Baker Hughes Announces Update on Russia Operations
20 March 2022 - 2:15AM
Business Wire
Baker Hughes (NASDAQ: BKR) (“Baker Hughes” or the “Company”)
announced it has suspended new investments for its Russia
operations. The Company is continuing to comply with applicable
laws and sanctions as it fulfills current contractual
obligations.
“The crisis in Ukraine is of grave concern and we strongly
support a diplomatic solution. We condemn violence and our hearts
go out to the people and families of those impacted,” said Lorenzo
Simonelli, chairman & CEO of Baker Hughes. “The health and
safety of our employees, customers, partners, and their families
always remains our top priority. We have been continuously
monitoring the situation, and today’s announcement follows an
internal decision made with our Board of Directors and communicated
to our leadership team earlier this week. We remain committed to
act in full compliance.”
About Baker Hughes:
Baker Hughes (NASDAQ: BKR) is an energy technology company that
provides solutions to energy and industrial customers worldwide.
Built on a century of experience and conducting business in over
120 countries, our innovative technologies and services are taking
energy forward – making it safer, cleaner and more efficient for
people and the planet. Visit us at bakerhughes.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220319005021/en/
Investor Relations Jud Bailey +1 281-809-9088
investor.relations@bakerhughes.com
Media Relations Thomas Millas +1 713-879-2862
thomas.millas@bakerhughes.com
Bakers Footwear (NASDAQ:BKRS)
Historical Stock Chart
From May 2024 to Jun 2024
Bakers Footwear (NASDAQ:BKRS)
Historical Stock Chart
From Jun 2023 to Jun 2024
Real-Time news about Bakers Footwear Grp. (MM) (NASDAQ): 0 recent articles
More Bakers Footwear Grp. (MM) News Articles