Linde suspends business development for new projects in Russia

MOSCOW. March 21 (Interfax) - Linde, a leading international industrial gases and oil and gas engineering company, has suspended all business development of new projects in Russia.

"Linde is working with the relevant governments and authorities to ensure the company fully complies with international sanctions and is safely winding down affected projects in Russia. In addition, Linde has suspended all business development for new projects in Russia," the company said in a press release.

Linde "continues to closely monitor the situation in Ukraine and has taken steps to ensure the safety of its employees and the continuous delivery of critical medical oxygen."