Friday, April 19, 2024

ESI Stops Business Activity in Russia & Belarus

PARIS, France, Oct 20, 2022 – Further to its first statement on Russia’s invasion of Ukraine, ESI has decided to take permanent and strict measures to stop definitively all business operations within Russia and Belarus. The representative office based in Ekaterinburg is also closed.

ESI stands in support of Ukraine and strongly condemns the violence the Ukrainian population is confronted with. Our thoughts are with them, and we hope for a swift end to the hostilities.

About ESI Group

Founded in 1973, ESI Group envisions a world where Industry commits to bold outcomes, addressing high stakes concerns – environmental impact, safety & comfort for consumers and workers, adaptable and sustainable business models. ESI provides reliable and customized solutions anchored on predictive physics modeling and virtual prototyping expertise to allow industries to make the right decisions at the right time, while managing their complexity. Acting principally in automotive & land transportation, aerospace, defense & naval, energy and heavy industry, ESI is present in more than 20 countries, employs 1200 people around the world and reported 2020 sales of €132.6 million.

ESI is headquartered in France and is listed on compartment B of Euronext Paris. For further information, visit www.esi-group.com.

Nitin Patil
Nitin Patil
Editor and Director of Content, DailyCADCAM.com. Nitin completed his Master's in Mass Communication & Journalism and having 13 years of work experience as an editor, content writer with renowned international technical magazines and media companies. He is associated with CAD,CAM industry since 2008.
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