Obi Group discontinues operations in Russia

Obi Group has decided to stop its business in Russia. The company is deeply concerned about the tragic developments and consequences of the war in Ukraine, says a statement from Obi. “This war and its consequences have already a massive impact on people and unforeseen effects on our business operations, which make it impossible to continue our business”, says the company. Obi Russia employs around 4,900 people in 27 stores and is part of the Obi Group, which is headquartered in Germany and operates stores in eleven European countries.