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After the scandal the German company Knauf announced its complete withdrawal from ruZZia.

The manufacturer of building materials Knauf stops working in ruZZia after more than 30 years. The company did not name the reasons for leaving the Russian market, indicating only that this is happening against the backdrop of "current events."

In November 2023, Ukrainian authorities accused Knauf of sponsoring the war, namely paying $117 million in taxes to ruZZia.

In April of this year, it became known that products of the German brand are used in construction in occupied Mariupol. The company responded that it complies with sanctions and does not support ruZZian aggression.

According to the Contour Focus service, the revenue of the Knauf branch network in Putinistan at the end of 2023 amounted to at least 135 billion rubles, the company increased its revenue by 14% compared to the year before.

In a statement, the company said now it had decided to transfer the entire business, including raw material extraction, production and sales, to local management in order to preserve the jobs of more than 4,000 employees. The Z-authorities have yet to approve this.

Knauf did not name specific reasons for curtailing business in Putinistan. As previously reported, the concern, which had a turnover of 15.4 billion euros in 2022, again came under fire for its work in the Z-lands.

Source

@freerussia_report

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