Wärtsilä pulls out of Russia

Capt. John

Wärtsilä Corporation is to write-off approximately EUR 200 million (about $217 million) related to assets and business operations in Russia.

A statement released by the company today says:

“Wärtsilä strongly condemns the war in Ukraine. Human rights, safety and prosperity are very important for Wärtsilä, and we value a peaceful and stable business environment wherever we operate.

“After Russia’s attack on Ukraine, Wärtsilä immediately suspended all deliveries, sales, orders, and bidding to Russia....

https://www.marinelog.com/legal-safety/compliance/wartsila-pulls-out-of-russia/

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