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Disclosure

7 Oct 2022

Author:
Bosch

Bosch response

Bosch is following the developments in the region with great concern. As you are aware, most of Bosch’s business with Russian customers and in Russia has been interrupted or come to a standstill for many months now as a result of the sanctions. Given the further exacerbation of the economic-policy situation and the resulting circumstances as concerns sanctions, the supply shortages associated with them, and significantly more difficult access to the Russian market, we expect further restrictions.

Timeline