Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalKoenig & Bauer AG is a German company that makes printing presses based in Würzburg. It was founded by Friedrich Koenig and Andreas Friedrich Bauer in Würzburg in 1817, making it the oldest printing press manufacturer in the world still in service. 95% of the banknotes used in the world are printed on printers made by Koenig & Bauer Banknote Solutions SA, a division of Koenig & Bauer.
Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalIn the summer of 2022, a subsidiary of the German construction company Bauer Spezialtiefbau sold its assets to a Russian businessman; the court declared this deal invalid due to the lack of permission from the government commission.