BUSINESS UPDATE: WAR IN UKRAINE END ITS POSSIBLE EFFECTS ON FORCIT’S OPERATIONS

We are deeply concerned of the current situation in Ukraine and hope that it will calm down as soon as possible.

FORCIT Group has been following this situation closely during the past year, and already in 2021, we saw a dramatical rise in raw material prices and disturbances in supply chain related to the escalating crisis.

As a result of this, we have taken proactive actions to ensure business continuity. We are continuously following the situation and its possible effects on Forcit’s operations (eg the impact of SWIFT payment restrictions on global supply chains).

We will also maintain our close dialogue with customers, suppliers, and partners to discuss the development of the situation and we will take further actions where needed.​​​​​​​

 

Do not hesitate to contact us, if you have any questions.

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FORCIT Explosives