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  Communiqué de la société DELFINGEN INDUSTRY du 25/03/2022

  25/03/2022 - 09:00

DELFINGEN INDUSTRY : The DELFINGEN Group decides to suspend its activities in Russia


Anteuil, March 25th, 2022

The DELFINGEN Group decides to suspend its activities in Russia

DELFINGEN has decided to suspend its activities in Russia, starting today. 

The DELFINGEN RU-Volga plant became part of the DELFINGEN Group on September 1, 2020 following the acquisition of Schlemmer. It employs 60 coworkers and an annual turnover of around €6 million for the financial year 2021, representing roughly 1.6% of the Group's total turnover.

A non-cash adjustment charge would be recorded at the time of the results for the first half of 2022 corresponding to the Group's equity contribution in Russia. This amounted to €2.4 million at December 31, 2021.

DELFINGEN is doing and will do its utmost to comply with French, European and international sanctions.


Due to the expected impacts of the Russia-Ukraine conflict, particularly in terms of the risk of supply of certain raw materials, the growth forecasts for global automotive production have been revised downwards to +6% compared to +9% previously (source: IHS March 2022).

DELFINGEN, with its global presence and leadership in the protection of onboard electrical networks, is a key player in sustainable and responsible mobility. As a result, DELFINGEN expects its sales to grow by 2 to 3 percentage points more than the market.

DELFINGEN, a global leader in protection and routing solutions
for electric and fluid on-board networks.

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  Original Source : DELFINGEN INDUSTRY