LG Electronics Stops All Shipments to Russia

LG Electronics, specialized in the production of electronics and home appliances, has announced a halt to all shipments to the Russian Federation. This was reported on the company's website on Friday.

“LG Electronics is halting all shipments to Russia and will continue to closely monitor the developments in the situation,” the statement reads. “We are deeply concerned about the health and safety of all individuals, and LG remains committed to supporting humanitarian efforts.”

However, the company did not specify what situation it was referring to, TASS reports.