Bosch suspends Russia business. Germany's economy ministry has launched an investigation into whether Bosch violated an export ban on goods that can be used for both civilian and military purposes. Bosch is looking for buyers for its Russian assets. Germany's Bosch sells some Russian assets to holding company S8 Capital. Bosch sold the Russian business in Engels. We are talking about three plants for the production of spark plugs, power tools and heating boilers. The assets of the German group were acquired by the S8 Capital holding of Armen Sargsyan. Bosch sold the Russian business (all 6 local companies). Throughout Russia, the remaining specialized stores of LG, Bosch and Sony began to close. Technical support clarifies that some stores will remain open until the summer, until the remaining goods are sold out. Until now, retail partners of foreign manufacturers have not closed stores to avoid fines from landlords, market participants say. In place of the stores of the departed companies, sales points for suppliers from Turkey and China are already opening.