EE Impact

WeWork

USA · Hospitality & Real Estate

LeaveRussia detail: Exit Completed

Exited Russia

WeWork is an American commercial real estate company that provides flexible workspaces for startups and other companies.

Status last verified 03/08/2026Source checked 01/05/2024Company website ↗LeaveRussia profile ↗

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)

Assets(RF), mln.USD
83
Capital(RF), mln.USD
10
Glob.Revenue, mln.USD
3245
Revenue(RF), mln.USD
19
Staff(RF), 2021
23
Hotels
4

Status history since 2022

  1. 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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