Obi finally withdraws from Russia

The 27 Obi stores in Russia, along with the company’s online presence in the country, have ceased to operate as of today, 17 March 2022. Germany's largest DIY store operator is therefore pursuing a different strategy than the French Adeo Group, which has not opted for a (temporary) closure of its 110-plus DIY stores in Russia. Obi said in a press release sent out today that it was "permanently discontinuing" its business activities in Russia. It added: "This war is directed against freedom and democracy and thus contradicts Obi's core values."

Furthermore, in Obi's press release, the company's logo is shown right next to the Ukrainian flag. In the information on the company's location policy, the Russian Obi stores have been removed from the press release.