Novo Nordisk maintains factory in Russia: "An ethical dilemma"

Novo Nordisk is not trying to divest its factory in Russia, says CEO Lars Fruergaard Jørgensen.
Novo Nordisk CEO Lars Fruergaard Jørgensen during a press conference at Novo Nordisk in Danish city Bagsværd on Wednesday, Jan. 31, 2024. | Photo: Mads Claus Rasmussen
Novo Nordisk CEO Lars Fruergaard Jørgensen during a press conference at Novo Nordisk in Danish city Bagsværd on Wednesday, Jan. 31, 2024. | Photo: Mads Claus Rasmussen

Since Russia’s invasion of Ukraine in 2022, a large number of Western companies have withdrawn from the Russian market. 

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