The CEO of Śnieżka-Ukraine has decided to temporarily limit the company’s operations in connection with the situation in Ukraine, Fabryka Farb i Lakierów Śnieżka reported. The decisions concern the suspension of deliveries, as well as the temporary suspension of production from February 25 this year.
According to the information held by the company at the time of publishing this report, the property of Śnieżka-Ukraina is not at risk (its production plant is located in Jaworów, Lviv region). The Management Board of Śnieżka monitors the situation on an ongoing basis and, if it is identified, it will provide it in reports current and periodic, the company announced.
Fabryka Farb i Lakierów Śnieżka is one of the leading manufacturers of paints and varnishes in Poland. In 2003, it debuted on the Warsaw Stock Exchange. Its factories are located in Poland, Ukraine, Belarus and Hungary. In 2020, it had PLN 821 million of consolidated revenues.
Source: Śnieżka and ISBnews
