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No tool for Putin: Walter quarrels with sanctions evaders

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No tool for Putin: Walter quarrels with sanctions evaders

The first working day after Russia’s attack on Ukraine in 2022 was no longer a normal working day for Walter in Russia. On that Monday, the Tübingen tool specialist with almost 4,000 employees worldwide buried its Russian business. Walter’s Swedish parent company Sandvik, a giant with 44,000 people worldwide, cut the channels at the same time and quantified the direct costs of the withdrawal …

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