Dear customers and valued partners,

 

FBC group of companies, including FBC Logistics Canada Inc., will no longer support projects in Russia, will not provide capital for new projects in Russia, and stops FBC containers supply from Russia.

We support the plan adopted by the European Union to impose sanctions. We have decided to implement them going forward, regardless of the commercial consequences faced by our business.

Our production lines, assembly lines, as well as containers maintenance, had been taking place in Russia, with distribution hubs ex Ukraine, Germany, and the Netherlands. Amid the challenging operating environment, as well as the growing threat from military aggression against Ukraine, we’re closing our operations and business activity effective February 22nd, 2022.

 

The remaining obligations under current open contracts will be fulfilled by the alternative sourcing ex China, with no new projects ex Russia effective above-stated date.

 

Sincerely,

FBC Logistics team