Danish pump manufacturer Grundfos has announced that it is closing its business in Russia and Belarus and dismissing employees. This was announced in a statement on August 24.
On March 3, 2022, Grundfos paused its business in Russia and Belarus. Since then, Grundfos has been winding down its operations. As there is no indication that the situation will change, Grundfos has decided to close its business in Russia and Belarus completely.
This marks the end of Grundfos' 23-year presence in Russia.