18.03.2022

Activities in Russia Temporarily Suspended

Due to the current military conflict in Ukraine and its political-economic impact including the embargo guidelines and embargo consequences that also apply to German companies, M&C has decided to maintain its existing Russian subsidiary in St. Petersburg but to suspend its activities for the time being.

It is not foreseeable when the activities can be resumed – in this respect, the situation is completely open and currently unclear. M&C aims to reinstate the subsidiary within the framework of existing possibilities as soon as all the necessary stable legal and economic conditions are in place again.

If you have any questions in connection with pending or future transactions, please do not hesitate to contact us at the following telephone number +49 2102 935 106.

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