Navigator suspends sales to Russia and Belarus
The company also stresses that it is “following the evolution of the conflict, monitoring its impact on the markets where it operates, as well as throughout the supply chain."
The Navigator Company has suspended the sale of its products on the Russian and Belarusian markets. The position is justified by Russia’s invasion of Ukraine.
“Navigator shows its total abhorrence of the current military conflict by supporting the economic sanctions that have been in place since the invasion of Ukraine. This war has already resulted in high human and material losses and forced mass displacements of refugees. This is a dramatic situation that no European ever thought they would experience again and which will certainly leave deep scars for many years to come,” it stresses.
In a statement sent to the press, the company explains that it is “following the evolution of the conflict, monitoring its impact on the markets where it operates, as well as throughout the supply chain.”
“It is not yet possible to estimate with a reasonable confidence the possible consequences of the current conflict on the Company’s business, given that The Navigator Company’s direct exposure to the markets of Russia, Ukraine and Belarus accounts for less than 1% of its turnover,” it summarises.
