Demant breaks off all trading with Russia after GN boycott, WSA says supplying Russia "impossible"

Hearing aid manufacturer Demant has chosen to suspend all trade with Russia, in addition to Ukrainian regions Donetsk and Luhansk. WS Audiology says trading with Russia is ”de facto impossible” due to airspace restrictions, why the company has also halted sales.
Photo: Demant / PR
Photo: Demant / PR
BY ALBERT RØNNING-ANDERSSON, TRANSLATED BY DANIEL PEDERSEN

It is not only hearing aid group GN Store Nord that has decided to suspend all trading with Russia following its invasion of Ukraine.

The company competitor Demant, the world’s second-biggest hearing aid manufacturer, now joins the ranks, the company’s vice president of corporate communication, Trine Kromann-Mikkelsen, tells MedWatch.

”Based on sanctions coming into force from yesterday (Tuesday, ed.), we have now halted trades with Russia, Belarus and the regions in Ukraine, Donetsk and Luhansk,” she writes in an email.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters
!
Must contain at least 2 characters
!
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Further reading