Grundfos pauses business in Russia

Grundfos is placing on maintain all of its manufacturing and sales activities across Russia following the invasion of Ukraine.
Grundfos’s headquarters in Bjerringbro, Denmark.
This decision means that no merchandise might be delivered in Russia, and no new orders might be accepted in the meanwhile.
Ukraine and Russia are each important markets for Grundfos. The Danish pump producer has a gross sales company with approximately 30 employees in Ukraine, and a sales firm and manufacturing unit with roughly 500 workers in Russia.
Grundfos says its focus now is on its workers in Russia and Ukraine and supporting them in one of the only ways. The company will proceed to maintain its workplaces and manufacturing unit to be ready to open once more when the state of affairs allows.
Meanwhile the Grundfos Foundation is donating DKK15 million to relief efforts to help individuals in Ukraine and these who have been forced to flee to neighbouring nations.
“We select to put aside at least DKK15 million for direct emergency aid offering medical care and serving to the refugees,” stated Kim Nøhr Skibsted. executive director of the Grundfos Foundation. “We will direct these funds by way of organisations and local initiatives which are on the ground, know the needs, and might present the most effective assist to the victims in Ukraine and refugees within the neighbouring international locations.”
Grundfos’s Community Engagement grants are being fast-tracked to assist charities and organisations providing medical assist, food and shelter to these affected by the crisis.
“As Feast of the ongoing crisis in Ukraine, communities in Romania, Poland, Hungary, Slovakia, and Moldova face huge challenges as they work to assist massive numbers of incoming refugees. We urge colleagues to engage with native NGOs who know what help is needed instantly and who can ship that assistance on the ground,” said Nøhr Skibsted. “We are working on fast-tracking the method for incoming grants applications from and around Ukraine, with the goal to approve and expedite grants within weeks instead of months.”
The Community Engagement grants are designed to help local Grundfos firms collaborating with NGOs and other initiatives to deal with challenges of their communities.
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