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Japan's Hitachi to suspend Russia operations after Ukraine request: Nikkei

Influential proxy advisory firm Institutional Shareholder Services (ISS) has advised against Toshiba Corp's break-up plan to be put to a vote on March 24, the Nikkei business daily reported

Hitachi
Hitachi to suspend operations in Russia following a request from Ukraine
Reuters Tokyo
1 min read Last Updated : Mar 10 2022 | 11:21 AM IST
Japan's Hitachi decided on Thursday to suspend operations in Russia following a request from the Ukrainian government to do so, the Nikkei newspaper said.
 
Hitachi produces and sells construction machinery in Russia, but had received a letter from the vice president of Ukraine asking for operations to be suspended following Russia's invasion of Ukraine, it added.


Topics :nikkeiProxy advisory firmsJapanHitachiRussia Ukraine ConflictUkraineRussia

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