Ericsson to wind down business activities in Russia over coming months
STOCKHOLM/MOSCOW (Reuters) -Ericsson said on Monday it will gradually wind down business activities in Russia over the coming months as the Swedish telecoms equipment maker completes its obligations to customers.
Source: www.reuters.com
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STOCKHOLM (Reuters) - Ericsson said on Monday it will gradually wind down business activities in Russia over the coming months as the Swedish telecom equipment maker completes its customer obligations.
The company, which suspended its business in Russia indefinitely in April, said it has about 400 employees in Russia and it would provide financial support to affected employees.
Reporting by Supantha Mukherjee in Stockholm, editing by Stine Jacobsen
