Feb 25, 2022
By: kritti.bhalla@timesinternet.in
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The “unprovoked” Russian invasion has adversely affected the lives of many in Ukraine. Citizens are doing their best to keep themselves safe in times of crisis. With this several companies have decided to temporarily shut down their operation in the country.
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Denmark-based Carlsberg has suspended production at all three of its breweries in the country. The company currently controls nearly a 31% share of Ukraine’s beer market. The company has 1,300 employees in the country.
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Beverages company Coca Cola HBC has shut down its bottling plant in Ukraine as the country is undergoing imminent threat of Russian bombing. The company has triggered contingency plans. "We will keep this under review over the coming days," the company spokesperson has told the media.
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Nestle SA has temporarily closed all its factories, warehouses and supply chain in Ukraine. The company has also recommended its 5,000 employees in Ukraine to stay at home.
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Japanese auto supplier Sumitomo Electric Industries, which makes wire harnesses, said it suspended operations at its factories in Ukraine from February 25 onwards. The company employs some 6,000 people in the country.
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ArcelorMittal, the world’s second-largest steelmaker, has halted production in its underground mines. The company was also slowing production at its larger plant in Ukraine, and it also has several contingency plans if the situation escalates.
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Maersk, a Denmark-based shipping company, has halted port calls in Ukraine until the end of February. The company has also closed its main office in Odessa on the Black Sea coast of Ukraine.
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Davidoff cigarette maker Imperial Brands has suspended operations in Ukraine. The company employs 600 workers across the Kyiv factory, sales teams and marketing teams.
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German software provider SAP SE has closed its office in Ukraine’s national capital of Kyiv.
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Danish transport and logistics company DSV said it had shut its operations in Ukraine. The company told its clients that “as a result of the situation currently evolving in Ukraine, the country declared martial law this morning. As a consequence, DSV has stopped all activity in the country until further notice.”
Credit: Canva