The Recycler
  • Ambiente 2025 Masthead
  • Katun Masthead Nov 2024
  • Biuromax Masthead web banner March 2024
  • G&G Masthead August 2024

Konica Minolta stops transactions with Russian subsidiary

March 3, 2022

In a letter to customers and partners, Konica Minolta has stated that its subsidiaries will be impacted due to the conflict between the two countries.

The letter published by Konica Minolta read as follows:

Dear Valued Customer / Partner,

In the middle of Europe we are now facing a dreadful, despicable and devastating conflict. As Konica Minolta Europe we are condemning any act of violence and warfare.

Naturally, we are adhering to the sanctions imposed by the international community including the EU, USA and Japan. Also, due to the sanctions for the financial sector and internal measures taken by the Russian government, payments between our European headquarters and Konica Minolta Business Solutions Russia have been suspended for now. We regret that this might have an impact on our colleagues in Russia, but we hope for their understanding.

We deeply regret that this might have an impact on your business as well and we hope for your understanding.

Our thoughts and very best wishes are with our colleagues in Ukraine. We are in touch with our colleagues from Ukraine and are making sure they have housing, medical and psychological care and food when entering a neighboring country and we want to express our gratitude towards our colleagues in Poland, Hungary, Romania, Czech Republic and Slovakia who are touchingly taking care of our Ukrainian colleagues and their families. We also ask our colleagues in Russia for understanding. After all, we at Konica Minolta are all part of a European family and surely no one, of any given nationality, is in favor of a war – anywhere, at any time.

May this end as soon as possible to avoid further misery and suffering,

Tadahiko Sumitani, President Konica Minolta Business Solutions Europe & European Management of Konica Minolta Business Solutions Europe

Konica Minolta is not the only OEM who has taken this action. HP also announced a few days ago that it has stopped shipments to Russia.

Categories : Around the Industry

Tags : Business Impact Konica Minolta Russia

  • Static Control June 2022 Big & Bold Ad
  • Apex Web ad Nov 2024
  • Cartridge Web Nov Web Banner
  • Biuromax Nov 2024 Web Ad
  • TN Core Nov Web advert
  • IR Italiana Web ad January 2021
  • GM Technology Nov Web Ad
  • G&G web advert October 2024
  • Ink Tank No Web advert
  • Denner Feb 2024 Web Ad
  • Mito Web banner June 2024
  • CET Web ad December 2023
  • denner UK Web Banner Jul 2024
  • Zhono Web ad March 2024
  • HYB Web banner Jan 2024
  • PCL Nov Web advert
  • ITP Web ad January 2021
  • HYB Web banner Jan 2024
  • PCL Nov Web advert
  • CET Web ad December 2023
  • Mito Web banner June 2024
  • Zhono Web ad March 2024
  • ITP Web ad January 2021
  • Denner Feb 2024 Web Ad
  • denner UK Web Banner Jul 2024
  • ITP Web ad January 2021
  • CET Web ad December 2023
  • PCL Nov Web advert
  • HYB Web banner Jan 2024
  • Zhono Web ad March 2024
  • Mito Web banner June 2024
  • Denner Feb 2024 Web Ad
  • denner UK Web Banner Jul 2024

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2023 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark