Buffeted 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 Group CEO Christian Klein in a public statement. The group is in constant exchange with politicians around the world, he says, has full confidence in their leadership and fully endorses the steps taken so far. As a consequence of Russia's invasion of Ukraine, Klein announced: "In line with the sanctions, we are suspending our business in Russia and also pausing the sale of SAP services and products in Russia".
Read More
3
March
