Xerox has stopped deliveries to Russia

American corporation Xerox Holdings Corp. it has stopped supplying its products to Russia and continues to monitor the situation in this country. This was stated by the company's Chief Financial Officer Xavier Heiss, MarketWatch reports.

"Nothing is delivered to the country," Heiss assured, referring to the company's deliveries to Russia.

According to him, Xerox, which employs people both in the Russian Federation and in Ukraine, has separate legal entities in both countries.

At the moment, the company does not generate significant revenue in any of the countries and is trying to comply with existing sanctions, he said.

At the same time, Heiss noted that he is aware of the threat of potential seizure of assets by the Russian government.

As you know, Xerox is an American corporation, one of the world leaders in printing and document management technologies, a pioneer of mass production of copiers. It was founded in 1906 under the name Haloid Company and was originally engaged in the production of photo paper. In 1958, the company was renamed Haloid Xerox, and in 1961 — Xerox Corporation.

Recall that on March 16, the head of the Ministry of digital development called on Qualcomm not to cooperate with Russia, because sales of goods in this country help kill thousands of Ukrainians. In response, Qualcomm vice president nett Tibbits said that Qualcomm adheres to the sanctions imposed by the United States, and does not sell its products to Russian companies.