Building materials company Kingspan exits Russian market

Russian President Vladimir Putin pictured at the end of March. Image: Mikhail Klimentyev Russian President Vladimir Putin pictured at the end of March. Image: Mikhail Klimentyev IRISH-BASED BUILDING materials company Kingspan has joined the list of organisations leaving the Russian market since the invasion of Ukraine.

The company said it took several weeks to complete the exit “in an orderly fashion, with the safety and welfare of our staff as a key priority”. Another Irish company Kerry Group yesterday said it was suspending all operations in Russia and Belarus in response to the ongoing war in Ukraine. #Open journalism No news is bad news Support The Journal Your contributions will help us continue to deliver the stories that are important to youThe moves follow pressure for companies to leave the Russian market from many including Ireland South Fianna Fáil MEP Billy Kelleher.

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