German conglomerate Bayer restricting all non-essential business in Russia and Belarus
MINSK. March 14 (Interfax) - German conglomerate Bayer is suspending all non-essential activities in Russia and Belarus, with the exception of supplying basic goods for health and agriculture, the transnational chemical and pharmaceutical corporation posted on its website on Monday.
"In response to the Russian invasion of Ukraine, Bayer has ceased all activities in Russia and Belarus not related to the supply of basic goods for health and agriculture," according to the statement posted on the website.
The conglomerate clarified that this means suspension of all investment projects, as well as advertising and marketing activities.
The company noted that it "has ethical obligations in every country in which we operate. Denying the civilian population basic medical and agricultural products, such as medicines for cancer or cardiovascular disease, health products for pregnant women and children, and seeds for growing food would only multiply the ongoing human losses in the war," Bayer stressed in the statement.