Koch to continue operating in Russia
Ceasing operations would “hand over these manufacturing facilities to the Russian government so it can operate and benefit from them,” according to theSince Russian President Vladmir Putin ordered the invasion of Ukraine last month, more than 400 companies have pulled out or scaled back their operations in the country, according to a running tally by Yale management professor Jeffrey Sonnenfeld andRobertson said if Koch followed suit, it would put the company's employees “at greater risk”...
In addition to the 600 employees at the two manufacturing plants, Koch has 15 other employees in Russia. Robertson stated Koch has given financial assistance to its Russian employees. It has also provided “humanitarian aid” to people in “neighboring countries” impacted by the Russian invasion, according to the statement.: In announcing the plans, the company says it’s complying with all sanctions, laws and other regulations in its business within Russia.
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