Brief: Aspo Updates Status Of Its Operations In Ukraine And Russia

Aspo Oyj

11/03/2022 11:04

March 11 (Reuters) - Aspo Plc  ASPO.HE :
    * REG-ASPO UPDATES THE STATUS OF ITS OPERATIONS IN UKRAINE
AND
RUSSIA
    * DUE TO TRAGIC EVENTS IN UKRAINE, ASPO IS ADJUSTING ITS
OPERATIONS IN RUSSIA
    * AS A RESULT OF RUSSIA'S MILITARY ACTION, SOME OF TELKO'S
AND
LEIPURIN'S WAREHOUSES IN UKRAINE HAVE BEEN DESTROYED
    * THIS HAS NOT RESULTED IN PERSONAL INJURY. VALUE OF
DESTROYED
INVENTORIES IS APPROXIMATELY EUR 3-4 MILLION.
    * DESPITE THIS, ASPO IS FULLY COMMITTED TO CONTINUING
DISTRIBUTION
OPERATIONS OF TELKO AND LEIPURIN IN UKRAINE.
    * MOST OF ESL SHIPPING'S BUSINESS OPERATIONS IN RUSSIA WILL
BE
DISCONTINUED IN COMING DAYS.
    * ESL SHIPPING HAS ALSO SUSPENDED START-UP MEASURES OF ITS
PREVIOUSLY ESTABLISHED RUSSIAN SUBSIDIARY

Source text for Eikon:  ID:nGNEzKZyg 
Further company coverage:  ASPO.HE 

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