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SAP Sap SE

169.16
-0.72 (-0.42%)
13:59:03 - Realtime Data
Share Name Share Symbol Market Type
Sap SE TG:SAP Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.72 -0.42% 169.16 169.14 169.16 170.30 167.60 170.00 9,462 13:59:03

SAP Pauses Sales to Russia

03/03/2022 10:34am

Dow Jones News


Sap (TG:SAP)
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From May 2021 to May 2024

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By Ed Frankl

 

German software company SAP SE has paused sales to Russia in response to the country's invasion of Ukraine, it said Wednesday.

"We are stopping business in Russia aligned with sanctions and, in addition, pausing all sales of SAP services and products in Russia," SAP's Chief Executive Christian Klein said in a blog post on the company's website.

"We are in constant exchange with governments around the world, have every confidence in their guidance, and fully support the actions taken so far," he added.

SAP, Germany's largest listed company by market capitalization, said it would also offer its technology to the Red Cross and other agencies to support humanitarian efforts.

 

Write to Ed Frankl at edward.frankl@dowjones.com

 

(END) Dow Jones Newswires

March 03, 2022 05:19 ET (10:19 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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