Swedish network equipment Manufacturer Ericsson said on Monday it would suspend everything of its Russian operations over the war in Ukraine for What is expected future.
The telecom giant already announced in In late February, it said it would halt all deliveries to Russia after February 24 in Moscow invasion of Ukraine.
“In the light of Last events And of EU sanctions, the company will now suspend those affected business with Client in “Russia to infinity,” Ericsson said. in Declaration.
company added She was ‘attractive’ with Customers and partners in connection with the indefinite suspension of affected business. “
The priority is focus on The safety and luxury of Ericsson employees in Russia and they will be placed on Paid leave “.
hundreds of Western companies ranging from Ikea to Coca-Cola, Goldman Sachs and McDonald’s have halted operations in The country since the invasion with French banking group Societe Generale announced on Monday the sale of its stake in Rusbank in Russia.
Ericsson has around 600 employees in A spokesperson for the company told AFP that Russia is “a major supplier of the largest MTS operator and the fourth largest operator of Tele2,” adding that together they with Ukraine and Russia accounts for less than 2% of Revenues.
K resultThe equipment Maker said he would record pantry for 900 million Swedish krona ($95 million, €87 million) for The first quarter of 2022 for “ruin of assets and other exceptional costs”, although the costs of surplus personnel are not included.
Ericsson is scheduled to publish first quarter earnings on April 14.
