Logitech to wind down remaining operations in Russia

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MOSCOW (Reuters) – Logitech (NASDAQ:LOGI) International said on Monday it would wind down its remaining operations in Russia due to the “ongoing uncertain environment”, joining other major technology and telecoms businesses to announce plans for a complete exit.

“In March, we communicated that Logitech would stop shipments to Russia,” Logitech said in a statement. “We have monitored the situation closely and regrettably, the circumstances do not allow for us to continue to do business as before.”