Polish firms active in Russia so far unaffected by sanctions
August 8, 2014
Polish companies operating in Russia have so far remained immune to the effects of the recent tensions between Russia and the EU, the daily Rzeczpospolita reports.
Juice and instant foods producer Maspex, employing 150 staff in its Russian plant, has so far had no problems with running business in the country, Maspex spokesperson Dorota Liszka said.
Industrials group Boryszew, which has a car parts plant in Nizhny Novgorod, is also confident about the future of its investment. In the long run the sanctions may paradoxically boost Boryszew's sales, as western car makers will be forced to conform to Russia's internal regulations and buy 60% of components from local producers, deputy CEO Pawel Surowka said.
Also Poland's biggest pharmaceutical producer Polpharma running business in Russia via a local unit faces no turbulence.