Ericsson—Ericsson suspended all business in Russia indefinitely following invasion of Ukraine
Ericsson suspended deliveries to Russian customers in late February 2022, immediately after Russia's invasion of Ukraine. On April 11, 2022, the company announced it would suspend its affected business in Russia indefinitely, citing the invasion and EU sanctions. Ericsson recorded a SEK 900 million (~$95 million) provision for impairments and exceptional costs in Q1 2022, and placed approximately 600 Russian employees on paid leave. Ericsson had no manufacturing operations in Russia; its major Russian customers included MTS and Tele2. The move mirrored a broader wave of Western corporate withdrawals from Russia following the invasion (e.g., Nokia's suspension in early March 2022).
Scoring Impact
| Topic | Direction | Relevance | Contribution |
|---|---|---|---|
| Authoritarian Compliance | -against | primary | +1.00 |
| Overall incident score = | +0.664 | ||
Score = avg(topic contributions) × significance (high ×1.5) × confidence (0.59)× agency (reactive ×0.75)
Evidence (1 signal)
Ericsson announces indefinite suspension of business in Russia, records SEK 900M provision
Ericsson's official press release announcing that, in light of the invasion of Ukraine and EU sanctions, it would suspend its affected business with customers in Russia indefinitely, having already suspended deliveries in late February 2022. The company recorded a SEK 900 million provision in Q1 2022 and placed roughly 600 Russian employees on paid leave, stating the priority was staff safety and well-being.