Shaken by the war in Ukraine and burdened by sanctions, more and more companies are withdrawing from business with Russia. SAP, headquartered in Walldorf, is now one of them: „The economic sanctions against Russia are an important instrument for restoring peace,“ says CEO Christian Klein in a public statement. The company is in constant exchange with politicians around the world, has full confidence in their leadership, and fully supports the steps taken so far. As a consequence of Russia's invasion of Ukraine, Klein announces: „In line with the sanctions, we are suspending our business in Russia and also pausing the sale of SAP services and products in Russia.“
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March
