• 346
  • 22
  • Favorite

Swiss Plumbing Company Geberit Reduces Russian Business

Reuters2022-03-23

Swiss plumbing materials supplier Geberit has reduced its activities in Russia following Moscow's invasion of Ukraine, the company said on Wednesday.

The company has halted selling its premium and luxury products such as shower toilets for hotels, stopped taking orders from new customers and ended its marketing activities.

Geberit had previously said it was continuing its operations in Russia, where it employs 70 people at its offices in Moscow. It has already shut its factory and offices in Ukraine.

Western companies still operating in Russia have come under increasing pressure to halt their activities. On Wednesday Nestle said it will halt the sale of several non-essential products including KitKat candy bars and Nesquik chocolate drink in Russia.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment22

  • WifeWhyWhy
    ·2022-03-24
    Ok
    Reply
    Report
  • Tj23
    ·2022-03-24
    Ok
    Reply
    Report
  • FlippingBird
    ·2022-03-23
    Like
    Reply
    Report
    Fold Replies
    • AlphaKK
      ok
      2022-03-23
      Reply
      Report
  • Seah CL
    ·2022-03-23
    K
    Reply
    Report
  • andrew123
    ·2022-03-23
    Like 
    Reply
    Report
    Fold Replies
  • Mindthink
    ·2022-03-23
    Ok
    Reply
    Report
  • Kimlet
    ·2022-03-23
    Ok
    Reply
    Report
  • EY12
    ·2022-03-23
    Like
    Reply
    Report
    Fold Replies
    • andrew123
      done.like back
      2022-03-23
      Reply
      Report
    • EY12
      hi
      2022-03-23
      Reply
      Report
  • EHG
    ·2022-03-23
    Like 
    Reply
    Report
  • ASMH
    ·2022-03-23
    Like 
    Reply
    Report
    Fold Replies
    • ASMH
      L ike
      2022-03-24
      Reply
      Report
    • US_watchlist
      ok
      2022-03-23
      Reply
      Report
  • Verine
    ·2022-03-23
    Nice
    Reply
    Report
    Fold Replies
    • Verine
      nice
      2022-03-23
      Reply
      Report
  • ty91
    ·2022-03-23
    Ok
    Reply
    Report
    Fold Replies
    • ty91
      Ok
      2022-03-23
      Reply
      Report
  • ramius75
    ·2022-03-23
    👍
    Reply
    Report
  • Tantiad
    ·2022-03-23
    Good move
    Reply
    Report
  • HF133
    ·2022-03-23
    Ok
    Reply
    Report
    Fold Replies
    • Pflanze
      ok
      2022-03-23
      Reply
      Report
    • HF133
      ok
      2022-03-23
      Reply
      Report
  • KelvinChan
    ·2022-03-23
    O
    Reply
    Report
  • Zivcheah
    ·2022-03-23
    O
    Reply
    Report
    Fold Replies
  • ND80
    ·2022-03-23
    K
    Reply
    Report
    Fold Replies
    • MarketPulse
      [Onlooker]
      2022-03-23
      Reply
      Report
    • ND80
      K
      2022-03-23
      Reply
      Report
  • ALLOYHUAT
    ·2022-03-23
    Like
    Reply
    Report
  • Hayleyxn
    ·2022-03-23
    Oo
    Reply
    Report
    Fold Replies
    • Hayleyxn
      ok
      2022-03-23
      Reply
      Report
errorbox banner

抱歉,当前请求异常(-1)

7x24

  • 14:33

    Greer: Believes U.S. Will Have Meaningful Tariff Deals With Several Countries in Next Few Weeks

  • 14:33

    Greer: We Have to Be Much More Deliberate About the Semiconductor Supply Chain

  • 14:33

    Greer: Electronic Exemptions Reflect Move From Reciprocal Tariffs to National Security Tariffs -Cbs Interview

  • 14:33

    Ustr Greer: No Plans yet for Trump to Speak With Xi -Cbs Interview

  • 13:52

    Trump Remains in Excellent Health -White House Doctor

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial