Breaking News: Danfoss Resumes Business in Ukraine

Danfoss announced that it has restarted business activities in Ukraine to help the war-torn country restore critical infrastructure in damaged towns and cities, the company said in a May 3 press release.

Danfoss ceased business activity in Ukraine after Russia invaded the country on Feb. 24. 

“It is key for us to continue supporting our customers in Ukraine,” Adam Jedrzejczak, president of Danfoss East Europe region, said in the press release. “It is not only the right thing to do, but our products are also key components for the critical infrastructure [that] 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 Danfoss employees decided to stay in Ukraine, according to the press release, but about 40 families were evacuated by the Danfoss crisis team in February. The families have been living in various European countries, including Poland, Germany, Denmark, and Spain.

All evacuated employees and their families are relatively well, the press release said, and Danfoss, headquartered in Denmark, continues to be in close contact with them and also with employees who remained in Ukraine. 

Ukraine remains an important market for Danfoss in the Eastern European region, the press release said. It quoted the Kyiv School of Economics, which estimates the cost of direct damage to Ukraine’s infrastructure at $63 billion. 

Danfoss will contribute to “the rebuilding of district energy infrastructure, commercial and residential buildings as well as water and wastewater treatment utilities,” the press release said. 

“The safety and security of our team remains our key priority, and despite uncertainties, it has been key for Danfoss to resume business activities in the country as quickly as possible,” the press release said. “For now, customers can pick up their products at a so-called cross-docking warehouse that we have established in the city of Lviv.”

“Our team in Ukraine is eager to come back to their work,” Andriy Berestyan, general manager in Danfoss Ukraine, working out of Lviv, said in the press release. “They want to play their part in rebuilding their home country. They are extremely motivated, and Danfoss products are important to help rebuild our country’s infrastructure.” 

For more information, visit www.danfoss.com.