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Disclosure

10 Oct 2022

Author:
Ericsson

Ericsson response

Thank you for reaching out and for the questions. Please see our statement below as a response:

Ericsson, as previously stated, suspended operations and deliveries to customers in April and continues its orderly wind down in Russia. It continues to implement the suspension of affected operations and 400 employees in Russia have been notified of layoffs and are leaving Ericsson.

It is in this context that, following the 21 September announcement of a partial mobilization in Russia, Ericsson has analyzed the mobilization’s potential impact for these exiting employees and the company. As Ericsson is accredited as an IT company in Russia, and as clarified with the authorities, there is a possibility for employees meeting specific criteria to confirm the need for deferral. We continue to monitor the situation.

The Swedish and EU authorities granted limited exemptions for Ericsson and other companies to deliver technical assistance and software which are needed to maintain civilian public telecommunication networks. These exemptions expire by year-end and Ericsson is, and will remain, fully compliant with Swedish, EU and US sanctions.

Timeline

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