Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling BackAUMA have been developing and building electric actuators and valve gearboxes for 50 years and is one of the leading manufacturers in the industry. Energy sector, water industry, petro-chemical industry and users from the most diverse industries worldwide rely on technologically sophisticated products by AUMA.
Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling BackReceived revenues in Russia in 2021. Started to review all national and international business activities related to Russia and Belarus. Have severely restricted the ongoing business of Russian subsidiary, well beyond the respective applicable sanctions. No longer supply any products for the oil and gas industry. Furthermore, have completely discontinued the components and spare parts business. Deliveries are still being supplied to the civil infrastructure in the water and energy segments, but these activities are also being critically questioned.
March 06, 2023 | Letter sent by B4Ukraine to the company (no response provided) |
AUMA Russian subsidiaries listed at the official website |