Ericsson handed over Russian business to local management
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The Swedish manufacturer of telecommunications equipment Ericsson has entered into an agreement to transfer the customer support business in Russia to local management. This was reported press office Ericsson.
The company emphasized that the deal does not concern the export of equipment, software or related services to Russia. As part of the deal, Russian management will receive some assets and contracts, which ones are not specified.
Ericsson added that in 2023 the company will maintain a small presence in Russia. The branch of the company will work to complete the business liquidation process.
Ericsson announced the termination of work in Russia after the start of military operations in Ukraine. Amid the withdrawal from Russia, the company laid off about 400 employees in its Russian office. Earlier, Kommersant reported that the company was going to gradually reduce its activities in Russia.
More details – in the material “Kommersant” “From now on, we will call the Swede”.
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