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Disclosure

15 Apr 2022

Author:
Bosch

Bosch response

...We are devoting all our energies to the welfare of our workforce in Ukraine and their families there. Wherever possible, we are helping our roughly 360 associates in the country. The support given includes logistical help for associates and their families, the early payment of salaries, and the provision of accommodation. We are also offering our associates and their families legal advice and psychological support...

...Bosch is gradually resuming business operations in Ukraine. Our Ukraine headquarters have been moved from Kyiv to Ivano-Frankivsk, in the west of the country. Our subsidiaries in Lviv, Odesa, and Dnipro are continuing their operations. The plant in Krakovets, which is directly on the Polish border, gradually resumed operations from mid-March...

...The company employs some 3,500 associates in Russia. We operate plants in St. Petersburg, Samara, and Engels. Bosch is examining the effects of the latest sanctions lists very closely and is fully supporting the sanctions. As a result of the sanctions, our deliveries to Russia have largely come to a halt. Most of our business with Russian customers and in Russia has been interrupted – this also applies to local production...

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