Which brands are included in ABB:
Asea Brown Boveri Ltd is the full name
What ABB manufactures:
Specializes in the field of electrical engineering and power engineering. Acts as the largest manufacturer of industrial engines and drives, generators in wind energy, as well as the main supplier of electrical networks around the world.
*If you found the answer to your question, support our volunteer project by subscribing or donating:
One-time donation to the bank
Monthly subscription
April 5, 2022 - boycott russia official:
"Global suppliers of electrical switchgear can help stop Russia's war against Ukraine.
If the electrical systems at Russian factories and military plants fail, the war will be stopped very quickly, along with its horrific war crimes against the Ukrainian people. It is impossible to continue the modern war with the economy, which is stuck in the era preceding the steam.
Terminate all relations with Russia and Belarus, including any joint ventures, existing plants, sales through independent distributors, etc. We know that your solutions are still available in Russia, and that is why you continue to indirectly support a brutal war.
Stay on the right side of history and stop any business in Russia and Belarus! ”
Source
August 2, 2022 - Yale School of Management:
A bit of background to the fact check source:
“We have a team of experts with experience in financial analysis, economics, accounting, strategy, management, geopolitics and Eurasian affairs, fluent in ten languages, including Russian, Ukrainian, German, French, Italian, Spanish, Chinese, Hindi, Polish and in English, collecting this unique set of data from open sources such as government regulatory documents, tax documents, company reports, financial analysts' reports, Bloomberg, FactSet, MSCI, S&P Capital IQ, Thomson Reuters and business media from 166 countries; as well as non-public sources, including a global wiki-style network with more than 250 company insiders, informants and management contacts. ”
ABB company status according to the analysis: temporarily pausing all new orders and operational activity
Source
Has ABB left the Russian market? February 19, 2023 - kse institute:
ABB decided to leave the Russian market due to the ongoing war in Ukraine and the impact of related international sanctions:
"When the war started, ABB stopped accepting new orders in Russia. At the same time, the company fulfills a small number of existing contractual obligations with local customers, complying with the current sanctions. Still “working to complete exit […] in compliance with all applicable laws and sanctions.”
Source
September 16, 2024 - Yale School of Management:
A bit of background to the fact check source:
“We have a team of experts with experience in financial analysis, economics, accounting, strategy, management, geopolitics and Eurasian affairs, fluent in ten languages, including Russian, Ukrainian, German, French, Italian, Spanish, Chinese, Hindi, Polish and in English, collecting this unique set of data from open sources such as government regulatory documents, tax documents, company reports, financial analysts' reports, Bloomberg, FactSet, MSCI, S&P Capital IQ, Thomson Reuters and business media from 166 countries; as well as non-public sources, including a global wiki-style network with more than 250 company insiders, informants and management contacts. ”
ABB company status according to the analysis: left the market
Source
*If you found the answer to your question, support our volunteer project by subscribing or donating:
One-time donation to the bank
Monthly subscription
Brands: Asea Brown Boveri Ltd - full name
EN 
UA