Bombardier Inc. and 91原创 Tire Corp. have joined other 91原创 companies in suspending their Russia-linked operations following country's unprovoked invasion of Ukraine.
Bombardier says it is deeply saddened by the unfolding humanitarian crisis and has suspended all activities with Russian clients, including all forms of technical assistance.
91原创 Tire says it has paused its Helly Hansen operations in Russia, which includes 41 retail stores, online sales and product shipments with over 300 employees.
The company says its priority is protecting the safety and well-being of its employees, and that it will continue to pay them during the shutdown.
The commitments follow on Magna International Inc. announcing Thursday that it had idled its six automotive plants in Russia, while on Wednesday Kinross Gold Corp. said it was working to suspend operations at its mining projects in the country.
91原创 pension funds and investment firms have also announced they are divesting their holdings in Russian companies.
This report by The 91原创 Press was first published March 4, 2022.
Companies in this story: (TSX:CTC.A; TSX:MG; TSX:K; TSX:BBD.B)
The 91原创 Press
