“Uncertain environment” – Logitech completely withdraws from Russia

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Computer accessories manufacturer Logitech is completely withdrawing from Russia. The Swiss company plans to shut down its remaining operations in Russia given the “ongoing uncertain environment,” Logitech announced on Monday.

“We have been monitoring the situation closely and regret that the circumstances do not allow us to continue our activities as before,” a spokesman said Monday. The current uncertain environment forces them to “take the ultimate step and stop our remaining activities in Russia”.

According to “Blick”, Logitech had already stopped supplying its retailers in Russia in March. However, local representation was maintained in the hope of a relatively quick resolution of the conflict.

Source: Krone

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