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Category: Rivets

EJOT withdraws from business in Russia

Sale of the national company Wostok


After a lengthy review, the management of the EJOT Group, in consultation with the Advisory Board, has decided to withdraw from the Russian business. In view of the great suffering and the unbelievable destruction caused by the Russian aggressors in Ukraine, there will be no economic "business as usual" in the near future.

In all these considerations we have to take into account that we have a duty of care towards our 70 colleagues of the EJOT subsidiary in Wostok and that we also fulfil this duty - as far as we are able to do so in this difficult situation...