Wintershall Dea Withdraws From Its Business in Russia
Stating boldly that "Russia's war of aggression in Ukraine is incompatible with our values and has destroyed cooperation between Russia and Europe," CEO Mario Mehren of Wintershall Dea announced on Tuesday of this week the complete withdrawal of the company's business in Russia, causing a $8 billion loss at parent company BASF in Ludwigshafen, Germany.