ITAB discontinues its operations in Russia
ITAB Shop Concept AB (publ) (“ITAB”) has decided to discontinue its operations in Russia due to the ongoing invasion of Ukraine.ITAB has a production facility and sales offices in Russia with a total of approximately 125 employees. ITAB currently has no operations in Ukraine. The decommissioning process begins immediately with due considerations towards employees, customers, and business partners. “Many at ITAB have colleagues, family or friends who are affected by the current situation in Ukraine. ITAB takes a firm stand against all forms of abuse and we cannot continue our activities