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.
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.
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GN suspends all trading with Russia
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