Information regarding the situation in Ukraine
Indutrade stands with the Ukrainian people suffering from the terrible consequences of the war. Due to the Russian invasion and its tragic impact, Indutrade has decided to stop all business activities with companies in Russia and Belarus until further notice.Indutrade has no subsidiaries or any employees in Russia, Ukraine or Belarus and the direct exposure is very limited. In 2021, the net sales to these countries represented less than 1% of Indutrade’s total net sales. “We condemn the Russian invasion of Ukraine and our thoughts are with everyone who has been affected. The willingness