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Nokia leaves the Russian market completely

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Nokia leaves the Russian market completely
Nokia completely curtails work on the territory of the Russian Federation. Previously, the company stopped supplying new equipment.

Nokia leaves the Russian market completely


A post on the brand's website says that Nokia has already frozen shipments and new business projects, as well as moved R&D activities out of Russia. Now the company is completely leaving the market. The statement also said that Nokia's top priority is the safety and well-being of its employees.

At the same time, the brand intends to continue to provide proper support for the maintenance of existing equipment, for which applications for the issuance of the necessary license agreements will be submitted. According to data provided by Nokia, Russia brought a negligible 2% of net income from sales of products, so the exodus from Russia will have little effect on revenues.
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