Acer and Komatsu are leaving Russia, but Bosch is not

Taiwanese computer and electronics company Acer is leaving Russia, according to company’s Twitter. “In the light of recent events, Acer has decided to suspend its operations in Russia,” the statement said. The company noted that it monitors the situation in Ukraine and provides assistance to several non-governmental institutions that help the Ukrainian side. Acer also expressed hope that peace in Ukraine would be restored as soon as possible. The company intends to donate €1 million in humanitarian aid to the victims of the Russian invasion.

Also, the Japanese manufacturer of heavy construction equipment Komatsu has suspended its production in Russia. This was reported by the company’s press service. It is noted that Komatsu is seriously concerned about the current situation in Ukraine and sincerely hopes that the situation will be resolved peacefully as soon as possible.

“Komatsu has decided to suspend our supplies to Russia amid confusion in its supply chain and uncertain financial and economic conditions. Komatsu has now suspended deliveries and production at its manufacturing subsidiary in Russia,” the statement said.

It is noted that as humanitarian aid to the victims of the Russian military actions in Ukraine, Komatsu is going to donate €1 million to the support organization. In addition, Komatsu plans to collect donations from its employees. By the way, in early March, Komatsu and Hitachi Construction Machinery have already stopped supplying all goods to Russia.

Instead, the German company Bosch has no plans to leave the Russian market. This was stated by the head of the company Stefan Hartung in an interview with Handelsblatt. “So far, important activities are being carried out to supply the normal population, which are not subject to sanctions. We do not want to stop it without legal grounds,” he said. He also stressed that Bosch supports sanctions. However, due to the imposition of sanctions the supply of goods to Russia is “largely” paralyzed. “Most of our business with Russian customers and in Russia is broken, this also applies to local production. We should also expect significant new work restrictions,” Hartung said.

It will be recalled that four global trade networks continue to operate in Russia. The Center for Combating Disinformation at the National Security and Defense Council of Ukraine has released a list of brands that continue to operate in Russia, thus sponsoring Putin’s aggression. These include the French company Leroy Merlin, Raiffeisen Bank, the French company Decathlon, which specializes in the retail sale of sporting goods, the international wholesale company Metro Cash & Carry GmbH (the official website states that the retailer helps Ukrainian defenders) and the French chain of supermarkets and hypermarkets Auchan (on the official website in Ukraine the company declares that it “works with Ukraine in the heart”).

You can also help Ukraine fight with Russian occupants via Savelife or via an official page of the National Bank of Ukraine.

Read also:

• Bloody business: more companies that still work in Russia
• Spotify to fully leave Russia on April 11