Danfoss Power Solutions (Danfoss) says it has restarted its business activities in Ukraine. The multi-industry hydraulic component manufacturer halted trading in the country after its war with Russia began following the latter's invasion.
Danfoss’s resumed business in Ukraine will focus on restoring critical infrastructure in damaged cities and towns.
Adam Jedrzejczak, president of Danfoss East Europe region, said: “It is key for us to continue supporting our customers in Ukraine. It is not only the right thing to do, but our products are also key components for the critical infrastructure which needs to be rebuilt. Thanks to Danfoss’s products, residents in some of the most badly damaged areas of Ukraine will again have access to heating and hot domestic water.”
Most Ukrainian employees decided to stay in Ukraine, but families were evacuated in February by the Danfoss crisis team. As safety levels in most parts of Ukraine are improving, employees are starting to move back. Currently, 40 Ukrainians – including 8 Danfoss employees – are in Poland. Other colleagues and family members have been safely moved elsewhere. Currently, there are 16 Ukrainians in Germany, 6 in Denmark, 4 in Spain, 3 in Slovakia and 2 in Austria. All evacuated employees and their families are relatively well, and Danfoss continues to be in close contact with all families, both the evacuated families and those remaining in Ukraine.
Danfoss, a manufacturer whose varied industries’ product portfolio includes hydraulic components for off-highway machinery such as excavators and bulldozers, says Ukraine remains an important Eastern European market for the firm.
According to The Kyiv School of Economics, the cost of direct damage to Ukraine’s infrastructure has already reached the level of US$63 billion. Therefore, solutions such as those provided by Danfoss are critical as they positively impact the rebuilding of district energy infrastructure, commercial and residential buildings, and water and wastewater treatment utilities.
A company spokesperson said the safety and security of the Danfoss team remain its key priority. Despite uncertainties, it has been key for Danfoss to resume business activities in the country as quickly as possible. For now, Ukranian customers can pick up their products at a so-called cross-docking warehouse that the company has established in Lviv.
General manager in Danfoss Ukraine Andriy Berestyan, working out of Lviv, said: “Our team in Ukraine is eager to come back to their work. They want to play their part in rebuilding their home country. They are extremely motivated, and Danfoss’s products are important to help rebuild our country’s infrastructure.”
