Siemens Will Exit the Russian Market

Source: www.gulfoilandgas.com 5/12/2022, Location: Asia

Siemens join the international community in condemning the war in Ukraine and are focused on supporting our people and providing humanitarian aid.

Siemens will exit the Russian market as a result of the Ukraine war. The company has started proceedings to wind down its industrial operations and all industrial business activities.

Siemens was one of the first companies to put all new business in and international deliveries to Russia on hold while it evaluated the situation to ensure the safety of its 3,000 employees in the country.


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