Float glass manufacturer Guardian Glass is to continue manufacturing in Russia, its owner has said.
Koch Industries said it employs approximately 600 people in two glass production facilities.
Chief Operating Officer Dave Robertson said the company has no other physical assets in Russia and that Koch is complying with sanctions and regulations regarding Russia.
“While Guardian’s business in Russia is a very small part of Koch, we will not walk away from our employees there or hand over these manufacturing facilities to the Russian government so it can operate and benefit from.
“Doing so would only put our employees there at greater risk and do more harm than good.
“To be clear, Koch companies are complying with all applicable sanctions, laws and regulations governing our relationships and transactions within all countries where we operate."