Henkel has announced that it will continue doing business in Russia for the time being despite the country’s invasion of Ukraine.
 
The group, which has around 2,500 employees in Russia, stopped all investments as well as advertising and sponsoring measures in the country in early March, but CEO Carsten Knobel says that Henkel bears responsibility for its employees.
  
“This is sometimes viewed very critically by the public. So, it is important to me to stress we are fully applying all applicable sanctions,” Chairperson Simone Bagel-Trah told shareholders at the group’s annual general meeting.
 
Bagel-Trah added that Henkel’s management would follow current geopolitical developments very closely and take further measures if necessary.

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