Kesla, a manufacturer of forest machine technology, has canceled deliveries of approximately EUR 10 million from its order backlog to the Russian company Amkodor-Onegon. As a result of the decision, the company will record a total expense and impairment provision of EUR 280,000 for the current quarter. The withdrawal is justified by the sanctions already in force, the interpretation of which has been clarified. The development of the geopolitical situation also contributed to this. The company says it is preparing for the sanctions in the Russian ...
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