German chemical giant suspends investment in Russia

Bayer suspends investments and advertising in Russia. Also, the company will suspend the opening of new projects in the country, the Bayer press service reported.

It is reported that the company will continue to supply its products to Russia, despite the calls to stop export.

“Our position is that this useless war has already taken away many lives. Like a pharmaceutical company, we have ethical obligations in each country in which we work. If we give up the deliveries necessary to our customers, including oncoboles, People suffering from heart diseases, or pregnant women, it will lay out even greater carnage on humanity, “the company says.

It is noted that the company has already supplied seeds to Russia for 2022, but will “closely monitor the political situation” and will decide on supply for 2023, depending on the development of the conflict in Ukraine.

Bayer is one of the world’s largest pharmaceutical companies. In addition to drugs, it produces products to protect plants from pests and diseases. The concern delivers not only medicines to Russia, but also seeds.