While multiple U.S. based companies sever ties with Russia after its unprovoked invasion of Ukraine, Koch Industries has decided to stay put in Russia, keeping its two glass manufacturing facilities in the region open
said closing factories in its Guardian Industries unit would have an adverse affect on employees, which number about 600.
“While Guardian’s business in Russia is a very small part of Koch, we will not walk away from our employees there or hand over these manufacturing facilities to the Russian government so it can operate and benefit from them,” Dave Robertson, the president and chief operating officer,, where he acknowledged that Russia’s unprovoked attack on Ukraine is “an affront to humanity.”
Koch Industries’ decision to stay put in Russia bucks other major U.S. corporations’ moves out of the country. McDonald’s
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Koch Industries: Here's why we're staying in RussiaKoch Industries, the conglomerate run by billionaire Charles Koch, is planning to stay in Russia even as hundreds of Western companies have scaled back operations there following the invasion of Ukraine.
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Koch says it will continue operating in RussiaKoch’s Guardian Industries runs two manufacturing plants with roughly 600 employees.
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Koch Industries breaks silence on Russia operations — and says it will continue to operate its two glass factories there“While Guardian’s business in Russia is a very small part of Koch, we will not walk away from our employees there or hand over these manufacturing facilities to the Russian government so it can operate and benefit from them,' said COO Dave Robertson.
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Opinion | Zelensky says ‘peace is more important than profit.’ Koch Industries disagrees.Opinion by Dana Milbank: Stop buying from these companies. They’re funding Putin’s war.
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Pressure mounts for multinationals in Russia to leaveAs the war in Ukraine drags on, international companies still in Russia are coming under increasing pressure to leave. Some seem to be determined to stay, some say they are reconsidering or trying to figure out an exit and some aren't speaking at all — a testament to the fraught nature of the situation.
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Ukraine War Day 20: Carnage Continues Into Third Week of Battle With RussiaSirens blasted throughout the night once again as the Russia-Ukraine war approaches another milestone.
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