Ericsson stops its business in Russia
By: Myroslav Trinko | 11.04.2022, 13:26
After Acer, Ericsson also decided to stop its business in Russia. The manufacturer announced this in the financial report for the first quarter of 2022.
“In light of recent events and European Union sanctions, the company will now indefinitely suspend its activities with clients in Russia. Ericsson is in discussions with customers and partners to suspend the affected business indefinitely. The priority is to ensure the safety and well-being of Ericsson employees in Russia, and they will be placed on paid leave,” the company said in a statement.
If you suddenly did not know
Ericsson is a Swedish company headquartered in Stockholm. It was founded in 1876 and is engaged in the production of telecommunications equipment.
Source: Ericsson
For those who want to know more
- Acer decided to stop its business in Russia
- On April 11, Russians will no longer be able to use Spotify
- Bose stops deliveries of its products to Russia
- I ntel stops work in russia
- Google removes Defense Ministry website from search results
- Developers of World of Tanks, World of Warships and World of Warplanes leave Russia and Belarus
- Sony stopped deliveries of game consoles and closed the PlayStation Store in Russia
- Paramount film studio stops work in Russia
- LG Electronics still stops the supply of electronics to Russia
- Following ESET: Avast leaves Russia and Belarus
- Russians and Belarusians will no longer be able to book accommodation through Airbnb