Recently, numerous companies in the United States and other countries have also halted sales to Russia, citing the war in Ukraine as the reason. Among them, Apple Announce the cessation of product sales in Russia; Microsoft Announces the suspension of sales of all new products and services in Russia; Intel 、
AMD 、
NVIDIA Supply to Russia and Belarus has also been suspended. In addition, Samsung It also announced the suspension of exports to Russia of all products, including mobile phones and chips. Gucci, Louis Vuitton, Chanel, and Cartier have all ceased operations in the country.
IKEA Closes Its Stores in Russia
Nike, Under Armour, H&M, Puma, and LEVI’S have all ceased operations in the country.
[1] West Gate Subsidiary suspends operations in Russia
Siemens, Europe’s largest industrial manufacturing company headquartered in Munich, said Wednesday that it will suspend its operations in Russia following Moscow’s invasion of Ukraine. The company, which manufactures and services trains and supplies software and industrial equipment, stated that, as it assesses the impact of Western sanctions imposed on Russia over the past week, it will “suspend all new business and international deliveries to Russia.”
Russia accounts for only 1% of Siemens’ global sales, yet the company’s rail division, Siemens Mobility, has signed a contract with Russian Railways to build high-speed Sapsan trains. The current order for 13 trains is underway and is scheduled for delivery over the next two years, with the first brand-new Sapsan having been delivered to Russia last summer. The train order is valued at approximately USD 1.22 billion and includes a 30-year maintenance contract. Although the order itself now appears to be in jeopardy, Siemens has stated that it will temporarily continue to honor its service and maintenance commitments.
[II] Rockwell Automation suspends operations in Russia
Rockwell Automation (NYSE: ROK) announced today that it will suspend operations and sales in Russia and Belarus, effective immediately. “Rockwell joins the U.S. government and the international community in condemning Russia’s attack on Ukraine and its citizens,” said Blake Moret, Chairman and CEO of Rockwell Automation, emphasizing the company’s support for all U.S. sanctions.
Rockwell Automation has provided financial support to PROJECT HOPE to deliver humanitarian relief to refugees in Ukraine and neighboring countries, while also encouraging its employees to contribute in various ways. The company will match employee donations to PROJECT HOPE and offer paid time off to support local volunteer efforts. Sales in Russia and Belarus account for less than 0.5% of Rockwell Automation’s total revenue. The company will continue to pay the salaries and benefits of its approximately 30 Russian team members. Rockwell Automation does not directly employ anyone in Ukraine or Belarus.
[3] ABB Suspends Operations in Russia
ABB Suspends Acceptance of Orders from Russia, Ukraine, and Belarus. March 2, 2022 — “Due to supply-chain disruptions and other logistical challenges, ABB has temporarily suspended the acceptance of new orders and all operational activities affected by shipments to and from Russia, Ukraine, and Belarus.” Zurich (Reuters) — Swiss engineering and automation group ABB said on Wednesday that it has temporarily halted order intake from Russia, Ukraine, and Belarus. “Because of supply-chain disruptions and other logistical issues, ABB has temporarily suspended the acceptance of new orders and all operations impacted by goods moving in and out of Russia, Ukraine, and Belarus,” the company stated, adding that it is closely monitoring the situation and will comply with applicable export-control and sanctions laws.
[4] Stratus Technologies of the United States Suspends Quotations
Stratus ftServer series servers — for Russia Oil and gas industry Provides SCADA, HMI, and edge computing services. Stratus—“Industry Applications” Currently, Stratus serves numerous renowned clients worldwide, primarily in the banking sector and Financial services, industrial automation , tourism and transportation, public safety, and other fields. Many Stratus Our clients include renowned leaders across various industries, such as major U.S. securities firms, Asia’s largest stock exchange, the world’s largest futures exchange, and 25 of the world’s 30 largest banks.
[5] Johnson Controls Suspends Operations in Russia
Johnson Controls issued a statement saying it will fulfill its existing contractual obligations “to the greatest extent possible” and fully comply with sanctions regulations, while refraining from accepting new business or new orders.
【Six】 The list of suspected sanctioned entities is as follows:
[7] Honeywell continues to operate its business and has not yet announced a suspension of operations.
Honeywell is a global Petroleum and Natural gas Industry A leader in control systems Russia is a key market for Honeywell, and the U.S.-based company has established three manufacturing facilities in the country. Currently, Honeywell operates 20 offices in Russia and employs more than 1,000 people there. On Friday, March 4, 2022, Eastern Time, Honeywell CEO Darius Adamczyk was interviewed by CNBC to discuss how Honeywell is responding to the conflict between Russia and Ukraine and how its product portfolio will be affected, among other topics.
