The Styrian technology group and plant manufacturer Andritz AG has because of the war in Ukraine and the international sanctions imposed “All new business in Russia suspended until further notice”. “Andritz condemns the invasion of Ukraine, which caused devastation to infrastructure and loss of life, and supports the Ukrainian people,” the company said on Friday.
“Sales to Russia make up regarding 2 to 3 percent of our total sales, so it’s not dramatic”, was last explained. Andritz supplies the region with pulp plants, plants for manufacturing train wheels, sewage treatment plants and sludge drying plants, for example. The Ukraine plays “practically no role” in business, in Belarus the Styrians say they are only active on a project basis.