Russia-Ukraine War Updates: Siemens To 'Exit' Russian Market as a Result of Ukraine War
"We condemn the invasion of Ukraine and stand with the international community in calling for peace," a tweet by Siemens read.
Amid the growing conflict between Russia and Ukraine, Siemens will exit the Russian market as a result of the Ukraine war. According to reports, the company has already started proceedings to wind down its industrial operations and all industrial business activities in Russia. "We condemn the invasion of Ukraine and stand with the international community in calling for peace," a tweet by Siemens read.
Check tweet:
BREAKING: Siemens to exit the Russian market as a result of the Ukraine war
— The Spectator Index (@spectatorindex) May 12, 2022
Check Siemens tweet:
We will exit Russia with an orderly ramp down of activities, focusing on supporting our employees. We condemn the invasion of Ukraine and stand with the international community in calling for peace.
— Siemens (@Siemens) May 12, 2022
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(The above story first appeared on LatestLY on May 12, 2022 01:16 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
