Teknos Has Suspended All Its Operations in Russia and Supported Ukraine with Donations

Date: 07/03/2022
Categories: Corporate
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The Finnish family-owned company Teknos has suspended the activities in Russia and will focus on helping its Ukrainian employees.

Teknos has recently announced that it will suspend deliveries and all operations in Russia and Belarus until further notice. In addition, the company has expressed its concern for the Ukrainian employees and all the population and is working to support and help them.

“At Teknos, we are shocked and heartbroken about the war in Ukraine. Our minds and hearts are with all the people affected by the war, either directly or indirectly. Teknos is a Finnish family-owned company, but we operate globally, also in Ukraine and Russia. Our top priority is the safety and wellbeing of all our employees and their families in Ukraine and do our outmost to help them. As a company, we condemn the Russian war and stand fully behind all the sanctions imposed. As part of our actions of solidarity with Ukraine, we suspend our operations in Russia. Due to the hostilities, we were forced also to suspended all our activities in Ukraine. We continue to follow the situation carefully and are ready to react and act in any ways possible to keep our people safe and to support actions for peace and help for those in need”, stated Paula Salastie, the CEO & owner of Teknos Group Oy.

“This war will for sure have some impact on global supply chain. These crisis and uncertain situations have a tendency for further global spikes on at least oil, gas and other energy prices that will for sure at some point have some impact on our raw materials. Currently we do not see any immediate shortages and delivery issues as a result of the escalated situation. This situation is of course subject for change if the crisis will be prolonged”, also added Fredrik Calenius, the Chief Procurement Officer of Teknos Group Oy.

Furthermore, there is currently a huge need for medicine, food and other necessities in Ukraine as supply chains have been disrupted and many shops and pharmacies are closed. Teknos also donated € 50,000 to provide medicine and other humanitarian needs to the Ukrainian people.

Tags: Teknos