| Villeroy & Boch has released a statement condemning the Russian war in Ukraine and revealing that it has suspended business in the region until further notice. Â In a newly released statement the company says: Â |
| “Villeroy & Boch is deeply upset by the war in Ukraine and condemns the bellicose actions of the Russian government. Our concern and solidarity are with our employees, business partners and all people in Ukraine. The top priority now is the protection and safety of our employees in the region, and we are supporting them and their families to the utmost. We are in contact with our local employees and key customers and hope for a peaceful solution to the conflict in the near future.  There is currently an order freeze for Russia, Belarus and Ukraine (<3% share of sales). Villeroy & Boch is suspending business here until further notice and will reassess the situation as soon as the situation permits. We have also cancelled our participation in the Russian “Mosbuild” trade fair. Villeroy & Boch does not operate any production facilities in Ukraine or Russia.  We do not currently see any supply bottlenecks for raw materials that are explicitly attributable to the war in Ukraine. We are particularly concerned and worried about energy supply and increased energy and raw material prices. We obtain our gas supply from our national suppliers and network operators, not directly from Russia.† www.villeroy-boch.com |
