Current Reports

CR 12/2022 Updated information on the consequences of the armed conflict in Ukraine on the operations of the LPP Group

04.03.2022

Updated information on the consequences of the armed conflict in Ukraine on the operations of the LPP Group


Current report no: 12/2022

Date: 04.03.2022

Time: 5:11 p.m.

 

With reference to CR 6 of 28 February 2022 and CR 9 of 2 March 2022, the Management Board of LPP SA, taking into consideration restrictions imposed on Russia by the European Union, made the decision to suspend operating in Russia, including, in particular, halting the development of LPP brands in Russia and withholding commodity supplies to Russia. The above-mentioned steps will be taken progressively, with due consideration of operating restrictions.

 

CR 12 2022 – Updated information on the consequences of the armed conflict in Ukraine on the operations of the LPP Group