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.“
On 2 March, the Ukrainian Deputy Prime Minister and Minister for Digital Transformation Mykhailo Fedorov posted copies of the letters to Oracle CTO Larry Ellison and SAP CEO Christian Klein on Twitter, calling for an end to business relations with Russia in response to the current invasion of Ukraine
SAP's reaction was not long in coming. The corresponding statement was published on the SAP website today.
„Like the rest of the world, we are watching the war in Ukraine with horror and condemn the invasion in the strongest possible terms.“ The published statement from SAP continues. SAP CEO Klein reaffirms his clear stance on Russia: „Such an inhumane and unjustified act is an attack on democracy and humanity. Its consequences affect us all.“
SAP has also provided initial humanitarian support totalling EUR 1 million for the people of Ukraine. SAP is also working with national Red Cross organisations, the UN Refugee Agency (UNHCR) and other organisations to provide technological support for their work in Ukraine.
SAP also takes care of its own employees, who can expect financial and logistical support should they wish to or be able to leave Ukraine.
Oracle is also ceasing operations in Russia.
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