailThe Casio store in Simferopol's Meganom mall has closed. 
Castro Model Ltd IsraelCASTCastro Model LtdSettlement: Ma'ale Adumim, Ramot (East Jerusalem)Apparel RetailersRetailCastro Model Ltd has clothing stores in malls in Ma'ale Adumim and Ramot (East Jerusalem). 
Caterpillar Inc United StatesCATPalestinian Tractor and Equipment Co LtdNon-Settlement: Gaza City, RamallahAuto PartsAutomobiles & PartsPalestinian Tractor and Equipment Co Ltd is an authorized Caterpillar dealership and service center. 
Cellcom Israel Ltd IsraelCELCellcom Israel LtdSettlement: Ma'ale Adumim, Pisgat Ze'evMobile TelecomsTelecomsCellcom Israel Ltd (Cellcom) has various antennas and cell phone coverage across the West Bank, including in settlements. Discount Investment Corporation Ltd (DIC) holds over 20% in Cellcom. DIC is a publicly traded subsidiary of IDB Development Corporation Ltd aka IDB Group. IDB Development Corporation Ltd's corporate bonds are listed on the Tel Aviv Stock Exchange.Discount Investment Corporation Ltd, IDB Development Corporation Ltd
CEMEX S.A.B. de C.V. (CEMEX) MexicoCX-CEMEXReadymix Industries (Israel) Ltd. (Readymix)Settlement: Atarot, Ma'ale Adumim, Mevo HoronBuilding Materials & FixturesConstruction & MaterialsThrough its purchase of RMC Group Plc, CEMEX became the owner of Readymix. Readymix has concrete plants in industrial zones near Atarot and Mevo Horon and the Mishor Adumim industrial zone near Ma'ale Adumim. 
Chernomorneftegaz SUE Russian Federation Chernomorneftegaz SUEAnnexed: SimferopolExploration & ProductionOil & GasPrior to the occupation, Chernomorneftegaz CJSC was part of the Ukrainian National Joint Stock Company Naftogaz. In March 2014, Chernomorneftegaz was annexed by the Russian Government and reincorporated as Chernomorneftegaz SUE. As of October 2015, Chernomorneftegaz was developing nine fields in the Black and Azov seas and near the Crimean peninsula, including: two gas condensate (Golitsyn and Storm); six gas (Arkhangelsk, Dzhankoysky, Tadorninae, Eastern-Kazantipskoye, Severo-Bulganakskoie and Odessa); and one oil (Semenovskoe). Gazprom PJSC has reportedly been involved in the operation of Chernomorneftegaz SUE, but these reports have not been confirmed. 
Children's Place Inc United StatesPLCEChildren's Place Settlement: Ramot (East Jerusalem)Apparel RetailersRetailChildren's Place has a store in Ramot Mall in Ramot. The Israeli franchise of Children's Place is owned by Fox-Wizel Ltd. 
Coca-Cola Company/The United StatesKO Central Bottling Company Ltd (CBC)Settlement: AtarotSoft DrinksFood & BeverageCBC is the Israeli franchise of Coca-Cola. CBC has a distribution center in the Atarot industrial area. 
Coca-Cola Company/The United StatesKO National Beverage Company Coca-Cola\Cappy (NBC)Non-Settlement: Gaza City, Jericho, Ramallah, TulkarmSoft DrinksFood & BeverageNBC is a licensed Coca-Cola bottling company. It produces Coca-Cola, Fanta, and Sprite brands as well as juices and water at bottling plants in Ramallah, Gaza City, Jericho and Tulkarm. 
Coca-Cola Company/The United StatesKO Meshek ZurielSettlement: Shadmot MeholaFood ProductsFood & BeverageMeshek Zuriel is a dairy business which has a location in the Israeli settlement Shadmot Mehola. Meshek Zuriel is owned by Tara, a dairy cooperative in Israel. Tara is owned by the Central Bottling Company Ltd, the Israeli franchise of Coca-Cola. 
Columbia Sportswear Co United StatesCOLMColumbia Sportswear StoreOpen: Sevastopol, SimferopolApparel RetailersRetailThere are three Columbia Sportswear Co stores in Sevastopol and three brand stores in Simferopol. 
Crimean Macaroni Factory LLC Russian Federation Crimean Macaroni Factory LLCAnnexed: SimferopolFood ProductsFood & BeverageThe Crimean Macaroni Factory LLC (formerly Simferopol Macaroni Factory) was annexed in the fall of 2014. At the time of annexation, the company was owned by Ukrainian company Selkhozprodukt Group. 
Crimean Railways FSUE Russian Federation Crimean Railways FSUEAnnexed: Alushta, Dzhankoy, Feodosia, Kerch, Sevastopol, Simferopol, Sudak, Yalta, YevpatoriyaTravel & TourismTravel & LeisureCrimean Railways FSUE was created following the occupation of Crimea. It is responsible for the operation of railroads in Crimea. Crimean Railways FSUE is managed by the Russian Federal Agency for Railway Transport (Roszheldor). The railroads were formerly operated by Cisdnieper Railways, the regional operator of Ukraine’s national rail company, Ukrainian Railways (Ukrzaliznytsia). In December 2016, Crimean Railways FSUE became subject to US sanctions. 
Crimean Sea Ports SUE Russian Federation Feodosia Commercial PortAnnexed: FeodosiaTransportation ServicesIndustrial Goods & ServicesFollowing the occupation of Crimea, ports in the Crimean Autonomous Republic were annexed and united under one company. The new state enterprise is called Crimean Sea Ports SUE and registered as republican property. 
Crimean Sea Ports SUE Russian Federation GosgidrografiyaAnnexed: KerchTransportation ServicesIndustrial Goods & ServicesFollowing the occupation of Crimea, ports in the Crimean Autonomous Republic were annexed and united under one company. The new state enterprise is called Crimean Sea Ports SUE and registered as republican property. 
Crimean Sea Ports SUE Russian Federation Kerch Commercial PortAnnexed: KerchTransportation ServicesIndustrial Goods & ServicesFollowing the occupation of Crimea, ports in the Crimean Autonomous Republic were annexed and united under one company. The new state enterprise is called Crimean Sea Ports SUE and registered as republican property. 
Crimean Sea Ports SUE Russian Federation Kerch Ferry LandingAnnexed: KerchTransportation ServicesIndustrial Goods & ServicesFollowing the occupation of Crimea, ports in the Crimean Autonomous Republic were annexed and united under one company. The new state enterprise is called Crimean Sea Ports SUE and registered as republican property. 
Crimean Sea Ports SUE Russian Federation Kerch Fishing PortAnnexed: KerchTransportation ServicesIndustrial Goods & ServicesFollowing the occupation of Crimea, ports in the Crimean Autonomous Republic were annexed and united under one company. The new state enterprise is called Crimean Sea Ports SUE and registered as republican property. 
Crimean Sea Ports SUE Russian Federation Kerch Port TerminalAnnexed: KerchTransportation ServicesIndustrial Goods & ServicesFollowing the occupation of Crimea, ports in the Crimean Autonomous Republic were annexed and united under one company. The new state enterprise is called Crimean Sea Ports SUE and registered as republican property. 
Crimean Sea Ports SUE Russian Federation Sevastopol Commercial SeaportAnnexed: SevastopolTransportation ServicesIndustrial Goods & ServicesFollowing the occupation of Crimea, ports in the Crimean Autonomous Republic were annexed and united under one company. The new state enterprise is called Crimean Sea Ports SUE and registered as republican property. 
Crimean Sea Ports SUE Russian Federation Sevastopol Fishery SeaportAnnexed: SevastopolTransportation ServicesIndustrial Goods & ServicesFollowing the occupation of Crimea, ports in the Crimean Autonomous Republic were annexed and united under one company. The new state enterprise is called Crimean Sea Ports SUE and registered as republican property. 
Crimean Sea Ports SUE Russian Federation Yalta Commercial PortAnnexed: YaltaTransportation ServicesIndustrial Goods & ServicesFollowing the occupation of Crimea, ports in the Crimean Autonomous Republic were annexed and united under one company. The new state enterprise is called Crimean Sea Ports SUE and registered as republican property. 
Crimean Sea Ports SUE Russian Federation Yevpatoriya Commercial PortAnnexed: YevpatoriyaTransportation ServicesIndustrial Goods & ServicesFollowing the occupation of Crimea, ports in the Crimean Autonomous Republic were annexed and united under one company. The new state enterprise is called Crimean Sea Ports SUE and registered as republican property. 
Crimean Sea Ports SUE Russian Federation Yevpatoriya Fishery PortAnnexed: YevpatoriyaTransportation ServicesIndustrial Goods & ServicesFollowing the occupation of Crimea, ports in the Crimean Autonomous Republic were annexed and united under one company. The new state enterprise is called Crimean Sea Ports SUE and registered as republican property. 
Crocs Inc United StatesCROXCrocs PalestineNon-Settlement: RamallahApparel RetailersRetailCrocs Palestine sells Crocs brand shoes at a store in Ramallah. 
Daimler AG GermanyDAISharikat Gargour Al-TijariyyahNon-Settlement: Beit Sahour, RamallahSpecialty RetailersRetailMercedes-Benz Cars, a division of Daimler AG, has dealerships in Palestine. 
Daimler AG GermanyDAITavria Avto OJSCClosed: Kerch, Sevastopol, Simferopol, Yalta, YevpatoriyaSpecialty RetailersRetailDaimler AG is an automotive engineering company that manufactures Mercedes-Benz. Tavria Avto OJSC was previously the Mercedes-Benz dealer in Crimea and sold cars in several Crimean cities. Tavria Avto OJSC is no longer an authorized dealership of Mercedes-Benz. 
Daimler AG GermanyDAIColmobilSettlement: Ma'ale AdumimSpecialty RetailersRetailColmobil’s Jerusalem Service Center is an authorized Mercedes-Benz service center in the Mishor Adumim industrial zone near Ma'ale Adumim. The service center specializes in Mercedes-Benz cars and buses. 
Daimler AG GermanyDAIY. Zarfati Service CenterSettlement: Ma'ale AdumimSpecialty RetailersRetailY. Zarfati Service Center is an authorized Mercedes-Benz service center in the industrial zone near Mishor Adumim. 
Dar Al-Shifa Pharmaceuticals PalestinePHARMACAREDar Al-Shifa PharmaceuticalsNon-Settlement: Gaza City, RamallahPharmaceuticalsHealth CareDar Al-Shifa Pharmaceuticals manufactures and distributes pharmaceuticals in Gaza City and Ramallah. 
Darban Hashkaot Ltd IsraelDRBNDarban Hashkaot LtdSettlement: Atarot, Ma'ale AdumimReal Estate Holding & DevelopmentReal EstateThe real estate development firm Darban Hashkaot Ltd, also known as Darban Investments Ltd, owns logistical centers in Atarot and in the Mishor Adumim industrial zone near Ma’ale Adumin. Its corporate bonds are listed on the Tel Aviv Stock Exchange. Jerusalem Economy Ltd wholly owns Darban Hashkaot Ltd. Privately held MIVNE Group is the majority shareholder of Jerusalem Economy Ltd.Jerusalem Economy Ltd
Delek Group Ltd Israel DLEKGJoe Gourmet CoffeeSettlement: Ariel, Giv'at Ze'ev, Gush Etzion Junction, Koshav Ya'akov, Ma'ale Adumim, YafitFood Retailers & WholesalersRetailDelek Group Ltd owns a controlling share in Joe Gourmet Coffee, which has branches in several Israeli settlements in the West Bank. 
Delek Group Ltd Israel DLEKGDelek Group LtdSettlement: Armon Hantziv (East Talpiot), Beit HaArava, French Hill (HaGiv'a HaTzarfatit - Giv'at Shapira), Giv'at Ze'ev, Gush Etzion Junction, Koshav Ya'akov, Ma'ale Adumim, Neve Ya'akov, YafitIntegrated Oil & GasOil & GasDelek Group Ltd has a number of gas service stations in Israeli settlements in the West Bank. 
Delta Air Lines Inc United StatesDALPalaviation Co LtdNon-Settlement: RamallahAirlinesTravel & LeisurePalaviation Co Ltd is listed as the General Service Agent of Delta Air Lines Inc in Ramallah, Palestine. 
Delta-Galil Industries Ltd IsraelDELTDelta-IsraelSettlement: Ma'ale Adumim, Pisgat Ze'ev, Ramot (East Jerusalem)Apparel RetailersRetailDelta-Israel, a subsidiary of Delta-Galil Industries Ltd, has retail stores in Ma'ale Adumim, Pisgat Ze'ev and Ramot. 
Deutsche Post AG GermanyDPWDHL ExpressOpen: Kerch, Sevastopol, SimferopolDelivery ServicesIndustrial Goods & ServicesDHL is a parcel delivery service which operates through “partner service points” in Kerch, Sevastopol and Simferopol. During engagement with the company, representatives stated the following: "Due to the complex political and legal situation related to Crimea, DPDHL’s policies and procedures are specific to the type of service and entities involved. Despite the EU, US and other sanctions, certain transactions are still permitted under those sanctions laws and regulations. DPDHL and its business units have compliance policies and procedures in place to meet specific legal requirements but DPDHL continues to review and where ever necessary to further enhance our policies and procedures to fully abide by applicable laws and regulations in challenging environments." 
Dexia Israel Bank Ltd Israel DXILDexia Israel Bank LtdSettlement: Ariel, Elkana, Karnei ShomronBanksBanksDexia Israel Bank Ltd provides banking services, including loans, to residents and municipal institutions in Ariel, Karnei Shomron and Elkana.Dexia SA
Dor Alon Energy in Israel (1988) Ltd IsraelDRALDor Alon Energy in Israel (1988) LtdSettlement: Alfei Menashe, Atarot, Beit Horon, East Jerusalem, Elkana, Ma'ale AdumimIntegrated Oil & Gas Oil & GasDor Alon Energy in Israel (1988) Ltd has gas service stations in several settlements in the West Bank. Dor Alon Energy in Israel (1988) is majority owned by privately held Alon Israel Oil Co Ltd, whose shareholders include Africa-Israel Investments Ltd. 
DTEK Krymenergo PAO Russian Federation DTEK Krymenergo PAOAnnexed: SimferopolConventional ElectricityUtilitiesPreviously owned by Rinat Ahmetov, DTEK Krymenergo was annexed in January 2015 and is now a state-run enterprise. DTEK Krymenergo generates and distributes electricity used throughout the peninsula. 
Dunkin' Brands Group Inc United StatesDNKNBaskin-RobbinsOpen: Simferopol, YaltaRestaurants & BarsTravel & LeisureBaskin-Robbins, a brand under the Dunkin' Brands Group, Inc., is quick service restaurant chain focused on ice cream that operates as a franchise model. Baskin-Robbins has a branded franchisee located in the Meganom Mall complex in Simferopol and a franchise in Yalta. Dunkin' Brands Group, Inc. derives revenue from royalty income and fees associated with franchised restaurants. 
eBay Inc United StatesEBAYeBayClosed: SimferopolBroadline RetailersRetaileBay, an American publicly-traded company, suspended operations to residents of Crimea due to US sanctions imposed in response to the Russian occupation of the region. 
Elbrus Capital Russian Federation BusforClosed: Alushta, Feodosia, Kerch, Sevastopol, Simferopol, YaltaTravel & TourismTravel & LeisureBusfor is an online bus ticket broker through which customers may purchase bus tickets. Busfor has confirmed that it no longer offers bus tickets to, from or within Crimea. Busfor is a privately held company. Elbrus Capital, a private equity firm, invests in Busfor. 
Elbrus Capital Russian Federation PickPointClosed: Feodosia, Kerch, Sevastopol, Simferopol, Yalta, YevpatoriyaDelivery ServicesIndustrial Goods & ServicesPickPoint is a private company which operated parcel pickup locations throughout Crimea. PickPoint has confirmed that its Crimea operations have ceased. Elbrus Capital, a private equity firm, invests in PickPoint. 
Elbrus Capital Russian Federation SPSR-ExpressClosed: SimferopolDelivery ServicesIndustrial Goods & ServicesSPSR-Express is a package delivery company which previously offered services in Simferopol, Crimea. SPSR-Express indicated that any package services initiated by Russian customers who request shipment to Crimea would be 'carried out by unrelated third parties on commercial terms.' Elbrus Capital, a private equity firm, invests in SPSR-Express. 
Electra Ltd IsraelELTRKatzenstein AdlerSettlement: BarkanElectrical Components & EquipmentIndustrial Goods & ServicesElectra Ltd owns Katzenstein Adler, which manufactures electricity meters in Barkan Industrial Zone.Elco Ltd
Electra Ltd IsraelELTRAriel PropertiesSettlement: Ramot (East Jerusalem)Real Estate Holding & DevelopmentReal EstateAriel Properties, a subsidiary of Electra Ltd, has a property management division called Ariel Promall that provides services to the Ramot mall in the Ramot Israeli settlement in East Jerusalem.Elco Ltd
Energix-Renewable Energies IsraelENRGEnergix-Renewable EnergiesSettlement: Meitarim (Industrial Zone)Renewable Energy EquipmentOil & GasEnergix-Renewable Energies is a renewable energy company that owns 50.1% of a 5 megawatt solar array in the Meitarim industrial zone near Yatta. The solar project was built in partnership with the Har Hevron Regional Council (49.9% ownership), the area’s Israeli settlement administration. Alony Hetz (publicly traded) owns a controlling stake in Energix-Renewable Energies.Alony Hetz Properties & Investments
Eni s.p.A ItalyENIEni s.p.AClosed: SimferopolExploration & ProductionOil & GasAn ENI-led consortium of investors signed a production sharing agreement with the Ukrainian Government in November 2013. The agreement was to explore and exploit unconventional hydrocarbons in Crimean territorial waters. Following the Russian occupation of Crimea, the agreement was suspended. ENI partners with Rosneft on several exploration projects in the Barents and Black Sea. Additionally, a company official indicated that the company would be willing to get in touch with the new authority in Crimea to discuss the resumption of the agreement. 
EQT Sweden Eye Solutions IncNon-Settlement: RamallahMedical EquipmentHealth CareSivantos Group, which produces Siemens brand hearing aids, sells and distributes hearing aid devices in Palestine. In Ramallah, Sivantos markets the hearing aid devices through Eye Solutions Inc which also provides hearing aid services. Siemens divested its minority stake in Sivantos Group. EQT, a private equity firm, is the majority shareholder and invests in the company through private equity fund EQT VI. 
ER-Telecom Holding JSC Russian Federation EnfortaOpen: Dzhankoy, Feodosia, Kerch, Sevastopol, Simferopol, YevpatoriyaFixed Line TelecomsTelecomsEnforta is the brand name of broadband service provider Prestige Internet which began operating throughout Crimea following the occupation. In June 2016, ER-Telecom, one of the largest broadband providers in Russia, acquired 100% of Enforta through an equity swap. Following the equity swap, publicly traded Sumitomo Corporation and private equity firms Baring Vostok Capital Partners, Bessemer Venture Partners and the private equity arm of UFG Asset Management retain a stake in Enforta through their stake in ER-Telecom. Additionally, ER-Telecom has outstanding corporate bonds on the Moscow Stock Exchange. 
Expedia Inc United StatesEXPEExpedia IncNon-Settlement: BethlehemTravel & TourismTravel & LeisureExpedia Inc is an online travel agent that processes payments for reservations in hotels both in Israeli settlements and Palestinian communities. 
Expedia Inc United StatesEXPEExpedia IncSettlement: Mitzpe ShalemTravel & TourismTravel & LeisureExpedia Inc is an online travel agent that processes payments for reservations in hotels both in Israeli settlements and Palestinian communities. 
Expedia Inc United StatesEXPEHomeAway IncNon-Settlement: Bethlehem, JerichoTravel & TourismTravel & LeisureHomeAway Inc is a vacation rental marketplace that offers rental opportunities in Palestinian communities. HomeAway Inc is a subsidiary of Expedia Inc. 
FedEx Corporation United StatesFDXRasil ExpressNon-Settlement: Al-Bireh, East Jerusalem, Hebron, Nablus, RamallahDelivery ServicesIndustrial Goods & ServicesFedEx Corporation provides transportation, e-commerce and business services through independent operators. Rasil Express, located in Ramallah, provides courier services throughout the West Bank under the FedEx Corporation brand. 
Feodosia Optical Plant SUE RC Russian Federation Feodosia Optical Plant SUE RCAnnexed: FeodosiaDefenseIndustrial Goods & ServicesFollowing the occupation, the Feodosia Optical Plant SUE RC was annexed. It produces optical instruments for tanks. The Ukrainian entity was called Feodosia State Optical Plant. 
Feodosia Shipbuilding Company "Morye" Russian Federation Feodosia Shipbuilding Company "Morye"Annexed: FeodosiaDefenseIndustrial Goods & ServicesPrior to the occupation, the Feodosia Shipbuilding Company "Morye" was state-owned and part of the Ukrainian military industrial complex (Ukroboronprom). After the occupation, it was one of 13 Ukroboronprom enterprises identified by the Russian government as requiring certification to be included in the Russian military industrial complex. In May 2016, a keel was laid for the first Russian naval vessel build in Crimea since 2014. The guided missile ship is part of a class of 18 vessels known as Project 22800. In September 2016, the company became subject to US sanctions. The company has increased its capacity to construct military vessels. 
FIMI Opportunity Funds Israel FIMI Security SolutionsSettlement: Giv'at Ze'evDefenseIndustrial Goods & ServicesIn December 2016, G4S sold G4S Israel to FIMI Opportunity Funds, an Israeli private equity firm. FIMI Opportunity Funds renamed the subsidiary FIMI Security Solutions, then subsequently, G1. There will reportedly be no significant changes to the subsidiary’s activities in Israel. G4S previously confirmed that it has contracts: to service baggage scanning equipment and metal detectors used at checkpoints, including a small number of checkpoints along the separation barrier; to install and maintain electronic systems such as fire detection equipment at a West Bank police station; and to install and maintain electronic security systems, such as CCTV, access control systems and public address systems within a number of Israeli prisons (including Ofer Prison near Giv'at Ze'ev). G4S previously stated that it would not renew such contracts when they expire - many of which ended prior to 2017. G4S also previously confirmed that a small number of G4S Israel’s nationwide contracts service areas within the settlements, such as manned security and alarm monitoring for commercial and residential clients. 
First International Bank of Israel Ltd (FTIN) IsraelFTINBank Otsar Ha-Hayal Settlement: ArielBanksBanksBank Otsar Ha-Hayal, a subsidiary of FIBI, provides banking services at its branch in Ariel. FIBI Holdings Ltd is the publicly traded parent company of FIBI.FIBI Holdings Ltd
First International Bank of Israel Ltd (FTIN) IsraelFTINFirst International Bank of Israel LtdSettlement: Beitar IllitBanksBanksFIBI is a partner with Minrav Holdings in the development and construction of Ginot Minrav, an ultra-Orthodox housing project in Israeli settlement Beitar Illit, according to Human Rights Watch. FIBI Holdings Ltd is the publicly traded parent company of FIBI.FIBI Holdings Ltd
Ford Motor Co United StatesFAl-Rami Motors CompanyNon-Settlement: RamallahSpecialty RetailersRetailAl-Rami Motors Company is an official Ford dealership in Ramallah. Ford Motor Company has no investment in Al-Rami Motors Company. 
Forum TFI SA Poland MohitoOpen: SimferopolApparel RetailersRetailMohito is a clothing store located in the Meganom Mall complex in Simferopol. Mohito is a brand of LPP SA (Lubianiec Piechocki and Partnerzy). LPP SA is listed on the Warsaw Stock Exchange. Forum TFI SA is an investment fund company which has a 6% stake in LPP SA. 
Forum TFI SA Poland ReservedOpen: SimferopolApparel RetailersRetailReserved is a clothing store located in the Meganom Mall complex in Simferopol. Reserved is a brand of LPP SA (Lubianiec Piechocki and Partnerzy). LPP SA is listed on the Warsaw Stock Exchange. Forum TFI SA is an investment fund company which has a 6% stake in LPP SA. 
Fosun International Limited China656Ahava Dead Sea Laboratories Ltd (Ahava)Settlement: Kalia, Mitzpe ShalemGeneral MiningBasic ResourcesIn 2015, Fosun International Limited purchased a controlling share in Ahava. Ahava has facilities in Kalia and Mitzpe Shalem and extracts minerals from the Dead Sea within the boundaries of the West Bank. In March 2016, Ahava committed to vacate its Mitzpe Shalem manufacturing plant and build a new factory on land leased by Kibbutz Ein Gedi. Fosun International Limited is controlled by privately held Fosun International Holdings Ltd. 
Foursan Partners Palestine Siniora Food Industries CoNon-Settlement: East JerusalemFood ProductsFood & BeverageSiniora Food Industries Co (Siniora), a publicly traded company, has a meat packing plant in East Jerusalem. Its products are sold in Palestine, Jordan and other Middle Eastern countries. The Arab Palestinian Investment Co (publicly traded) owns a majority stake in Siniora. Additionally, Foursan Partners, a private equity firm, and Aram Financial Investment Co (private) each own a stake in Siniora. Siniora is part of Foursan Capital Partners I private equity fund. 
Fox-Wizel Ltd IsraelFOXFox-Wizel LtdSettlement: Pisgat Ze'evApparel RetailersRetailThere are Fox-Wizel apparel stores in several Israeli settlements in the West Bank. 
Frutarom Industries Ltd IsraelFRUTAdummim Food Additives LtdSettlement: Ma'ale AdumimSpecialty ChemicalsChemicalsAdummim Food Additives Ltd, a subsidiary of Frutarom Industries Ltd, manufactures food additives in Ma'ale Adumim. ICC Industries, a private company, owns a significant stake in Frutarom Industries Ltd. 
FSUE PAO Massandra Russian Federation FSUE PAO MassandraAnnexed: Alushta, Malorechenskoe, Morskoe, Sudak, Tavrida, YaltaDistillers & VintnersFood & BeverageMassandra was annexed in 2014; the former owner transferred some production lines to Ukraine prior to the annexation. Now registered as a Russian Federal State Enterprise, it is part of the Agora Group distribution network. Massandra exported wine to Belarus and China in 2016. 
GazpromBank OJSC Russian FederationGZPRGazprom-Media Holding JSCClosed: SimferopolMedia AgenciesMediaGazpromBank, which has bonds on the Moscow Stock Exchange, is the sole owner of Gazprom-Media. In 2015, Gazprom Media suspended services in Crimea to insulate itself from US and EU sanctions. GazpromBank OJSC is majority owned by the Russian Federation. 
Gedeon Richter Plc Hungary Gedeon Richter PharmacyOpen: SevastopolDrug RetailersRetailAccording to Sevastopol business directories, there is a Gedeon Richter Pharmacy in Sevastopol. 
GenBank JSC Russian Federation GenBank JSCOpen: Alupka, Alushta, Bahchisaray, Bilohirsk, Dzhankoy, Feodosia, Kerch, Koktebel, Krasnogvardiyskyi, Krasnoperekopsk, Nizhnegorskiy, Saki, Sevastopol, Simferopol, Sudak, Yalta, YevpatoriyaBanksBanksGenBank JSC (GenBank), a Russian bank, was the beneficiary of the annexation of PrivatBank's Crimean assets. Prior to the Russian occupation, PrivatBank had 337 branches throughout Crimea. All PrivatBank assets were seized by Crimean authorities in 2014 and redistributed between GenBank and Russian National Commercial Bank (RNCB). In August 2015, the Crimean authorities appropriated 50% of GenBank's shares. GenBank has branch locations and ATMs throughout Crimea. In December 2015, GenBank became subject to US sanctions. GenBank also distributes state pensions in Crimea and has government-backed insurance on its retail deposits. 
Genting Berhad MalaysiaGENTCrystal Cruise LinesOpen: YaltaRecreational ServicesTravel & LeisureGenting Berhad's Crystal Cruise Lines scheduled a port of call visit to Yalta during an August-September 2015 cruise. 
Global United Insurance PalestineGUIGlobal United InsuranceNon-Settlement: Bethlehem, Hebron, Jenin, Nablus, Qalqilya, Ramallah, Salfit, Tubas, TulkarmFull Line InsuranceInsuranceGlobal United Insurance is a Palestinian insurance provider servicing customers across Palestine. 
Godaddy Inc United StatesGDDYGodaddy IncClosed: SimferopolInternetTechnologyGodaddy Inc, the internet domain registrar, suspended its services throughout Crimea due to US sanctions, which required US businesses to cease all commercial relations with residents of the region by January 31, 2015. 
Golden Wheat Mills Co PalestineGMCGolden Wheat Mills CoNon-Settlement: RamallahFarming & FishingFood & BeverageGolden Wheat Mills Co produces and markets different kinds of flour in the West Bank. Paltel's Retirement Fund owns a 12.4% stake in Golden Wheat Mills Co. 
Golf & Co IsraelGOLF&Golf StoresSettlement: Ma'ale Adumim, Pisgat Ze'evApparel RetailersRetailGolf & Co is a fashion design retail company in Israel that owns &Golf Stores. &Golf Stores has branches in the Israeli settlements Ma'ale Adumim and Pisgat Ze'ev. Golf & Co is 62% owned by Clal Industries Ltd (private) which is in turn wholly owned by private company Access Industries. 
Golf & Co IsraelGOLFGolf Kids StoresSettlement: Ma'ale Adumim, Pisgat Ze'ev, Ramot (East Jerusalem)Apparel RetailersRetailGolf & Co is a fashion design retail company in Israel that owns Golf Kids Stores. Golf Kids Stores has locations in the Israeli settlements Ma'ale Adumim, Pisgat Ze'ev and Ramot. Golf & Co is 62% owned by Clal Industries Ltd (private) which is in turn wholly owned by private company Access Industries. 
Golf & Co IsraelGOLFGolf & CoSettlement: Pisgat Ze'evApparel RetailersRetailGolf & Co is a fashion design retail company with a branch in East Jerusalem. Golf & Co is 62% owned by Clal Industries Ltd (private) which is in turn wholly owned by private company Access Industries. 
Golf & Co IsraelGOLFIntima StoresSettlement: Pisgat Ze'evApparel RetailersRetailGolf & Co is a fashion design retail company in Israel that owns Intima Stores. Intima Stores has a location in Pisgat Ze'ev. Golf & Co is 62% owned by Clal Industries Ltd (private) which is in turn wholly owned by private company Access Industries. 
Hamat Group Ltd IsraelHAMATLipski Plumbing and Sanitation ProductsSettlement: BarkanBuilding Materials & FixturesConstruction & MaterialsHamat Group Ltd owns Lipski Plumbing and Sanitation Products, which manufactures plastic plumbing installations in Barkan Industrial Zone. 
Hanan Mor Group Holdings Ltd IsraelHNMRHanan MorSettlement: ArielReal Estate Holding & DevelopmentReal EstateHanan Mor, a real estate developer, is building and selling housing units in Ariel called Green Ariel. The project was financed by Mizrahi-Tefahot Bank Ltd. Hanan Mor is majority owned by Hanan Mor Group Investments 2006 Ltd (private). 
Harel Insurance Investments & Financial Services Ltd IsraelHARLCityPass GroupSettlement: East JerusalemHeavy Construction Construction & MaterialsHarel Insurance Investments & Financial Services Ltd is one of three major investors in the Israel Infrastructure Fund (IIF), which provides significant investment in the CityPass Group. CityPass Group is the designer and operator of the Jerusalem Light Rail Project. 
HeidelbergCement AG Germany HEI-HDELYHanson (Israel) LtdSettlement: ElkanaBuilding Materials & FixturesConstruction & MaterialsHanson (Israel) Ltd has an asphalt plant and a quarry in Nahal Raba, which is in the West Bank off Highway 5 between Rosh Haayin and Elkana. Hanson (Israel) Ltd is a subsidiary of Hanson Ltd, which in turn is a subsidiary of HeidelbergCement AG. In communications with the company, a representative disagreed with the location of the Nahal Raba Quarry, and states that it is located on the border of Israel between Rosh Haayin and Zawiya. Additionally, the company has stated the following: "We publicly state that Hanson Israel does not deliver materials to the settlements and the wall... The Nahal Raba quarry does not operate in a settlement but operates on public land that does not belong to a specific village. As such stating settlement is wrong and misleading. The quarry is located on public land that is administered by the Civil Administration that is responsible for the administration in Area C of the West Bank... The Nahal Raba quarry pays licenses and taxes to this Civil Administration." 
Horizon Capital Ukraine Inkerman WineryOpen: Bahchisaray, SevastopolDistillers & VintnersFood & BeverageInkerman Winery is a wine producer with extensive vineyards in the areas surrounding Sevastopol and Bahchisaray. Inkerman International AB (Sweden), a privately held company, wholly owns Inkerman Winery. Horizon Capital, a private equity firm, invests in Inkerman International AB. 
Hot Telecommunication Systems Ltd Israel HOT B1-HOT B2Hot Telecommunication Systems LtdSettlement: East JerusalemMobile TelecomsTelecomsSince January 2017, Hot Telecommunication Systems Ltd’s 2013 provides television broadcasting services to settlements throughout the West Bank. Hot Telecommunication Systems Ltd's bonds are traded on the Tel Aviv Stock Exchange. Hot Telecommunication Systems Ltd's publicly traded parent company is Altice NV. Altice NV is majority owned by private company Next Alt Sarl.Altice NV
Hot Telecommunication Systems Ltd Israel HOT B1-HOT B2Hot MobileSettlement: Pisgat Ze'evMobile TelecomsTelecomsHot Mobile, a brand of Hot Telecommunication Systems Ltd and wholly owned subsidiary, has mobile phone antennas throughout the West Bank. Hot Mobile's publicly traded parent company is Altice NV. Altice NV is majority owned by private company Next Alt Sarl.Altice NV
HP Inc United StatesHPQHewlett Packard (HP)Non-Settlement: Abu Dis, Barta'a, Beit sira, Bethlehem, Hebron, Jenin, Jericho, Nablus, TulkarmElectronic EquipmentIndustrial Goods & ServicesHP Inc. (formerly known as Hewlett Packard) is a major provider of security systems in West Bank check points and prisons, including Ofer Prison located in the West Bank. HP Inc. has a development center in the settlement of Beitar Illit, and provided services and storage solutions to the Ariel municipal government. 
HP Inc United StatesHPQHewlett Packard (HP)Settlement: Ariel, Atarot, Beitar Illit, Giv'at Ze'ev, Hashmonaim, ShakedElectronic EquipmentIndustrial Goods & ServicesHP Inc. (formerly known as Hewlett Packard) is a major provider of security systems in West Bank check points and prisons, including Ofer Prison located in the West Bank. HP Inc. has a development center in the settlement of Beitar Illit, and provided services and storage solutions to the Ariel municipal government. 
Hyundai Motor Co Korea Republic5380Hyundai Motor CoNon-Settlement: Bethlehem, Gaza City, Hebron, Jenin, Nablus, Ramallah, TulkarmSpecialty RetailersRetailHyundai Motor Co has car showrooms in several Palestinian towns in both the West Bank and Gaza.Hyundai Mobis Co Ltd
Hyundai Motor Co Korea Republic5380Avtodel GroupOpen: Sevastopol, SimferopolSpecialty RetailersRetailHyundai Motor Co sells its vehicles through the Avtodel Group dealership in Crimea located in Simferopol. The Simferopol location operates a vehicle service center.Hyundai Mobis Co Ltd
Ibex Investors United States Spiral GlassSettlement: BarkanBuilding Materials & FixturesConstruction & MaterialsGauzy is a private liquid crystal glass technology company. Gauzy uses certified partner companies to manufacture and distribute its products. One of these partners, Spiral Glass, is located in the Barkan industrial zone. Ibex Investors (formerly Lazarus Israel Opportunities Fund), Waarde Capital and Olive Tree Ventures are private equity firms with a stake in Gauzy. In October 2017, Avery Dennison (NYSE: AVY) made an investment of an undisclosed amount in Gauzy. Additionally, Avery Dennison's Hanita business division began collaborating with Gauzy on a window film product. 
Ibex Investors United States Shweiki SGISettlement: Ma'ale AdumimBuilding Materials & FixturesConstruction & MaterialsGauzy is a private liquid crystal glass technology company. Gauzy uses certified partner companies to manufacture and distribute its products. One of these partners, Shweiki SGI, is located in the Mishor Adumim industrial zone in the Ma'ale Adumim Israeli settlement. Ibex Investors (formerly Lazarus Israel Opportunities Fund), Waarde Capital and Olive Tree Ventures are private equity firms with a stake in Gauzy. In October 2017, Avery Dennison (NYSE: AVY) made an investment of an undisclosed amount in Gauzy. Additionally, Avery Dennison's Hanita business division began collaborating with Gauzy on a window film product. 
Ibtikar Fund Palestine RocabNon-Settlement: Bethlehem, Gaza City, Hebron, Nablus, RamallahInternetTechnologyRocab is a Palestine-based taxi-hailing app and taxi company management platform. Ibtikar Fund, a private equity firm, invests in Rocab. 
Ibtikar Fund Palestine 5QHQHNon-Settlement: Gaza CityInternetTechnology5QHQH is an online portal for user generated content focused on comedy. 5QHQH has an office in Gaza City. Ibtikar Fund invests in 5QHQH via Ibtikar Fund I. 
Ibtikar Fund Palestine MasariNon-Settlement: NablusConsumer FinanceFinancial ServicesMasari is an online accounting platform focused on small enterprises. Ibtikar Fund invests in Masari via Ibtikar Fund I. 
Ibtikar Fund Palestine FadfidNon-Settlement: RamallahHealth Care ProvidersHealth CareFadfid is an online platform which connects licensed psychologists and customers in the Middle East who conduct therapy sessions over the internet. Ibtikar Fund invests in Fadfid via Ibtikar Fund I. 
Ibtikar Fund Palestine Ibtikar FundNon-Settlement: RamallahEquity Investment InstrumentsFinancial ServicesIbtikar Fund is a private equity firm targeting the Palestinian startup sector. It is headquartered in Ramallah. Ibtikar Fund launched Ibtikar Fund I in July 2017. 
Ibtikar Fund Palestine TasameemNon-Settlement: RamallahMedia AgenciesMediaTasameem is an online platform where graphic designers upload work to the website which can be browsed and purchased by customers. Ibtikar Fund invests in Tasameem via Ibtikar Fund I. 
Ibtikar Fund Palestine WirezNon-Settlement: RamallahMedia AgenciesMediaWirez provides an online platform for media promotion and purchasing. Ibtikar Fund invests in Wirez via Ibtikar Fund I. 
Ibtikar Fund Palestine WorknizerNon-Settlement: RamallahInternetTechnologyWorknizer is an online file storage company with an office in Ramallah. Ibtikar Fund invests in Worknizer via Ibtikar Fund I. 
ILG Inc United StatesIILGInterval Leisure Group IncSettlement: AlmogHotelsTravel & LeisureILG Inc owns The Pearl of the Dead Sea resort in Almog. 
Industria de Diseño Textil S.A. aka Inditex SA Spain ITXIndustria de Diseño Textil S.A.Closed: SimferopolApparel RetailersRetailDue to EU sanctions in response to Russia's occupation of Crimea, Industria de Diseño Textil S.A decided not to open its stores in Simferopol's Meganom Mall. Inditex's Zara brand clothing was reportedly being sold in "Zara Zara" and "Zara City" at least one store in Sevastopol. However, Inditex has publicly denounced its association to these stores and insists that the company in question "leads a fraudulent business and illegally uses the name and symbols" of Inditex's brand. Pontegadea Inversiones SL holds a significant stake in Industria de Diseño Textil S.A.'s. 
Industrial Buildings Corporation Ltd (IBC) IsraelIBLDIBCSettlement: Barkan, Elkana, Karnei Shomron, Kiryat Arba, Ma'ale EfraimReal Estate Holding & DevelopmentReal EstateIBC has real estate development projects in different settlements in the West Bank. Publicly traded Jerusalem Economy Ltd holds a majority stake in IBC. MIVNE Group (private) is the majority shareholder of Jerusalem Economy Ltd. 
InVenture Partners Russian Federation BusforClosed: Alushta, Feodosia, Feodosia, Sevastopol, Simferopol, YaltaTravel & TourismTravel & LeisureBusfor is an online bus ticket broker through which customers may purchase bus tickets. Busfor has confirmed that it no longer offers bus tickets to, from or within Crimea. Busfor is a privately held company. InVenture Partners, a private equity firm, invests in Busfor. 
Israel Discount Bank Ltd IsraelDSCTIsrael Discount Bank LtdNon-Settlement: East JerusalemBanksBanksIsrael Discount Bank Ltd, a leading Israeli financial group, has a branch in the Israeli settlement Ma'ale Adumim and in a Palestinian neighborhood of East Jerusalem. 
Israel Discount Bank Ltd IsraelDSCTIsrael Discount Bank LtdSettlement: Ma'ale AdumimBanksBanksIsrael Discount Bank Ltd, a leading Israeli financial group, has a branch in the Israeli settlement Ma'ale Adumim and in a Palestinian neighborhood of East Jerusalem. 
Israel Electric Corporation/The Israel Israel Electric Corporation/TheSettlement: Ariel, AtarotConventional ElectricityUtilitiesThe Israel Electric Corporation (IEC) is a utilities company which supplies power to the West Bank and the Gaza Strip through the Palestinian Authority and the East Jerusalem Electricity Company. According to a World Bank report, the West Bank relies almost solely on the IEC for its power supply. IEC has six substations which supply the West Bank, including one close to Hebron, one in the Ariel settlement, one in the Atarot Industrial Area near Jerusalem, one in Jenin (Al-Jalama substation), one in Nablus and one in Ramallah. IEC also has distribution grids in the West Bank. In September 2016, IEC and the Palestinian Authority agreed on a set of principles which included: resolving Palestinian electricity debts to IEC, regulating the Palestinian electricity sector and formulating an outline to transfer the responsibility over the Palestinian electricity sector to a Palestinian body which will be established for that purpose (contingent upon debt balance). IEC's 2017 reporting indicates that the company was negotiating with Palestinian Electricity Transmission Ltd (PETL) to sign a 15-year agreement for the sale of extra-high voltage electricity. Additionally, the report states that the construction of the Nablus substation, the Jenin substation and the Tarqumiya substation (near Hebron) was completed. As of June 2018, Ramallah substation has not been completed. IEC has outstanding corporate bonds and is 99.85% owned by the State of Israel. 
Israel Electric Corporation/The Israel Israel Electric Corporation/TheNon-Settlement: Hebron, Jenin, Nablus, RamallahConventional ElectricityUtilitiesThe Israel Electric Corporation (IEC) is a utilities company which supplies power to the West Bank and the Gaza Strip through the Palestinian Authority and the East Jerusalem Electricity Company. According to a World Bank report, the West Bank relies almost solely on the IEC for its power supply. IEC has six substations which supply the West Bank, including one close to Hebron, one in the Ariel settlement, one in the Atarot Industrial Area near Jerusalem, one in Jenin (Al-Jalama substation), one in Nablus and one in Ramallah. IEC also has distribution grids in the West Bank. In September 2016, IEC and the Palestinian Authority agreed on a set of principles which included: resolving Palestinian electricity debts to IEC, regulating the Palestinian electricity sector and formulating an outline to transfer the responsibility over the Palestinian electricity sector to a Palestinian body which will be established for that purpose (contingent upon debt balance). IEC's 2017 reporting indicates that the company was negotiating with Palestinian Electricity Transmission Ltd (PETL) to sign a 15-year agreement for the sale of extra-high voltage electricity. Additionally, the report states that the construction of the Nablus substation, the Jenin substation and the Tarqumiya substation (near Hebron) was completed. As of June 2018, Ramallah substation has not been completed. IEC has outstanding corporate bonds and is 99.85% owned by the State of Israel. 
Itron Inc United StatesITRIItron IncNon-Settlement: RamallahElectronic EquipmentIndustrial Goods & ServicesItron Inc develops and implements utility metering systems. Itron Inc provided volumetric water meters for the non-profit organization Jerusalem Water Undertaking which serves the Palestinian population around Ramallah. 
Jerusalem Cigarette PalestineJCCJerusalem CigaretteNon-Settlement: East JerusalemTobaccoPersonal & Household GoodsJerusalem Cigarette produces tobacco products in East Jerusalem. 
Jerusalem Economy Ltd IsraelECJM Jerusalem Economy LtdSettlement: Atarot, Elkana, Karnei Shomron, Kiryat Arba, Ma'ale Adumim, Ma'ale Efraim, ReihanReal Estate Holding & DevelopmentReal EstateJerusalem Economy Ltd owns and manages commercial property, storage and industrial structures in several settlements and industrial zones in the West Bank. Jerusalem Economy Ltd has majority stakes in Darban Hashkaot Ltd and Industrial Buildings Corporation. Jerusalem Economy Ltd is majority owned by privately held MIVNE Group. 
Jerusalem Pharmaceuticals Co PalestineJPHJerusalem Pharmaceuticals CoNon-Settlement: RamallahPharmaceuticalsHealth CareJerusalem Pharmaceuticals Co manufactures pharmaceuticals in Ramallah. The company also has offices in Jordan and Algeria. 
Jerusalem Real Estate Investment PalestineJREIJerusalem Real Estate InvestmentNon-Settlement: RamallahReal Estate Holding & DevelopmentReal EstateJerusalem Real Estate Investment is a Palestinian real estate developer based in Ramallah. 
JSC Crimean Rose Complex Russian Federation JSC Crimean Rose ComplexAnnexed: SimferopolPersonal ProductsPersonal & Household GoodsJSC Crimean Rose Complex produces, distributes and sells a range of natural cosmetics. It was annexed in March 2014. 
Kardan NV NetherlandsKRNV-KARDTahal ProjectsNon-Settlement: East JerusalemWaste & Disposal ServicesIndustrial Goods & ServicesTahal Projects is responsible for carrying out the Jerusalem 2040 waste water treatment master plan, with a reported completion date of 2018. The master plan includes developing new sewage systems and reconstruction of sewage lines in several East Jerusalem settlements. Tahal Projects is a subsidiary of Kardan NV. 
Kardan NV NetherlandsKRNV-KARDTahal ProjectsSettlement: Mordot Gilo, Neve Ya'akov, Ramat Eshkol, Ramat Shlomo, Talpiot East (East Jerusalem)Waste & Disposal ServicesIndustrial Goods & ServicesTahal Projects is responsible for carrying out the Jerusalem 2040 waste water treatment master plan, with a reported completion date of 2018. The master plan includes developing new sewage systems and reconstruction of sewage lines in several East Jerusalem settlements. Tahal Projects is a subsidiary of Kardan NV. 
Kardan Real Estate Enterprise and Development Ltd IsraelKARERamet Ltd Settlement: Ma'ale AdumimBuilding Materials & FixturesConstruction & MaterialsRamet Ltd manufactures construction material in the Mishor Adumim industrial zone near Ma'ale Adumim. Ramet Ltd is a subsidiary of Kardan Real Estate Enterprise and Development Ltd (Kardan Real Estate) via El-Har Engineering and Construction Ltd. Kardan Real Estate's direct publicly traded parent company is Kardan Israel Ltd and its ultimate public parent company is Kardan NV.Kardan Israel Ltd, Kardan NV
Klil Industries Ltd IsraelKLILKlil Industries LtdSettlement: BarkanBuilding Materials & FixturesConstruction & MaterialsKlil Industries Ltd manufactures designer windows and aluminum construction systems in a factory in Barkan Industrial Zone. According to the Klil website, Daboosh Investments Ltd owns a majority stake in Klil Industries Ltd. 
Krymavtotrans SUE Russian Federation Krymavtotrans SUEOpen: Alushta, Kerch, Simferopol, YaltaTransportation ServicesIndustrial Goods & ServicesIn February 2015, Crimean authorities seized the property and assets of Krymavtotrans, an intercity bus services provider and owner of Crimean bus stations in Simferopol, Yalta, Kerch and Alushta. In total, a hotel and 59 bus stations, garages and booking offices were seized. 
Krymhleb SUE Russian Federation Krymhleb SUEAnnexed: Dzhankoy, Feodosia, Kerch, Simferopol, Yalta, YevpatoriyaFood ProductsFood & BeveragePrior to the occupation of Crimea, Krimxlib PuAT was part of Alexander Leschinsky’s Lauffer Group, one of the largest manufacturers of bread and bakery products in Crimea and Ukraine; it was subsequently annexed and reincorporated under the name Krymhleb SUE. Krymhleb's property was transferred to the newly-annexed, state-owned Krymzernoprom in November 2014. Lauffer Group has estimated that its losses totaled US $100 million due to the annexation of Crimea and the occupation of Donbas. 
KrymTelekom SUE Russian Federation KrymTelekom SUEAnnexed: Simferopol, Yalta, YevpatoriyaFixed Line TelecomsTelecomsIn February 2015, Vega Telecommunications Group (a subsidiary of System Capital Management) lost control of its operating platforms and equipment in Crimea, following their annexation by the Crimean State Council. Vega also lost access to its telecommunications infrastructure and operational control of technical equipment in Sevastopol, after the company's land was confiscated. The Sevastopol assets were transferred to Sevastopol Telecom SUE (SevTelecom). Former Vega customers in Simferopol, Yalta and Yevpatoriya were instructed by KrymTelekom SUE (KrymTelekom) to contact KrymTelekom service centers in order to maintain internet access. Both SevTelecom and KrymTelekom launched telecommunication services in Crimea in February 2016. 
Krymzernoprom Russian Federation KrymzernopromAnnexed: SimferopolFarming & FishingFood & BeverageKrymzernoprom was annexed in March 2014. Managed by the Crimean Ministry of Agriculture, it will participate in a project to create a grain reserve in Crimea. 
Krymzhelezobeton JSC Russian Federation Krymzhelezobeton JSCAnnexed: Alushta, Bahchisaray, Sevastopol, SimferopolBuilding Materials & FixturesConstruction & MaterialsKrymzhelezobeton JSC was annexed in February 2015. Prior to that, Ukrainian Parliamentarian Andriy Senchenko was a significant shareholder. The factory is a leading Crimean producer of construction materials. 
LPP SA PolandLPPMohitoOpen: SimferopolApparel RetailersRetailMohito is a clothing store located in the Meganom Mall complex in Simferopol. Mohito is a brand of LPP SA (Lubianiec Piechocki and Partnerzy). LPP SA is listed on the Warsaw Stock Exchange. Forum TFI SA is an investment fund company which has a 6% stake in LPP SA. 
Magarach Agricultural Company SUE Russian Federation Magarach Agricultural Company SUEAnnexed: YaltaFarming & FishingFood & BeverageFormerly known as the Magarach Wine Institute, the company and its extensive vineyards were annexed in March 2014 by a decree of the State Council of the Crimean Republic. The company was reincorporated as Magarach Agricultural Company SUE. 
Malam-Team Ltd IsraelMLTMMalam Team LtdSettlement: Beitar IllitComputer ServicesTechnologyMalam Team Ltd runs a training center in Beitar Illit for people who will staff its remote call centers, to which other companies outsource their assistance lines.Arad Investment & Industrial Development Ltd
Maman Group IsraelMMANJerusalem Archive LtdSettlement: Ma'ale AdumimBusiness Support ServicesIndustrial Goods & ServicesLocated in Ma'ale Adumim, Jerusalem Archive Ltd provides archival services, including the filing and storage of digital files. It is a subsidiary of Maman Group and traded on the Tel Aviv Stock Exchange as Maman-Cargo Terminals & Handling Ltd (MMAN), which in turn is majority owned by Taavura Holdings Ltd (private). Taavura Holdings Ltd is jointly owned by Avraham Livnat Ltd (private holding company) and Nesher Israel Cement Enterprises Ltd (private). 
MasterCard Incoporated United StatesMAMasterCard IncorporatedOpen: SimferopolConsumer FinanceFinancial ServicesIn December 2014 MasterCard suspended its operations in Crimea, citing US sanctions. Subsequently, in accordance with new Russian legislation, MasterCard transferred processing of domestic Russian transactions from off-shore to the Russian National System of Payment Cards (NSPK). From late July 2015, MasterCard is operating in Crimea, with residents reporting that they have been able to use their MasterCard to withdraw funds at ATMs. 
Matrix IT Ltd IsraelMTRXMatrix GlobalSettlement: Modi'in IllitComputer ServicesTechnologyMatrix Global provides outsourcing services for IT companies. Their service center is located in Modi'in Illit. Matrix Global is a service division of Matrix IT Ltd, in which a majority share is owned by publicly traded Formula Systems (1985) Ltd. Formula Systems (1985) Ltd is controlled by publicly traded Asseco Poland SA.Asseco Poland SA, Formula Systems (1985) Ltd
Mazda Motor Co Japan7261; MZDAYAl-Rami Motors Company Non-Settlement: RamallahSpecialty RetailersRetailAl-Rami Motors Company is an official Mazda Motor Co dealership in Ramallah. 
McDonald's Corporation United StatesMCDMcDonald's RestaurantClosed: Sevastopol, Simferopol, YaltaRestaurants & BarsTravel & LeisureMcDonald's shuttered its restaurants in Crimea due to sanctions imposed by the US in response to the Russian occupation of the peninsula. 
Mega Or Holdings Ltd IsraelMGORMega Or Holdings LtdSettlement: ArielReal Estate Holding & DevelopmentReal EstateMega Or Holdings Ltd owns a building in Ariel which is rented to the Israeli Police Judea and Samaria district building located in Ariel. 
Mega Or Holdings Ltd IsraelMGORMega Or Rami Levy Ariel MallSettlement: ArielReal Estate Holding & DevelopmentReal EstateMega Or Holdings Ltd, in partnership with Rami Levy, is managing and developing the Mega Or Rami Levy Ariel shopping mall in Ariel. 
Mehadrin Ltd IsraelMEDN-LMehadrin LtdNon-Settlement: East Jerusalem, RamallahFarming & FishingFood & BeverageAccording to the company's website, Mehadrin Ltd has fruit orchards in the West Bank. The orchards are not in cities, so their locations are designated with the most proximate urban centers. In correspondence with our researchers, Mehadrin denied having any orchards or other presence within the 1967 borders. Publicly traded Property & Building Corp holds a controlling stake in Mehadrin Ltd. Property & Building Corp is controlled by Discount Investment Corporation Ltd (DIC), which is in turn controlled by IDB Development Corporation Ltd (aka IDB Group). IDB Development Corporation Ltd's corporate bonds are listed on the Tel Aviv Stock Exchange.Discount Investment Corporation Ltd, IDB Development Corporation Ltd, Property & Building Corp
Melisron Ltd IsraelMLSRMelisron LtdSettlement: Ma'ale AdumimReal Estate Holding & DevelopmentReal EstateMelisron owns and operates a shopping mall in Ma'ale Adumim. Ofer Investments Ltd is the majority shareholder of Melisron. 
Mellanox Technologies Ltd IsraelMLNXMellanox Technologies LtdNon-Settlement: Gaza City, Nablus, RamallahTelecoms EquipmentTechnologyMellanox Technologies Ltd is a fabless semiconductor company that employs a number of Palestinian programmers in Gaza City, Nablus and Ramallah. Mellanox Technologies Ltd works with ASAL Technologies, a Palestinian software firm, to hire programmers. 
Mer Group Ltd IsraelCMERAthena GS3Non-Settlement: East JerusalemElectronic EquipmentIndustrial Goods & ServicesMer Group Ltd and its subsidiary Athena GS3 built the Old City Mabat 2000 surveillance system in East Jerusalem in 2000. Mer Group Ltd’s flagship project, Mabat 2000 is one of the largest surveillance systems in the world. FIMI Opportunity Funds, a private equity firm, owns a noncontrolling stake in Mer Group Ltd. In September 2016, Mer Group was chosen by the Israeli police to upgrade the system and to support it until 2025. 
Meshulam Levinstein Construction & Engineering Ltd IsraelLEVIMeshulam Levinstein Construction & Engineering LtdSettlement: Har Homa (Givat Hamatos)Real Estate Holding & DevelopmentReal EstateMeshulam Levinstein Construction & Engineering Ltd owns and manages residential housing in Har Homa. 
Metro AG GermanyMEOMetro Cash & CarryOpen: Sevastopol, SimferopolBroadline RetailersRetailMetro Cash & Carry in Crimea was previously managed by Metro Cash & Carry Ukraine. Following Russia's occupation, Metro AG shifted management of the two Crimean wholesale centers to Retail Property 5 to ensure smooth operations. 
MHP SA LuxembourgMHPCCrimean Fruit Company PRJSCClosed: KrasnogvardiyskyiFarming & FishingFood & BeverageLocated in the Krasnogvardiyskyi District, Crimean Fruit Company has orchards and fields producing a wide range of fresh fruit. There is also storage and processing on site. In February 2017, MHP SA announced the sale of all assets in Crimea, including Crimean Fruit Company PRJSC. However, the buyer of the assets remains unclear. 
MHP SA LuxembourgMHPCDruzhba Narodiv LLCClosed: KrasnogvardiyskyiFarming & FishingFood & BeverageLocated in the Krasnogvardiyskyi District, Druzhba Narodiv LLC grows livestock feed and produces sausages and smoked meat products. In February 2017, MHP SA announced the sale of all assets in Crimea, including Druzhba Narodiv LLC. However, the buyer of the assets remains unclear. 
MHP SA LuxembourgMHPCDruzhba Narodiv Nova PRJSCClosed: KrasnogvardiyskyiFarming & FishingFood & BeverageLocated in the Krasnogvardiyskyi District, Druzhba Narodiv Nova has facilities to raise and process poultry. The Shahtarska Nova poultry farm, a breeding farm located in the Donetsk region and owned by MHP, provided hatching eggs to Druzhba Narodiv Nova. Shahtarska Nova's operations were suspended as of August 2014. In February 2017, MHP SA announced the sale of all assets in Crimea, including Druzhba Narodiv Nova. However, the buyer of the assets remains unclear. 
Minrav Holdings Ltd IsraelMNRVMinrav Holdings LtdSettlement: Beitar IllitHeavy ConstructionConstruction & MaterialsMinrav Holdings Ltd has carried out a number of infrastructure and construction projects in the West Bank. Most recently, Minrav has partnered with the First International Bank of Israel to build Ginot Minrav, an ultra-Orthodox housing project in Israeli settlement Beitar Illit. The company also completed a 120-unit apartment complex in Giv'at Ze'ev for the Haredi community. Previous completed projects in other sectors include: In 2008, Minrav finished work on a the Latrun bridge 6 for the Tel-Aviv to Jerusalem high speed railway, which runs through the West Bank; In 2011, Minrav received a contract to build and operate the Eastern Sewage Treatment Plant at Nabi Musa for 25 years but reportedly no longer has an interest in the plant after Minrav sold its share to Mekorot; In 2014, Minrav finished 3.5km of tunneling work for the high speed rail at Latrun. 
Mitsubishi Motors Corporation Japan7211AutoluxOpen: SevastopolSpecialty RetailersRetailMitsubishi Motors Corporation sells its vehicles through two official dealerships in Crimea, Autolux in Sevastopol and Avtodel Group in Simferopol. Nissan Motor Co Ltd holds a 34% stake in Mitsubishi Motors Corporation.Nissan Motor Co Ltd
Mizrahi-Tefahot Bank Ltd IsraelMZTFMizrahi-Tefahot Bank LtdSettlement: Alon Shvut, Ariel, Efrat, Elkana, Karnei Shomron, Kiryat Arba, Ma'ale Adumim, Ramat Eshkol, Ramot (East Jerusalem)BanksBanksMizrahi-Tefahot Bank Ltd has branches in the following Israeli settlements in the West Bank: Alon Shvut, Karnei Shomron, Ramat Eshkol, Ramot (East Jerusalem). According to Human Rights Watch, Mizrahi-Tefahot Bank Ltd is a partner in a number of construction projects in the following Israeli settlements: Ariel, Efrat, Elkana, Kiryat Arba and Ma'ale Adumim. Ofer Investments Ltd is the majority shareholder of Mizrahi-Tefahot Bank Ltd. 
Mizrahi-Tefahot Bank Ltd IsraelMZTFBank YahavSettlement: Ma'ale Adumim, Pisgat Ze'evBanksBanksBank Yahav, which is 50% owned by Mizrahi-Tefahot Bank, has a branch in Ma'ale Adumim and in Pisgat Ze'ev. Ofer Investments Ltd is the majority shareholder of Mizrahi-Tefahot Bank Ltd. 
Mobile Telesystems PJSC Russian FederationMTSSK-Telecom CJSCOpen: SimferopolMobile TelecomsTelecomsK-Telecom CJSC operates under the brand WinMobile TM. K-Telecom CJSC subsumed Mobile TeleSystems' operations in Crimea following the announcement that Mobile TeleSystems would no longer be operating in Crimea. Mobile TeleSystems has a 100% indirect ownership of K-Telecom CJSC which is based in Armenia. 
Mordechai Aviv Taasiot Beniyah (1973) Ltd IsraelAVIVM. Aviv Construction WorksSettlement: AtarotBuilding Materials & FixturesConstruction & MaterialsOwned by Mordechai Aviv Taasiot Beniyah (1973) Ltd, M. Aviv Construction Works manufactures aluminum in the Atarot Industrial Zone. 
Mostotrest PJSC Russian FederationMSTTMostotrest PJSCOpen: KerchHeavy ConstructionConstruction & MaterialsMostotrest PJSC is a subcontractor for the Kerch Bridge road and railway construction project being carried out by SGM-Most aka Stroygazmontazh. The company has valued the contract at RUB 96.9 billion, including VAT. In September 2016, Mostotrest PJSC became subject to US sanctions. 
Mustang Mezzanine Fund Israel Espro Information Technologies LtdNon-Settlement: East JerusalemPublishingMediaEspro Information Technologies Ltd is a private media production company which produces audio tours of various monuments, locations and cities via smart phone application. The company produced an audio tour for The Church of the Holy Sepulcher, located in East Jerusalem. Mustang Mezzanine Fund is an investor in Espro Information Technologies Ltd. 
Mustang Mezzanine Fund Israel JumpSettlement: Pisgat Ze'evApparel RetailersRetailMalka Retail Group Ltd is a private clothing company which sells men and women's clothing through the ML and Jump brands. It has Onot and Jump brand store located in Lev HaPisga Mall in Pisgat Ze'ev. Mustang Mezzanine Fund is an investor in Malka Retail Group Ltd. 
Mustang Mezzanine Fund Israel MLSettlement: Pisgat Ze'evApparel RetailersRetailMalka Retail Group Ltd is a private clothing company which sells men and women's clothing through the ML and Jump brands. It has an ML brand store located in Lev HaPisga Mall in Pisgat Ze'ev. Mustang Mezzanine Fund is an investor in Malka Retail Group Ltd. 
Nablus Surgical Center PalestineNSCNablus Surgical CenterNon-Settlement: NablusHealth Care ProvidersHealth CareNablus Surgical Center is a healthcare provider located in Nablus. 
National Aluminum and Profile Co PalestineNAPCONational Aluminum and Profile Co (NAPCO)Non-Settlement: Gaza City, Nablus, RamallahBuilding Materials & FixturesConstruction & MaterialsNAPCO owns and operates an aluminum factory in Nablus. Arab Palestine Investment Company Ltd (APIC) holds a majority stake in NAPCO.Arab Palestinian Investment Company Ltd (APIC)
National Bank/The PalestineTNBNational Bank/TheNon-Settlement: Al-Ram, Bethlehem, Dura, East Jerusalem, Hebron, Hizma, Jenin, Nablus, Ramallah, Rawabi, TulkarmBanksBanksThe National Bank provides services through its offices across Palestine. Siraj Fund Management Company, a private equity firm which operates as a subsidiary of Massar International, invests in The National Bank. 
National Carton Industry/The PalestineNCINational Carton Industry/TheNon-Settlement: NablusContainers & PackagingIndustrial Goods & ServicesThe National Carton Industry manufactures boxes and cartons in Nablus. Palestine Industrial Investment Company (PIIC) is the main shareholder of the company.Palestine Industrial Investment Company (PIIC)
National Insurance Company PalestineNICNational Insurance CompanyNon-Settlement: Al-Bireh, Beit Ummar, Bethlehem, Deir Dibwan, Dura, East Jerusalem, Gaza City, Hebron, Howwarah, Jenin, Jericho, Nablus, Qalqilya, Ramallah, Salfit, Tubas, Tulkarm, YattaProperty & Casualty InsuranceInsuranceNational Insurance Company provides insurance through its many offices in Palestine. The National Insurance Company owns a controlling stake in Al-Wataniah Towers Company, based in Al-Bireh. 
Nestlé SA SwitzerlandNESNNestlé Trading PLCNon-Settlement: Bethlehem, NablusFood ProductsFood & BeverageNestlé Trading PLC is the Palestinian subsidiary of Nestlé SA, a supplier of food and other nutrition and wellness products. Nestlé Trading PLC is headquartered in Bethlehem with additional facilities in Nablus. Nestlé Trading PLC also works with local distributors in Gaza City. 
Netanel Group Ltd IsraelNTGRNetanel Group LtdSettlement: Pisgat Ze'evReal Estate Holding & DevelopmentReal EstateNetanel Group Ltd developed and sold five residential towers in Pisgat Ze'ev. 
Nissan Motor Co Ltd Japan7201MENA Investment CoNon-Settlement: Beit Sahour, Nablus, RamallahSpecialty RetailersRetailNissan has a dealership agreement with MENA Investment Co. to distribute Nissan vehicles in the West Bank through locations in Beit Sahour, Nablus and Ramallah.Renault SA
Nissan Motor Co Ltd Japan7201Auto-Holding OOOOpen: SevastopolSpecialty RetailersRetailAuto-Holding OOO is the official dealer of Nissan Motor Co Ltd in Sevastopol. In addition to this dealership, the Renault-Nissan Alliance has a majority stake in AvtoVAZ PAO, which has a dealership in Crimea. Renault SA holds over 40% in Nissan Motor Co Ltd and the Renault-Nissan Alliance.Renault SA
Nissan Motor Co Ltd Japan7201Avtoritet-MOpen: SimferopolSpecialty RetailersRetailAvtoritet-M is the official dealer of Nissan Motor Co Ltd in Simferopol. In addition to this dealership, the Renault-Nissan Alliance has a majority stake in AvtoVAZ PAO, which has a dealership in Crimea. Renault SA holds over 40% in Nissan Motor Co Ltd and the Renault-Nissan Alliance.Renault SA
North Castle Partners United States CurvesSettlement: Efrat, Har Homa (Givat Hamatos), Ma'ale Adumim, Pisgat Ze'evRecreational ServicesTravel & LeisureCurves Jenny Craig has four Curves franchise locations in Israeli settlements Efrat, Homat Shmuel (Har Homa), Ma’ale Adumim and Pisgat Ze’ev. The Curves franchise locations in Israel are authorized and independently owned and operated. North Castle Partners, a private equity firm, invests in Curves Jenny Craig. 
Norwegian Cruise Line Holdings Ltd BermudaNCLHOceania CruisesClosed: Sevastopol, YaltaRecreational ServicesTravel & LeisureDespite the Norwegian Cruise Line Holdings Ltd's confirmation that Oceania Cruises would not be visiting the Sevastopol and Yalta ports on its 2015 cruises, published schedules indicate that Oceania Cruises's planned ports of call include Sevastopol and Yalta on 2016 cruises. 
Norwegian Cruise Line Holdings Ltd BermudaNCLHRegent Seven Seas CruisesClosed: Sevastopol, YaltaRecreational ServicesTravel & LeisureDespite the Norwegian Cruise Line Holdings Ltd's confirmation that Regent Seven Seas Cruises would not be visiting the Sevastopol and Yalta ports on its 2015 cruises, published schedules indicate that Regent Seven Seas Cruises's planned ports of call include Sevastopol and Yalta on 2016 cruises. 
Oaktree Capital Group LLC United StatesOAKOaktree Capital Group LLCSettlement: Massu'aWaste & Disposal ServicesIndustrial Goods & ServicesOaktree Capital Group LLC purchased all of the Veolia waste, water, and energy activities in Israel. As a result, Oaktree owns the Tovlan Landfill (Masua), which is located in the West Bank and collects waste from Israeli settlements. Oaktree Capital Group Holdings GP, LLC is the privately held general partner of Oaktree Capital Group Holdings, LP (private), which in turn controls Oaktree Capital Group LLC. 
Olive Tree Ventures Israel Spiral GlassSettlement: BarkanBuilding Materials & FixturesConstruction & MaterialsGauzy is a private liquid crystal glass technology company. Gauzy uses certified partner companies to manufacture and distribute its products. One of these partners, Spiral Glass, is located in the Barkan industrial zone. Ibex Investors (formerly Lazarus Israel Opportunities Fund), Waarde Capital and Olive Tree Ventures are private equity firms with a stake in Gauzy. In October 2017, Avery Dennison (NYSE: AVY) made an investment of an undisclosed amount in Gauzy. Additionally, Avery Dennison's Hanita business division began collaborating with Gauzy on a window film product. 
One Software Technologies Ltd IsraelONEOne Software Technologies LtdSettlement: ArielComputer ServicesTechnologyOne Software Technologies Ltd, also known as One1 Systems, is a publicly traded IT services company. The company consulted, provided an assessment and sold HP Inc storage solutions to the municipal council in the Ariel settlement. One Software Technologies Ltd collaborates with HP Inc and other international technology companies. The company is over 50% owned by publicly traded Computer Direct Group (CMDR).Computer Direct Group
Palaqar for Real Estate Development and Management Ltd PalestinePALAQARPalaqar for Real Estate Development and Management LtdNon-Settlement: NablusReal Estate Holding & DevelopmentReal EstatePalaqar for Real Estate Development and Management Ltd (Palaqar) owns and manages a commercial center in Nablus. The complex rents space to health centers, cinemas, stores, restaurants and offices. Palaqar is a subsidiary of Palestine Real Estate Investment Co (PRICO), which is ultimately owned by Palestinian Development and Investment Co (PADICO).Palestinian Development and Investment Co (PADICO), Palestine Real Estate Investment Co (PRICO)
Palestine Electric Company Plc PalestinePECGaza Power Generating Plc (GPGC)Non-Settlement: Gaza CityConventional ElectricityUtilitiesA subsidiary of the Palestine Electric Company, the GPGC generates and distributes the majority of electricity in Gaza. Palestine Electric Company is controlled by Palestine Power Private Limited Company, a private entity. 
Palestine Industrial Investment Co PalestinePIICPalestine Industrial Investment CoNon-Settlement: NablusIndustrial & Office REITsReal EstatePalestine Industrial Investment Co (PIIC) is a major investor in the Palestinian industrial sector. PIIC was founded as a subsidiary of Palestinian Development and Investment Co (PADICO).Palestinian Development and Investment Co (PADICO)
Palestine Insurance Co PalestinePICOPalestine Insurance CoNon-Settlement: Beitunia, Bethlehem, Deir Dibwan, Gaza City, Hebron, Jenin, Jericho, Nablus, Qalqilya, Ramallah, Salfit, Tubas, TulkarmFull Line InsuranceInsurancePalestine Insurance Co provides insurance through its offices throughout Palestine. 
Palestine Investment and Development Co PalestinePIDPalestine Investment and Development CoNon-Settlement: RamallahReal Estate Holding & DevelopmentReal EstatePalestine Investment and Development Co is a real estate developer with projects throughout Palestine. Massar International, a holdings company, lists Palestine Investment and Development Co as a subsidiary. 
Palestine Investment Bank PalestinePIBCPalestine Investment BankNon-Settlement: Al-Bireh, Beit Sahour, Beitunia, Bethlehem, Gaza City, Hebron, Howwarah, Jenin, Jericho, Nablus, RamallahDiversified REITsReal EstatePalestine Investment Bank provides banking and investment services across Palestine. 
Palestine Islamic Bank PalestineISBKPalestine Islamic BankNon-Settlement: Gaza City, RamallahBanksBanksPalestine Islamic Bank serves customers throughout Palestine. Through its investment management arm ASWAQ Company for Investment Portfolios, Palestine Investment Fund owns a noncontrolling stake in Palestine Islamic Bank. Palestine Islamic Bank owns shares in two related companies including Al-Takaful Insurance Company (26%) and Palestine Ijarah Company. 
Palestine Islamic Bank PalestineISBKPalestine Ijara CompanyNon-Settlement: RamallahBanksBanksPalestine Ijara Company was founded in partnership with the Palestine Investment Fund (private) and the Palestine Islamic Bank. Palestine Ijara Company offers Islamic leasing products to small and medium business throughout Palestine. 
Palestine Plastic Industries Co Ltd PalestineLADAENPalestine Plastic Industries Co LtdNon-Settlement: NablusCommodity ChemicalsChemicalsPalestine Plastic Industries Co Ltd manufactures polyethylene pipes and plumbing materials in Nablus.Palestinian Development and Investment Co (PADICO), Palestine Industrial Investment Company
Palestine Poultry Co PalestineAZIZAPalestine Poultry CoNon-Settlement: Jenin, Jericho, Nablus, Qalqilya, Ramallah, TulkarmFood ProductsFood & BeveragePalestine Poultry Co has poultry farms and processing factories across the West Bank.Palestinian Development and Investment Co (PADICO), Palestine Industrial Investment Company
Palestine Real Estate Investment Co PalestinePRICOPalestine Industrial Estate Development & Management Pvt Ltd Co (PIEDCO)Non-Settlement: Gaza CityInvestment ServicesFinancial ServicesPIEDCO provides services to businesses interested in operating in the Gaza Industrial zone from its location in Gaza City. PIEDCO is a subsidiary of PRICO.Palestinian Development and Investment Co (PADICO)
Palestine Real Estate Investment Co PalestinePRICOPalestine Real Estate Investment CoNon-Settlement: Gaza City, Jericho, RamallahInvestment ServicesFinancial ServicesPRICO is a developer on Jericho's Palestinian Agro-Industrial Project. The project is aimed at developing sustainable Palestinian industry and agriculture. PRICO has office locations in Gaza City and Jericho and its headquarters are located in Ramallah.Palestinian Development and Investment Co (PADICO)
Palestine Securities Exchange PalestinePSEPalestine Securities ExchangeNon-Settlement: NablusSpecialty FinanceFinancial ServicesHeadquartered in Nablus, Palestine Securities Exchange is the marketplace for Palestinian stocks and bonds.Palestinian Development and Investment Co (PADICO)
Palestinian Development and Investment Co (PADICO) PalestinePADICOPADICONon-Settlement: Gaza City, Nablus, RamallahDiversified REITsReal EstatePADICO is a major investor in the Palestinian economy and developer of real estate, tourism, and infrastructure projects. In addition to publicly traded stock, PADICO has issued corporate bonds. Siraj Fund Management Company, a private equity firm which operates as a subsidiary of Massar International, invests in PADICO. 
Palestinian Development and Investment Co (PADICO) PalestinePADICOJericho Gate for Real Estate InvestmentNon-Settlement: JerichoReal Estate Holding & DevelopmentReal EstateJericho Gate for Real Estate Investment is a real estate holding company that owns 3,000 dunums of land at Nabi Musa at the southern entrance of Jericho. The company intends to develop the land with a focus on entertainment and tourism. 
Palestinian Development and Investment Co (PADICO) PalestinePADICONakheel Palestine for Agricultural InvestmentNon-Settlement: JerichoFarming & FishingFood & BeverageNakheel Palestine for Agricultural Investment is an agricultural holding company which owns and operates six date farms in the Jericho area. It was formed to develop the Medjool date production industry in Palestine and to produce dates for market. It owns the Jericho Dates and Moon City brands. 
Palestinian Development and Investment Co (PADICO) PalestinePADICOJerusalem Development & Investment Co. (JEDICO)Non-Settlement: RamallahTravel & TourismTravel & LeisureJEDICO is PADICO's investment arm focused on the tourism sector. JEDICO's investments include five companies, including: Jerusalem Tourism Investment Co. (JIT), Palestine Tourism Investment Company (PTIC), Al-Mashtal Tourism Investment Co. Ltd., the Arab Hotels Company (AHC) and First Specialized Entertainment Company. 
Palestinian Distribution & Logistics Services PalestineWASSELPalestinian Distribution & Logistics ServicesNon-Settlement: East Jerusalem, Hebron, Nablus, RamallahDelivery ServicesIndustrial Goods & ServicesPalestinian Distribution & Logistics Services provides delivery and product distribution services across Palestine. Siraj Fund Management Company, a private equity firm which operates as a subsidiary of Massar International, invests in Palestinian Distribution & Logistics Services. 
Paltel Group PalestinePALTELHadara Technology Investment Company (Hadara)Non-Settlement: Gaza City, RamallahInternetTechnologyHadara is a leading provider for Internet in Gaza and the West Bank.Palestinian Development and Investment Co (PADICO)
Paltel Group PalestinePALTELPalestine Cellular Communications Company (Jawwal)Non-Settlement: Gaza City, RamallahMobile TelecomsTelecomsJawwal is the leading cellular phone service provider in Gaza and the West Bank.Palestinian Development and Investment Co (PADICO)
Paltel Group PalestinePALTELPalestine Telecommunications Company (Paltel)Non-Settlement: Gaza City, RamallahFixed Line TelecomsTelecomsPaltel is a leading provider of fixed-line telecommunications services in Gaza and the West Bank.Palestinian Development and Investment Co (PADICO)
Partner Communications Co Ltd IsraelPTNRPartner Communications Co LtdSettlement: ArielMobile TelecomsTelecomsPartner Communications Co Ltd is a major Israeli cellular provider which has a service center in Ariel and has installed communications equipment on Palestinian land. Partner Communications no longer operates under Orange SA and now uses "Partner" as its Brand name. Saban Capital Group, a private equity firm, owns a stake in Partner Communications Co Ltd. 
PayPal Holdings Inc United StatesPYPLPayPal Holdings IncSettlement: Alfei MenasheConsumer FinanceFinancial ServicesPayPal Holdings Inc (PayPal) offers its service platform to Jewish settlers living in Israeli settlements in the West Bank. However, PayPal does not offer its services to Palestinians in Gaza and the West Bank. In July 2015, PayPal was spun off as a publicly traded company from its former parent company, eBay Inc. 
Paz Oil Co Ltd IsraelPZOLPaz Oil Co LtdNon-Settlement: Al-Eizariya, Beit Hanina, East JerusalemIntegrated Oil & GasOil & GasPaz Oil Co Ltd gas service stations are located in settlements across the West Bank. Paz has three gas service stations located in non-settlement areas in the West Bank. 
Paz Oil Co Ltd IsraelPZOLPaz Oil Co LtdSettlement: Argaman, Beit El, Gilo, Karnei Shomron, Kiryat Arba, Ma'ale Adumim, Ma'ale Adumim, Neve Ya'akov, Ofra, Pisgat Ze'ev, Ramat EshkolIntegrated Oil & GasOil & GasPaz Oil Co Ltd gas service stations are located in settlements across the West Bank. Paz has three gas service stations located in non-settlement areas in the West Bank. 
Pegasus Capital Advisors United States T&M IsraelSettlement: East JerusalemDefenseIndustrial Goods & ServicesT&M Protection Resources is a private security and facility maintenance company from the United States with a subsidiary in Israel. T&M Israel has security contracts with Israeli checkpoints in the West Bank, as well as with Hebrew University at Mount Scopus and within the Old City, both located in East Jerusalem. Pegasus Capital Advisors, a private equity firm, has a stake in T&M Protection Resources via its Fund IV 2007. 
PepsiCo Inc United StatesPEPWimm Bill Dann OJSCClosed: YaltaRetail DistributorFood & BeveragePepsiCo confirmed that it has no direct operations in Crimea. The Wimm Bill Dann distribution center in Yalta is non-operational. However, Wimm Bill Dann, wholly owned by PepsiCo, continues to export agricultural products such as milk and juice to Crimea from Russia, permitted under US General license #4, EAR99. 
Peugeot SA FranceUGAutozone Automobile Trading Co LtdNon-Settlement: RamallahSpecialty RetailersRetailAutozone Automobile Trading Co Ltd (Autozone) is an official Peugeot dealership and service center in Ramallah. 
Phiolent JSC Russian Federation Phiolent FactoryAnnexed: SimferopolElectronic EquipmentIndustrial Goods & ServicesPrior to March 2014, the Phiolent Factory was majority owned by the Ukrainian Property Fund, and Delaware-based Benefit Electrotechnics LLC was a significant minority shareholder. The company was annexed following the Russian occupation. 
Phoenix Holdings Ltd/The IsraelPHOERamot MallSettlement: Ramot (East Jerusalem)Broadline RetailersRetailThe Phoenix Holdings Ltd owns and manages 80% of the Ramot Mall, which is in Ramot.Delek Group Ltd
PUMA SE GermanyPUMPuma outletOpen: SimferopolApparel RetailersRetailThere is a PUMA-brand outlet store in Simferopol. Artemis SE, privately held, has a noncontrolling interest in Puma.Kering
Quds Bank PalestineQUDSQuds BankNon-Settlement: Al-Bireh, Bethlehem, East Jerusalem, Gaza City, Hebron, Jenin, Jericho, Khan Yunis, Nablus, Qalqilya, Ramallah, Salfit, Tubas, TulkarmBanksBanksQuds Bank provides banking services through its offices across Palestine. 
Ramallah Summer Resorts PSC PalestineRSRRamallah Summer Resorts PSCNon-Settlement: East Jerusalem, RamallahHotelsTravel & LeisureRamallah Summer Resorts PSC owns hotels and resorts in Ramallah and East Jerusalem. 
Rami Levy Chain Stores Hashikma Marketing 2006 Ltd IsraelRMLIRami Levy Chain Stores Hashikma Marketing 2006 LtdSettlement: Ariel, Beitar Illit, Geva Binyamin (Adam), Gush Etzion Junction, Ma'ale AdumimFood Retailers & WholesalersRetailOne of Israel’s largest supermarket chains, Rami Levy Chain Stores Hashikma Marketing 2006 Ltd has stores in a number of Israeli settlements. 
RE/MAX Holdings Inc United StatesRMAXRE/Max Israel Settlement: Ariel, Beitar Illit, East Jerusalem, Ma'ale AdumimReal Estate ServicesReal EstateThrough its local representatives, RE/MAX sells housing in West Bank Settlements. 
Renault SA FranceRNOAvtolider-MOpen: SimferopolSpecialty RetailersRetailAvtolider-M is the official Renault dealership in Simferopol. In addition, the Nissan-Renault Alliance has a majority stake in AvtoVAZ PAO, which has a dealership in Crimea. Renault is 15% owned by the French government. 
Resort Nizhnyaya Oreanda Russian Federation Resort Nizhnyaya OreandaAnnexed: YaltaHotelsTravel & LeisureResort Nizhnyaya Oreanda is a health resort and spa in Yalta. Resort Nizhnyaya Oreanda was annexed by the Crimean authorities and became subject to US sanctions in December 2015. 
Roche Holding Ltd SwitzerlandROGRoche Pharmaceuticals Ltd PalestineNon-Settlement: RamallahPharmaceuticalsHealth CareRoche Pharmaceuticals Ltd Palestine is a marketing services company which offers pharmaceutical products and has a location in Ramallah. According to the company, Roche Pharmaceuticals Ltd Palestine is owned by F. Hoffmann-La Roche Ltd and Roche Finance Ltd, both located in Basel, Switzerland. Roche Pharmaceuticals Ltd Palestine is ultimately owned by Roche Holding Ltd. 
Rosseti PJSC Russian FederationRSTIPOAO Mobile Gas Turbine Power Plants Crimea (Mobile GTES Crimea)Open: Denisovka, Saki, YevpatoriyaConventional ElectricityUtilitiesIn order to increase access to electricity, Mobile GTES installed and operates three mobile sub-stations that run on gas and diesel fuel. Rosimushchestvo (Russian Federation) is the ultimate parent company of Rosseti PJSC. 
Rosseti PJSC Russian FederationRSTIPKubanenergo PJSCOpen: Sevastopol, SimferopolConventional ElectricityUtilitiesKubanenergo PJSC services the electric grid in and around Sevastopol. Rosimushchestvo (Russian Federation) is the ultimate parent company of Rosseti PJSC. 
Royal Caribbean Cruises Ltd LiberiaRCLAzamara Club Cruises IncClosed: Sevastopol, YaltaRecreational ServicesTravel & LeisureAccording to published schedules, Royal Caribbean Cruises Ltd's Azamara Club Cruises Inc planned ports of call to Sevastopol and Yalta on 2015 cruises. However, the company confirms that Azamara Club Cruises Inc will not be visiting these ports. 
Russian National Commercial Bank PJSC Russian Federation Russian National Commercial BankAnnexed: Alupka, Alushta, Armyansk, Bahchisaray, Bilohirsk, Chernomorskoye, Dzhankoy, Feodosia, Kerch, Koktebel, Krasnogvardiyskyi, Krasnoperekopsk, Nizhnegorskiy, Razdolne, Saki, Sevastopol, Simferopol, Sudak, Yalta, YevpatoriyaBanksBanksRussian National Commercial Bank (RNCB), a Russian bank, was the beneficiary of the annexation of PrivatBank's Crimean assets. Prior to the Russian occupation, PrivatBank had 337 branches throughout Crimea. All PrivatBank assets were seized by Crimean authorities in 2014 and redistributed between GenBank JSC and RNCB. RNCB has 130 branch locations throughout Crimea. The Russian Federation, represented by the Federal Agency for State Property Management (Rosimushchestvo), owns a 100% stake in RNCB. In March 2015, the US added RNCB to its sanctions list. 
RWM Capital Russian Federation Russian Railways Trading Company JSC (RZD)Open: KerchTransportation ServicesIndustrial Goods & ServicesRZD is a private supplier of goods and services related to the railway industry. In April 2014, RZD was instructed by the Russian government to connect railways on the Crimean peninsula directly to Russian railway lines via the Kerch Strait project which is due to be completed by 2018. RZD evaluated the Crimean railway system in October 2014. RWM Capital, a private equity firm, invests in RZD. 
S. Shlomo Holdings Ltd IsraelSHLD.B12Sixt ShlomoSettlement: MenoraProperty & Casualty InsuranceInsuranceS. Shlomo Holdings Ltd under its Sixt franchise license operates a car rental agency in Shilat, Israel, near Menora (Kfar HaOranim). The company provides rental car services, including insurance packages, to settlements in the regional settlement council of Mateh Binyamin. 
S7 Airlines Russian Federation Globus AirlinesOpen: SimferopolAirlinesTravel & LeisureS7 Airline's subsidiary Globus Airlines has regularly scheduled flights to and from Simferopol. In April 2017, Rosaviatsia, Russia’s Federal Air Transport Agency, offered subsidies to seven Russian airlines including S7 Airlines to fly government-approved routes which include Simferopol, Crimea. S7 Airlines has outstanding corporate bonds. 
Saban Capital Group United States Partner Communications Co LtdSettlement: ArielMobile TelecomsTelecomsPartner Communications Co Ltd is a publicly traded major Israeli cellular provider which has a service center in Ariel and has installed communications equipment on Palestinian land. Partner Communications no longer operates under Orange SA and now uses "Partner" as its Brand name. Saban Capital Group, a private equity firm, owns a stake in Partner Communications Co Ltd. 
Sadara Ventures Palestine FreightosNon-Settlement: RamallahComputer ServicesIndustrial Goods & ServicesFreightos is a business-to-business logistics service provider. It has an office in Ramallah. It is listed as a portfolio company of private equity investor Sadara Ventures. Freightos is part of Sadara Venture’s first private equity fund. The fund is established as a partnership between Palestinian-American Saed Nashef and Israeli-American Yadin Kaufmann. 
Sadara Ventures Palestine PinchPoint IncNon-Settlement: RamallahToysPersonal & Household GoodsPinchPoint Inc is a video game developer located in Ramallah. It is listed as a portfolio company of private equity investor Sadara Ventures. PinchPoint Inc is part of Sadara Venture’s first private equity fund. 
Sadara Ventures Palestine Sadara VenturesNon-Settlement: RamallahEquity Investment InstrumentsFinancial ServicesSadara Ventures is a venture capital fund targeting the Palestinian tech sector. It is headquartered in Ramallah. Sadara Ventures raised its first private equity fund in March 2017. 
Sadara Ventures Palestine SocialDiceNon-Settlement: RamallahComputer ServicesTechnologySocialDice provides recruitment marketing and talent acquisition software for businesses in the Middle East and North Africa from its office in Ramallah. SocialDice is listed as a portfolio company of private equity investor Sadara Ventures. SocialDice is part of Sadara Venture’s first private equity fund. 
Sadara Ventures Palestine SoukTel Digital SolutionsNon-Settlement: RamallahComputer ServicesTechnologySoukTel Digital Solutions (SoukTel) provides software as a service solutions to businesses and aid agencies in Palestine, among other locations. It is based in the United States and has an office in Ramallah. SoukTel is listed as a portfolio company of private equity investor Sadara Ventures. SoukTel is part of Sadara Venture’s first private equity fund. 
Sadara Ventures Palestine WebtebNon-Settlement: RamallahHealth Care ProvidersHealth CareWebteb provides health and wellness information in Arabic. The original content is legally licensed, including licenses from the Harvard Medical School and the Mayo Clinic. Sadara Ventures and Siraj Fund Management Company, both private equity firms, invest in Webteb. 
Sadara Ventures Palestine Yamsafer IncNon-Settlement: RamallahComputer ServicesTechnologyYamsafer Inc is an online hotel booking site that processes payments for reservations in Palestinian hotels. Yamsafer Inc targets travelers from the Middle East and North Africa region and offers hotel booking services in Arabic. Yamsafer Inc has an office in Ramallah and is listed as a portfolio company of the private equity investor Sadara Ventures. Yamsafer is part of Sadara Venture’s first private equity fund. 
Salomon A. Angel Ltd Israel ANGLAngel BakeriesSettlement: Modi'in Illit, Pisgat Ze'ev, Ramat ShlomoFood ProductsFood & BeverageAccording to its website, Angel Bakeries has a number of shops in West Bank settlements. In correspondence with our researchers, the company questioned the veracity of this information. Stybel Group, a privately held wheat milling company, has a noncontrolling stake in Salomon A. Angel Ltd. 
Sanad Construction Industries Company PalestineSANADSanad Construction Industries CompanyNon-Settlement: Gaza City, Hebron, RamallahBuilding Materials & FixturesConstruction & MaterialsSanad Construction Industries Company (Sanad) is based in Ramallah and owns cement storage warehouses in Hebron, Jericho and Tulkarm. Sanad is a publicly traded subsidiary of the Palestine Investment Fund (private). 
Sanad Construction Industries Company PalestineSANADJericho Company for Filling & Packing CementNon-Settlement: JerichoBuilding Materials & FixturesConstruction & MaterialsEstablished in 2014 and owned by Sanad, the Jericho Company for Filling & Packing Cement fills and packs cement from its facility in Jericho. Sanad is a publicly traded subsidiary of the Palestine Investment Fund (private). 
Sevastopol Sea Factory Russian Federation Sevastopol Sea FactoryAnnexed: SevastopolTransportation ServicesIndustrial Goods & ServicesPreviously owned by Ukrainian President Petro Poroshenko's Ukrprominvest, the Sevastopol Sea Factory was annexed in March 2015. The factory repairs commercial and military ships. 
Sevastopol Telecom SUE (SevTelecom) Russian Federation Sevastopol Telecom SUE (SevTelecom)Annexed: SevastopolFixed Line TelecomsTelecomsIn February 2015, Vega Telecommunications Group (a subsidiary of System Capital Management) lost control of its operating platforms and equipment in Crimea, following their annexation by the Crimean State Council. Vega also lost access to its telecommunications infrastructure and operational control of technical equipment in Sevastopol, after the company's land was confiscated. The Sevastopol assets were transferred to Sevastopol Telecom SUE (SevTelecom). Former Vega customers in Simferopol, Yalta and Yevpatoriya were instructed by KrymTelekom SUE (KrymTelekom) to contact KrymTelekom service centers in order to maintain internet access. Both SevTelecom and KrymTelekom launched telecommunication services in Crimea in February 2016. 
Severstal PJSC Russian FederationCHMF-SVSTSeverstal AviaOpen: SimferopolAirlinesTravel & LeisureOwned by Severstal PJSC, Severstal Avia provides scheduled and charter flights to Simferopol. 
Shanghai Construction Group China600170Shanghai Foundation Engineering Group Co LtdOpen: KerchHeavy ConstructionConstruction & MaterialsShanghai Foundation Engineering Group Co Ltd provides construction services for cable-stayed bridges. In 2015, Shanghai Foundation Engineering Group Co Ltd, a subsidiary of Shanghai Construction Group, laid cables across the Kerch Strait for an ‘energy bridge’ to connect the Crimean peninsula to Russia’s energy grid. The Chinese government holds a controlling stake in Shanghai Construction Group. 
Shanghai La Chappelle Fashion Co., Ltd China6116Naf-Naf StoreClosed: SimferopolClothing RetailThe Naf-Naf brand store was closed in Simferopol's Meganom mall in reaction to international sanctions imposed on Crimea. Naf-Naf was a brand under the French Vivarte SAS (there was a strategic buy-out of Vivarte by four major investment funds: Oaktree (Public), Goldentree (Private), Barings (formerly Babson; Private), and Alcentra (Public). In April 2018, Vivarte sold Naf Naf to Shanghai La Chappelle Fashion Co., Ltd. 
Shapir Engineering and Industry Ltd Israel SPEN Shapir Engineering and Industry LtdSettlement: Atarot, Gilo, Nili, Pisgat Ze'evBuilding Materials & FixturesConstruction & MaterialsShapir has a cement factory in Atarot Industrial Zone, and a quarry in Nili. The company completed works on Road 50, north of Jerusalem, and on two bridges in East Jerusalem, one in Ramot and one in Pisgat Ze'ev. 
Shikun & Binui Ltd IsraelSKBNSolel Boneh Infrastructures LtdSettlement: Modi'in IllitBuilding Materials & FixturesConstruction & MaterialsSolel Boneh Infrastructures Ltd, a subsidiary of Shikun & Binui Ltd, manufactures cement in Modi'in Illit. Privately held Arison Holdings is the majority shareholder of Shikun & Binui Ltd. 
Shufersal Ltd IsraelSAEYesh HesedSettlement: Beitar Illit, Modi'in Illit, Ramat Eshkol, Ramat Shlomo, Ramot (East Jerusalem)Food Retailers & WholesalersRetailShufersal Ltd has Yesh Hesed stores in various Israeli settlements in the West Bank. Discount Investment Corporation Ltd (DIC) holds a majority stake in Shufersal Ltd. DIC is a publicly traded subsidiary of IDB Development Corporation Ltd aka IDB Group. IDB Development Corporation Ltd's corporate bonds are listed on the Tel Aviv Stock Exchange.Discount Investment Corporation Ltd, IDB Development Corporation Ltd
Shufersal Ltd IsraelSAEShufersal DealSettlement: Gilo, Ma'ale Adumim, Pisgat Ze'evFood Retailers & WholesalersRetailShufersal Ltd has Shufersal Deal stores in Ma’ale Adumim, Gilo and Pisgat Ze’ev. Discount Investment Corporation Ltd (DIC) holds a majority stake in Shufersal Ltd. DIC is a publicly traded subsidiary of IDB Development Corporation Ltd aka IDB Group. IDB Development Corporation Ltd's corporate bonds are listed on the Tel Aviv Stock Exchange.Discount Investment Corporation Ltd, IDB Development Corporation Ltd
Siemens AG GermanySIEInterautomatika ZAOOpen: Sevastopol, SimferopolConventional ElectricityUtilitiesSiemens was contracted to provide four power generating steam gas turbines (235 megawatts each) to Russian state-owned company Technopromexport for a new power plant project on Russia’s Taman peninsula. Early reports indicated that post-delivery, the turbines would possibly be moved from Taman to two separate power stations in Crimea, one in Sevastopol and one in Simferopol. The Sevastopol and Simferopol power stations have been specifically built to house the Siemens generators according to anonymous sources working on the projects. Siemens has publicly denied that it is supplying generators to Crimea. Siemens joint venture subsidiary, Gas Turbine Technologies LLC, built and delivered the turbines to Taman in March 2017. In July 2017, reports confirmed the delivery of four SGT5-2000E gas turbines to the Sevastopol power plant. Reports indicate that Siemens joint venture Interautomatika ZAO, which offers products and services for power-plant instrumentation and control systems, was involved in the installation and commissioning of the Siemens turbines at the Crimean power plants. Siemens has acknowledged the transfer of the gas turbines from Taman to Crimea, and has publicly announced the divestment of its 45.7% stake in Interautomatika ZAO due to the firm’s involvement in Crimea. Siemens has also committed to: initiating the termination process of a license agreement with Russian companies in the area of equipment supply for combined-cycle power stations; halting power generation equipment deliveries from existing contracts to state-controlled customers in Russia for the time being and implementing an additional controls regime; and immediately exchanging or holding in abeyance the office of the two employees representing Siemens on Interautomatika ZAO's supervisory board until the matter is fully investigated. 
Silvano Fashion Group AS EstoniaFQEMilavitsaOpen: Sevastopol, Simferopol, YevpatoriyaApparel RetailersRetailThere are three Milavitsa-brand stores in Crimea: one in Sevastopol, one in Simferopol and one in Yevpatoriya. 
Simferopol Wine and Brandy Factory Russian Federation Simferopol Wine and Brandy FactoryAnnexed: BahchisarayDistillers & VintnersFood & BeverageThe factory was annexed following the Russian occupation of Crimea. It remains idle because it has not received the Russian license necessary to produce alcoholic beverages. The previous ownership transferred some assets to Dnepropetrovsk, Ukraine, prior to handing over the property. 
Siniora Food Industries Co PalestineSNRASiniora Food Industries CoNon-Settlement: East JerusalemFood ProductsFood & BeverageSiniora Food Industries Co has a meat packing plant in East Jerusalem. Its products are sold in Palestine, Jordan and other Middle Eastern countries. The Arab Palestinian Investment Co owns a majority stake in Siniora Food Industries Co. Additionally, Foursan Partners, a private equity firm, and Aram Financial Investment Co (private) each own a stake in Siniora Food Industries Co.Arab Palestinian Investment Company Ltd (APIC)
Siraj Fund Management Company Palestine Ziadah Consultant Architects & EngineersNon-Settlement: Al-Bireh, RawabiHeavy ConstructionConstruction & MaterialsZiadah Consultant Architects & Engineers is a civil engineering and architectural design firm. It is the primary designer and supervisor of the Rawabi City project, the first planned Palestinian city. Siraj Fund Management Company, a private equity firm which operates as a subsidiary of Massar International, invests in Ziadah Consultant Architects & Engineers via Siraj Palestine Fund I. Siraj Palestine Fund II is expected to close in 2018. 
Siraj Fund Management Company Palestine PalGazNon-Settlement: Hebron, Nablus, Ramallah, RawabiIntegrated Oil & GasOil & GasPalGaz distributes liquefied petroleum gas in Palestine. Siraj Fund Management Company, a private equity firm which operates as a subsidiary of Massar International, invests in PalGaz via Siraj Palestine Fund I. Siraj Palestine Fund II is expected to close in 2018. 
Siraj Fund Management Company Palestine HD VisionNon-Settlement: RamallahMedia AgenciesMediaHD Vision is a media production company operating in Ramallah. Siraj Fund Management Company, a private equity firm which operates as a subsidiary of Massar International, invests in HD Vision. Siraj Palestine Fund II is expected to close in 2018. 
Siraj Fund Management Company Palestine Siraj Fund Management CompanyNon-Settlement: RamallahEquity Investment InstrumentsFinancial ServicesSiraj Fund Management Company is a private equity firm founded by private investment company Massar International to manage investment funds in Palestine. Operating as a subsidiary of Massar International, Siraj Fund Management Company holds stakes in Palestinian companies in a range of sectors through its private equity funds. Siraj Fund Management Company is headquartered in Ramallah. Siraj Palestine Fund II is expected to close in 2018. 
Sixt SE GermanySIX2Sixt Shlomo Settlement: MenoraProperty & Casualty InsuranceInsuranceSixt SE has a licensed franchise in Shilat, Israel, near Menora (Kfar HaOranim). The company provides rental car services, including insurance packages, to settlements in the regional settlement council of Mateh Binyamin. Sixt SE is majority owned by Erich Sixt Vermögensverwaltung Gmbh, a privately held company. 
Skechers USA United StatesSKXSkechersOpen: SimferopolApparel RetailersRetailSkechers is a footwear retail store which has a location in the Meganom Mall complex in Simferopol. Skechers USA operates internationally through an international network of subsidiaries. 
Southern Project LLC Russian Federation Novy Svet WineryAnnexed: SudakDistillers & VintnersFood & BeverageNovy Svet was annexed in 2014. In April 2017, Crimean authorities announced that Novy Svet would be reincorporated as a private company and put up for sale. In December 2017, Southern Project LLC, a private investment company linked to Russian oligarch Yuri Kovalchuk, bought Novy Svet at auction for 1.5b rubles (U.S. $30m). Novy Svet is the oldest winery in Crimea and the first to experience the annexation and resale model, which is reportedly being considered for other Crimean wineries. 
Sovfracht OJSC Russian FederationSVFRKoksokhimtrans LLCOpen: KerchTransportation ServicesIndustrial Goods & ServicesKoksokhimtrans LLC operates and manages two vessels which serve as ferries between Crimea and Russia. Sovfracht OJSC, the publicly traded parent company of Koksokhimtrans LLC, is the flagship company of the Sovfracht-Sovmortrans Group. In September 2016 Sovfracht-Sovmortrans Group became subject to US sanctions. 
Sovfracht OJSC Russian FederationSVFRSovmortrans-CrimeaOpen: Kerch, SimferopolTransportation ServicesIndustrial Goods & ServicesSovmortrans-Crimea (aka SMT-K) is the operator of a ferry line between Port of Kerch, Crimea and Kavkaz, Russia. SMT-K is registered in Crimea and has offices in Kerch and Simferopol. Sovfracht OJSC, the publicly traded parent company of Sovmortrans-Crimea, is the flagship company of the Sovfracht-Sovmortrans Group. In September 2016 Sovfracht-Sovmortrans Group became subject to US sanctions. 
Sovhoz-Vesna OAO Russian FederationSZVSSovhoz-Vesna OAOOpen: NizhnegorskiyFarming & FishingFood & BeverageSovhoz-Vesna OAO also known as JSC State Farm-Spring produces agricultural and botanical goods. It has a location in Nizhnegorskiy. 
State Enterprise Universal-Avia Russian Federation State Enterprise Universal-AviaAnnexed: SimferopolTransportation ServicesIndustrial Goods & ServicesUniversal-Avia also known as Crimean State Aviation Enterprise Universal-Avia is a state enterprise engaged in air transportation that was annexed by the Crimean authorities following the occupation. It operates from the Simferopol airport. As of December 2015, Universal-Avia became subject to US sanctions. 
StroiSektor Ltd Russian Federation Yalta Film StudioAnnexed: YaltaBroadcasting & EntertainmentMediaThe Russian StroiSektor Ltd owned 100% of the shares of Yalta Film Studio. In September 2014, the studio was annexed. StroiSektor challenged the annexation in Russian court but Yalta Film Studio remains held by the Crimean authorities. 
Sumitomo Corporation Japan8053EnfortaOpen: Dzhankoy, Feodosia, Kerch, Sevastopol, Simferopol, YevpatoriyaFixed Line TelecomsTelecomsEnforta is the brand name of broadband service provider Prestige Internet which began operating throughout Crimea following the occupation. In June 2016, ER-Telecom, one of the largest broadband providers in Russia, acquired 100% of Enforta through an equity swap. Following the equity swap, publicly traded Sumitomo Corporation and private equity firms Baring Vostok Capital Partners, Bessemer Venture Partners and the private equity arm of UFG Asset Management retain a stake in Enforta through their stake in ER-Telecom. Additionally, ER-Telecom has outstanding corporate bonds on the Moscow Stock Exchange. 
Tadiran Holdings Ltd IsraelTDRNTadiran Holdings LtdNon-Settlement: RawabiSpecialized Consumer ServicesRetailTadiran Holdings Ltd manufactures and installs air conditioning systems. The company will provide the central air conditioning units for each apartment in the first planned Palestinian town, Rawabi. The project will include approximately 4,500 apartments, each with a forced water circulation system with a gas back-up system. The company is majority owned by Moshe Mamrod, a private individual. 
Tatneft OAO Russian FederationTATNZAO Firma KONTsOpen: SevastopolIntegrated Oil & GasOil & GasTatneft units control ZAO Firma KONTs which operated a fuel station in Sevastopol until at least September 2017. ZAO Firma KONTs is owned by Tatneft subsidiary Tatneft-AZS-Yug, which also supplied the fuel for sale at the Sevastopol facility. 
Tencent Holdings Ltd China700Riot Games IncClosed: SimferopolToysPersonal & Household GoodsTencent Holdings Ltd wholly owns the US gaming company Riot Games. Riot Games suspended all activities in Crimea due to US sanctions imposed in response to the Russian occupation.Naspers Ltd
Tene Investment Funds Israel Field ProduceSettlement: Naama, YafitFood ProductsFood & BeverageField Produce Ltd processes fruits, nuts and other vegetables at its facilities in Israeli settlements Yafit and Na'ama. Field Produce Ltd is 84% owned by Groundnuts & Cotton Marketing, which is 50% owned by Tnuva and 50% owned by Hamashbir Holdings. Tnuva is a subsidiary of Bright Dairy & Food Co Ltd. In addition, Israeli private equity firm Tene Investment Funds owns a stake in Field Produce Ltd via fund TENE III. 
Tene Investment Funds Israel ChromagenNon-Settlement: RawabiRenewable Energy EquipmentOil & GasChromagen manufactures and installs solar water heating systems. The company will provide the solar water heating systems for each apartment in the first planned Palestinian town, Rawabi. The project will include approximately 4,500 apartments, each with a forced water circulation system with a gas back-up system. Tene Investment Funds, a private equity firm, invests in Chromagen via fund TENE II. 
Thomas Cook Group Plc United KingdomTCGVAO Intourist JSCOpen: Alupka, Alushta, Feodosia, Koktebel, Novyi Svet, Sevastopol, Simferopol, Sudak, Vilino, Yalta, YevpatoriyaTravel & TourismTravel & LeisureVAO Intourist operates a number of tours in Crimea. Thomas Cook Group Plc owns 75% of VAO Intourist. 
Thomas Cook Group Plc United KingdomTCGThomas Cook ToursNon-Settlement: Bethlehem, East Jerusalem, JerichoTravel & TourismTravel & LeisureThomas Cook Group arranges trips to the Holy Land that include major locations in the West Bank. 
Tigbur Group IsraelTGBRReshef SecuritySettlement: Ma'ale AdumimDefenseIndustrial Goods & ServicesReshef Security provides private security services in the Israeli settlement Ma’ale Adumim. Reshef Security has a permit from the Israeli government to operate within the West Bank. A researcher on the ground in May 2017 identified Reshef Security guards posted at a school in Ma'ale Adumim. 
Titanium Investments LLC Russian Federation Crimean TitanOpen: ArmyanskSpecialty ChemicalsChemicalsFollowing the occupation, Crimean Titan, a factory that produces and supplies titanium dioxide to be used for titanium manufacturing, was re-registered as a Russian Federation entity to avoid annexation. Reports indicate that Crimean Titan is now an investment of Moscow-based private equity firm Titanium Investments LLC. Titanium Investments LLC was founded by Letan Investments Limited (Cyprus). The two companies share an executive, Alexander Ayvazov. Letan Investments Limited was founded by Group DF, Ukrainian oligarch Dmitry Firtash’s group of private international businesses. 
TransContainer PJSC Russian FederationTRCNTransContainer PJSCOpen: SimferopolTransportation ServicesIndustrial Goods & ServicesTransContainer PJSC is a logistics company that organizes cargo transportation and forwarding. TransContainer PJSC has a full-service sales office located in Simferopol. TransContainer PJSC is controlled by United Transportation Logistics Company which is in turn controlled by government-owned Russian Railways JSC. In addition, publicly traded Fesco Transportation Group owns a noncontrolling stake in TransContainer PJSC. RWM Capital, a private equity firm, invests in TransContainer PJSC.Fesco Transportation Group
TripAdvisor, Inc United StatesTRIPTripAdvisorSettlement: Gush Etzion JunctionTravel & TourismTravel & LeisureTripAdvisor is an online travel booking service that allows its clients to book tours in the West Bank, such as the Caliber-3-Run shooting range tour in Gush Etzion. 
Trust International Insurance Co PalestineTRUSTTrust International Insurance CoNon-Settlement: Bethlehem, Gaza City, Hebron, Jenin, Jericho, Nablus, Qalqilya, Salfit, TulkarmProperty & Casualty InsuranceInsuranceTrust International Insurance Co provides property insurance throughout its offices in Palestine. Privately held Nest Investments Holdings Ltd owns over 20% of Trust International Insurance Co. 
TUI AG GermanyTUIGo-TodayNon-Settlement: Bethlehem, East JerusalemTravel & TourismTravel & LeisureGo-Today, a brand of specialized travel company Travelopia, arranges tours to the Holy Land, including stops in East Jerusalem. Travelopia was formerly a member of the TUI AG Group. Travelopia was sold to investment firm KKR & Co LP (formerly Kohlberg Kravis Roberts & Co) in June 2017. KKR & Co LP is publicly traded on the New York stock exchange and invests across multiple asset classes, including private equity.KKR & Co LP
Turkcell Iletisim Hizmetleri AS (Turkcell) TurkeyTCELL-TKCAstelit LLCClosed: SimferopolMobile TelecomsTelecomsTurkcell owns a 100% stake in Euroasia Telecommunications Holding B.V. (Euroasia) based in the Netherlands, a Ukrainian cell-phone company which operates under the brand Astelit LLC. Astelit LLC suspended its mobile network in Crimea at the end of 2014. Turkcell acquired System Capital Management JSC's 45% share in Euroasia in July 2016, increasing Turkcell's ownership stake from 55% to 100%. Turkcell Holding AS (private) has a controlling stake in Turkcell Iletisim Hizmetleri AS. 
UFG Asset Management Russian Federation EnfortaOpen: Dzhankoy, Feodosia, Kerch, Sevastopol, Simferopol, YevpatoriyaFixed Line TelecomsTelecomsEnforta is the brand name of broadband service provider Prestige Internet which began operating throughout Crimea following the occupation. In June 2016, ER-Telecom, one of the largest broadband providers in Russia, acquired 100% of Enforta through an equity swap. Following the equity swap, publicly traded Sumitomo Corporation and private equity firms Baring Vostok Capital Partners, Bessemer Venture Partners and the private equity arm of UFG Asset Management retain a stake in Enforta through their stake in ER-Telecom. Additionally, ER-Telecom has outstanding corporate bonds on the Moscow Stock Exchange. 
UkrTelecom PJSC UkraineUTLMUkrTelecom PJSCClosed: SimferopolFixed Line TelecomsTelecomsPrior to the nationalization of its operations in February 2015, Ukrtelecom was the fixed-line telephone operator in Crimea. Its shares are traded on the Ukrainian Exchange, and System Capital Management JSC owns a 92.79% stake.System Capital Management JSC
Unilever United KingdomUN-UL-ULVRBen and Jerry'sSettlement: Ma'ale AdumimFood Retailers & WholesalersRetailBen and Jerry's, a subsidiary of Unilever, caters ice cream to Ma'ale Adumim. 
Union Bank of Israel (Igud Bank) IsraelUNONUnion Bank of Israel (Igud Bank)Settlement: ElkanaBanksBanksAccording to Human Rights Watch, Union Bank of Israel (Igud Bank) is a partner in a 50-unit housing project in the Israeli settlement Elkana. Union Bank of Israel has two significant shareholders: Shlomo Eliahu Holdings Ltd. (private holdings company) and Yeshayahu Landau (individual). 
Union Construction and Investment PalestineUCITABONon-Settlement: East JerusalemReal Estate Holding & DevelopmentReal EstateTABO, a project of Union Construction and Investment based in East Jerusalem, facilitates the purchase of residential-designated parceled title deed plots for Palestinians to purchase land in the West Bank. The land, which is offered as a part of future planned communities, is available for sale to Palestinians living in the West Bank and abroad. 
Union Construction and Investment PalestineUCIMENA Geothermal CompanyNon-Settlement: RamallahSpecialized Consumer ServicesRetailMENA Geothermal Company, a subsidiary of Union Construction and Investment, is a geothermal power engineering firm that installs commercial and multi-unit residential geothermal heating and cooling systems. The company has an office in Ramallah. 
Union Construction and Investment PalestineUCIUnion Construction and InvestmentNon-Settlement: RamallahHeavy Construction Construction & MaterialsUnion Construction and Investment is a major Palestinian construction company that carries out real estate development projects in Ramallah. 
United Aircraft Corp PJSC Russian FederationUNACYevpatoriya Aviation Repair FactoryAnnexed: YevpatoriyaDefenseIndustrial Goods & ServicesPrior to the occupation, the Yevpatoriya Aviation Repair Factory was state-owned and part of the Ukrainian military industrial complex. After the occupation, 13 Crimean-based companies were identified by the Russian government as requiring certification to be included in the Russian military industrial complex. The Aviation Repair Factory was subsequently integrated into the Russian United Aviation Construction Corporation (OAK). Although OAK is majority owned by the Russian Government, its shares are also traded on the Moscow Stock Exchange. 
Vegetable Oil Industries/The PalestineVOICVegetable Oil Industries/TheNon-Settlement: NablusFarming & FishingFood & BeverageThe Vegetable Oil Industries produces and processes Palestinian cooking oil.Palestinian Development and Investment Co (PADICO)
Villar International Ltd IsraelVILRZigler-Villar Ariel WestSettlement: ArielReal Estate Holding & DevelopmentReal EstateZigler-Vilar Ariel West holds and leases land and a structure in the Ariel West Industrial Zone. Zigler-Villar Ariel West is 50% owned by Villar International Ltd and 50% owned by Zigler Investments, a wholly owned subsidiary of Carmel Holdings (private). 
Villar International Ltd IsraelVILRThe Archivists Co LtdSettlement: BarkanBusiness Support ServicesIndustrial Goods & ServicesThe Archivists Co Ltd, a subsidiary of Villar International Ltd, provides individuals and companies with storage facilities in Barkan Industrial Zone. 
Visa Inc United StatesVVisa IncOpen: SimferopolConsumer FinanceFinancial ServicesIn December 2014 Visa Inc suspended its operations in Crimea, citing US sanctions. Subsequently, in accordance with new Russian legislation, Visa Inc transferred processing of Russia-based payments from off-shore to the Russian National System of Payment Cards (NSPK). News reports in April 2015 stated that Visa payment cards issued by Russian banks are once again working in Crimea, utilizing the NSPK. 
Vista Pharmaceuticals Ltd IndiaVSPVista PharmaciesOpen: Alupka, Feodosia, Krasnoperekopsk, Saki, Simferopol, YevpatoriyaDrug RetailersRetailListed on the Mumbai Stock Exchange, Vista Pharmaceuticals sells pharmaceuticals in Vista Pharmacies in Crimea. 
VIY Management Russian Federation French KissOpen: SimferopolFood ProductsFood & BeverageFrench Kiss is a private company that manufactures and distributes chocolate confectionaries. French Kiss has a location in Simferopol. VIY Management, a private equity firm, invests in French Kiss via VIY Growth Fund. 
Volkswagen AG GermanyVOW-VLKAYVolkswagen Service CentersNon-Settlement: Bethlehem, East Jerusalem, Gaza City, Hebron, Nablus, Ramallah, TulkarmAuto PartsAutomobiles & PartsVolkswagen has authorized service centers and showrooms in various Palestinian cities.Porsche Automobil Holding SE
Volkswagen AG GermanyVOW-VLKAYCrimea-Avtoholding OOOOpen: SimferopolSpecialty RetailersRetailCrimea-Avtoholding OOO is the official dealer of Volkswagen in Simferopol. Porsche Automobil Holding SE is the majority shareholder of Volkswagen AG and the German state of Lower Saxony owns a 20% stake.Porsche Automobil Holding SE
Volvo Group SwedenVOLV BVolvo Service CentersSettlement: Atarot, Ma'ale AdumimAuto PartsAutomobiles & PartsVolvo has authorized service centers, Mayer´s Cars & Trucks, in Atarot and the Mishor Adumim industrial zone near Ma'ale Adumim for vehicles used in the construction industry.Industrivärden AB
Waarde Capital Russian Federation Spiral GlassSettlement: BarkanBuilding Materials & FixturesConstruction & MaterialsGauzy is a private liquid crystal glass technology company. Gauzy uses certified partner companies to manufacture and distribute its products. One of these partners, Spiral Glass, is located in the Barkan industrial zone. Ibex Investors (formerly Lazarus Israel Opportunities Fund), Waarde Capital and Olive Tree Ventures are private equity firms with a stake in Gauzy. In October 2017, Avery Dennison (NYSE: AVY) made an investment of an undisclosed amount in Gauzy. Additionally, Avery Dennison's Hanita business division began collaborating with Gauzy on a window film product. 
Wataniya Palestine Mobile Telecommunications PSC PalestineWATANIYAWataniya Palestine Mobile Telecommunications PSCNon-Settlement: Gaza City, RamallahMobile TelecomsTelecomsWataniya Palestine Mobile Telecommunications PSC is a Palestinian provider of mobile phone services in Gaza and the West Bank. The company launched its 2G and 3G telecommunications services in the West Bank in 2009 and 2018, respectively. Wataniya Palestine Mobile Telecommunications PSC is a member of the Ooredoo Group. Wataynia Palestine Mobile Telecommunications PSC is owned by publicly traded Ooredoo, Wataniya International and privately held Palestine Investment Fund.Ooredoo
Western Union Co/The United StatesWUWestern Union Network France SASNon-Settlement: RamallahSpecialty FinanceFinancial ServicesWestern Union Network France SAS, a subsidiary of The Western Union Co, conducts business through money transfer agent locations offices in Ramallah. 
Wolverine World Wide Inc United StatesWWWKedsSettlement: Pisgat Ze'evApparel RetailersRetailWolverine World Wide Inc owns the brand name Keds, which has the store "Keds Kids" in the Pisgat Ze'ev Mall. 
Yum! Brands Inc United StatesYUMPizza HutNon-Settlement: Beit HaninaFood ProductsFood & BeveragePizza Hut is a Yum! brand. There is a Pizza Hut restaurant in the Palestinian city of Beit Hanina and in the Israeli settlement Ma'ale Adumim. 
Yum! Brands Inc United StatesYUMPizza HutSettlement: Ma'ale AdumimFood ProductsFood & BeveragePizza Hut is a Yum! brand. There is a Pizza Hut restaurant in the Palestinian city of Beit Hanina and in the Israeli settlement Ma'ale Adumim. 
Yum! Brands Inc United StatesYUMKentucky Fried Chicken Non-Settlement: Bethlehem, Hebron, Jenin, Nablus, Ramallah, TulkarmFood ProductsFood & BeverageKentucky Fried Chicken is a Yum! brand. There are Kentucky Fried Chicken restaurants in various Palestinian cities in the West Bank. 
Z.M.H. Hammerman Ltd IsraelZMHZ.M.H. Hammerman LtdSettlement: Alfei MenasheReal Estate Holding & DevelopmentReal EstateZ.M.H. Hammerman Ltd is developing residential housing in Alfei Menashe. 
Zaliv Shipbuilding Plant LLC Russian Federation Zaliv Shipbuilding Plant LLCAnnexed: KerchCommercial Vehicles & TrucksIndustrial Goods & ServicesIn August 2014, armed men seized the territory and facilities of Calexco S.a.r.l.'s Zaliv Shipyards. In November 2015, Zaliv Shipyards was reincorporated as Zaliv Shipbuilding Plant LLC. A report from April 2016 suggests that the Zaliv Shipyard was fulfilling construction contracts for two rescue ships and two oil tankers, with additional contracts in line. In September 2016, the US announced sanctions against Zaliv. 

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