Knauf announces withdrawal from Russia /

by times news cr

2024-04-23 04:37:14

“In view of the current events, KnaufGroup has decided to stop its activities in Russia after more than 30 years of activity,” the German company’s statement was quoted by the Russian propaganda agency TASS.

Knauf’s Russian business will be “transferred to local management in order to preserve the jobs of more than 4,000 employees in the future,” the company explains.

“Knauf”, however, states that this transaction has not yet been approved by the Russian authorities.

Previously, several large international companies were unable to agree on the sale of their businesses in Russia, so their assets were transferred to the management of the federal state property management agency “Rosimušchestvo” (“Росимущество”).

The German TV channel ARD reported at the beginning of April that German companies are participating in the reconstruction of Mariupol, which was destroyed and occupied by Russian troops.

Looking for evidence of the participation of German companies in the reconstruction of the Ukrainian city occupied by Russia, journalists relied on data from the websites of construction companies, business documents, photo and video materials.

Journalists have noticed that German company “Knauf” cement is used in many buildings in Mariupol.

2024-04-23 04:37:14

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