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6 Articles
FLSmidth may have violated EU sanctions against Russia, the company's own investigation shows.
FLS knew about possible breach of Russia sanctions as early as 2025Denmark's major supplier to the mining industry, FLSmidth, has come under the spotlight after it emerged earlier Friday that the group is in
FL Smidth points out that the company may have violated the sanctions rules against Russia.
The listed Danish company FLSmidth, which primarily works in the mining industry, said in a stock exchange announcement that it has "identified information indicating that certain draft pre-contractual tender documents have been provided to individuals in Russia in connection with a limited number of potential projects in Kazakhstan," writes Finans. This would constitute a breach of Western sanctions against Russia.
The Danish giant has notified relevant authorities of possible violations of the sanctions.
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