“We have decided that the best solution for our company is to suspend operations in Russia and Belarus until further notice. Due to the current situation, we cannot and should not continue our activities there. We regret the huge impact this decision has had on our loyal and dedicated employees in these markets,” says David Briggs, President of Velux Group.
The group confirms that “IT systems have been shut down, all financial transactions have been suspended, and all employees in these countries have been sent home.”
In Russia, the Danish group has been active since 1991 and has employed more than 60 people there. The company has been operating in Belarus for two decades and employs only 6 people.
On February 24, the company also suspended its operations in Ukraine.
“About 100 Ukrainians work at Velux companies in Poland, most of them at the Namysłów plant. The company’s management is working and announces that it is doing everything possible to help them, especially in bringing families of employees to Poland” – reads the company’s press release.
Velux is a company based in Hørsholm, Denmark. We mainly specialize in the production of skylights, roller blinds and blinds.
After the invasion, global companies leave Russia
More and more global brands are withdrawing from Russia. This has already been announced by companies such as Adidas, BMW Or a Jaguar Land Rover.
See also: Car makers Disney and Netflix respond to the Russian invasion
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