Chinese Positec Group suspends activities in Russia and Belarus

The Positec Group is suspending its business activities in Russia and Belarus. The Chinese manufacturer of electrical equipment, which is internationally active in the market with its Worx and Kress brands, released this statement from CEO Don Gao on the matter:

"In light of the ongoing military action in Ukraine and the tragic humanitarian crisis, we have made the decision to pause the export of our products and the investments to Russia and Belarus.

We will continue to provide secure employment and income stability for our colleagues in Russia as important members of the Positec global family.

Our thoughts are with the people of Ukraine, and we add our voice to all those calling for peace and an end to the conflict in Ukraine."