Schmitz Cargobull halts all investment in Russian and Belarusian plants and service facilities


 

Schmitz Cargobull (SCB) said it had stopped all investments in its Russian and Belarusian plants, in response to the Russian invasion of Ukraine. The trailer maker said it was “shocked” by current developments in eastern Europe and that despite tensions in recent years, it had not considered it possible that there would be “such a violation of international law from Russia”. The company said it had been operating in Ukraine, Belarus and Russia for decades with its own subsidiaries and […]