French electrical equipment manufacturer Legrand will stop working on the Russian market
PARIS, January 25 – RIA Novosti. French electrical equipment manufacturer Legrand has announced that it will cease operations in the Russian market “due to the current conditions”.
It is noted that the company’s business in Russia was 1.5% of its annual sales last year.
“Legrand is confident that leaving the Russian market is the best option to comply with the law, while ensuring long-term operations for employees and customers,” the text reads.
Source: Ria
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