In mid -July, they announced the full exit from the markets of Russia and Belarus. Moreover, the owners of the company have chosen the format of Management Buyout (MBO). That is, all Russian and Belarusian assets will be purchased by local management. This scheme is increasingly chosen by international business groups that are forced to leave Russian and Belarusian markets through sanctions.
HB business spoke with Adam Yezhaychak, the regional president of Eastern Europe, to find out whether the desire to hide business in Russia is not worth the desire to hide in Russia, why Danfoss was not interested in local investors and how to prepare for the harsh winter to be a harsh winter. Andriy Berestyan, Danfoss Ukraine CEO, answered the question about the Ukrainian market.
- Why did you choose the option of selling Russian and Belarusian business that is local management? Adam Yezhaychak (AE): - First of all I want to emphasize that we very quickly decided to leave the markets of Russia and Belarus. Literally March 1. These are not for economic or manufacturing causes. We made the decision to completely leave these markets in connection with Russia's aggression against Ukraine.
Slovensku
Українська
English
USA
Français
Deutsch
Italiano
Polski
Čeština
Español
