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    ESI Suspends Business Operations in Russia, Belarus

    PARIS, France, May 20, 2022 – In the light of recent events and Russia’s invasion of Ukraine, ESI Group has decided to take temporary yet strict measures, effective for a few weeks now, in response to global calls for supporting Ukraine. ESI has decided to suspend all business operations within Russia and Belarus. Besides, the Group will, unquestionably, continue to abide by the international export control rules, as well as the global tech community’s actions regarding the evolution of the situation.

    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.

    ESI is fully mobilized to act swiftly and remains alert and proactive in this fast-changing global situation.

    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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