WeWork
LeaveRussia detail: Exit Completed
WeWork is an American commercial real estate company that provides flexible workspaces for startups and other companies.
Decision trail
Decision date 16/04/2024 · Reference ↗
Planning to divest Russian operations. Public statement condemning Russian invasion of Ukraine (estimated $10 million revenue for Russian operations in 2022). Continue operating in Russia with 4 locations in Moscow, increased revenue in 2022 vs 2021. The American coworking network WeWork has agreed to sell its business in Russia. Both companies went bankrupt several years ago. The deal with O1 Properties will include four sites in Moscow with a total area of about 18 thousand square meters. m. for 3 thousand jobs. The sale is being considered by a government commission. 04.2024: SPACE 1 LLC becomes the new founder of the organization. The entry about the founders of WEWORK COMPANIES (INTERNATIONAL) B.V. and WEWORK COMPANIES PARTNER (INTERNATIONAL) B.V. has been removed from the Unified State Register of Legal Entities.
Local stats (LeaveRussia)
Status history since 2022
- 03/08/2026 — exited · Imported from KSE LeaveRussia
Exposure profile
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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.
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