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BASF to Wind Down Business in Russia, Belarus by July

Published on: Tuesday 26 April 2022

German chemical company BASF SE said it would wind down its remaining business in Russia and Belarus by the start of July. BASF said in March that it wouldn't conduct new business in the countries, which accounted for 1% of group sales in 2021, after Russia's invasion of Ukraine. "This decision is

News source: https://www.wsj.com/livecoverage/russia-ukraine-latest-news-2022-04-27/card/basf-to-wind-down-business-in-russia-belarus-by-july-HRg6jyeMGgbXAbP7lXFd

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BASF to Wind Down Business in Russia, Belarus by July