Which brands are part of Philips:
Philips Hue, IntelliSpace Critical Care and Anesthesia (ICCA), Lumify.
What Philips makes:
Specializes in the production of medical equipment and consumer electronics for personal care.
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March 28, 2023 - 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. ”
Philips status according to the analysis: most operations continue, ended some consumer products
Source
January 31, 2024 - kse institute:
He is not going to leave, because in the military year of 2022 he took half a billion rubles in loans and invested them in fixed assets:
"The company announced humanitarian support to Ukraine. Termination of supplies to Russia and marketing activities. Dutch medical technology company Philips ( PHG.AS ) will continue to supply hospital equipment to Russia despite its war on Ukraine, Chief Executive Roy Jacobs said on Tuesday. Jacobs said Philips' Russian operations focused on servicing and supplying hospital equipment such as large medical scanners, while the company had stopped selling its personal care products there, except for maternal care products. 09/25/2023: Full name changed from "TECHNIKA DLYA DOMU PHILIPS" LLC to "VERSUNI" LLC | The record about the founder PHILIPS DOMESTIC APPLIENSIS HOLDING B.V. has been deleted. The record about the founder of PHILIPS DOMESTIC APPLIENSIS NETHERLANDS B.V. has been deleted. VERSUNI HOLDING B.V. becomes the new founder of the organization. VERSUNI NETHERLANDS B.V. becomes the new founder of the organization - an internal agreement."
Source
Has Philips left the Russian market? September 19, 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. ”
Company status according to the analysis: online sales are still available in Russia, but new marketing campaigns are temporarily suspended
Source
Brands: Philips Hue, IntelliSpace Critical Care and Anesthesia (ICCA), Lumify.
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