25. October 2022 | Markets & Companies
Coatings maker Hempel released a statement that the company’s products were indirectly delivered to the construction of the Kerch Strait Bridge, Simferopol Airport in Crimea and some Russian naval projects. The company denounces “that our products ended up on these assets”.
According to the statement, the company opened an investigation which confirmed that Hempel A/S did not violate EU sanctions.
Image source: Mediamodifier – Pixabay (symbol image).
According to a recently released statement, in 2019 during a routine internal audit of Hempel Russia subsidiary, Hempel A/S learned that, without its knowledge, products had been indirectly delivered to the construction of the Kerch Strait Bridge, Simferopol airport in Crimea as well as certain Russian naval projects. The company “firmly” denounces “that our products ended up on these assets”.
The statement continues: “When Hempel A/S became aware of this, we immediately blocked a large number of Russian customers who were indirectly distributing products and further tightened our order screening. We have also appointed a full-time Russian-speaking Compliance Officer at Hempel. Russia to ensure that Hempel Russia abides by international law as well as our own rules and code of conduct.”
“The employees of Hempel Russia deceived us”
According to the statement, the company has launched a thorough internal investigation, supported by external legal and forensic experts, which confirmed that Hempel A/S did not violate EU sanctions. “It showed, however, that some Hempel Russia employees deceived us by causing Hempel coatings to be indirectly delivered to these projects. This was and is against Hempel A/S’s own rules and code of conduct. “
The statement concludes: “Hempel A/S has a policy of zero tolerance for violations of its internal rules and, as a direct result of these actions, prompt action has been taken to terminate the employment of those who have breached the rules. Hempel A/S’ internal rules regarding compliance with sanctions were clearly established and communicated, but deliberately violated by some Hempel Russia employees.”
Hempel has since announced the permanent closure of its activities and operations in Russia.
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