Swedish manufacturer of household appliances Electrolux Professional announced that it is leaving Russia. He will leave his business
Because of this decision, Electrolux will fixone-off costs of SEK 35 million ($3.3 million). “Assessing the continuation of our work in Russia, we came to the conclusion that in the current situation it is impossible,” the company said. They stressed that they respect all sanctions and export control measures against Russia. Electrolux decided that due to the ongoing conflict in Ukraine and sanctions, it would not be possible to sell and service the company's products in the Russian Federation in the medium and long term.
It is noted that Russia accounted for approximately 1% of Electrolux Professional sales in 2021.