Teknos planning a controlled exit from Russian market
As a consequence of war in Ukraine and evolution of the situation, Teknos Group has decided to plan a controlled exit from Russian market and is considering different scenarios. On 4th March, Teknos announced suspension of its operations in Russia and on 12th April business scaling down measures were implemented. “We are sad to see the war in Ukraine continue to unfold. Due to evolution of the situation and circumstances, we do not see any possibility to conduct our business in this environment. Taking into consideration the worsening local business conditions, we have decided to