Officials noted that Russia "in particular, where we have been present for many years, is an important market for us. We hope that the situation will soon change in such a way that we can resume our activities in both countries."
"Our priority now is the safety of our colleagues and their families in Ukraine and those that are leaving the country," Rehaus officials said.
They added that Rehau began preparing possible contingency plans some time ago and that "concrete help" is underway at various levels, including an emergency aid fund — Family for Families — which has been endowed by the company with "a significant sum" to provide immediate assistance and to support reconstruction. Rehau also has set up an account for donations from its 20,000 employees worldwide.
Rehau has annual sales of more than 4 billion euros ($4.3 billion), making plastic products for automotive, construction, furniture and other markets. The firm's Americas headquarters is in Lynchburg, Va.
It makes PVC windows and doors for the building and construction industry, injection molded bumper fascia and spoilers for the auto industry, cross-linked polyethylene pipes and other functional parts.