FONTENAY-AUX-ROSES, FRANCE — PCB supplier ICAPE Group has announced that it is ending its operations in Russia.
In a statement released by the company, ICAPE Group said it had decided to terminate its Russian operations and stopped taking orders on Jan. 1. Negotiations on the condition and exit of the company's assets are underway and should be concluded as as soon as possible, and the withdrawal from Russia should not have a significant impact on revenue and results, the company said.