World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom

Products

Keep up-to-date with the latest new products and technology

Features

General articles, applications and industry analysis

Johnson Controls suspends business in Russia

USA: Johnson Controls has announced the suspension of its business in Russia in response to the invasion of Ukraine.

A statement on the company’s website announcing the decision says that it will fulfil existing contractual obligations “to the extent possible”, and in full compliance with sanctions, while not accepting new business or orders.

“Our decisions and actions reflect our steadfast values and our commitment to doing what is right. We are inspired by the incredible support that our employees, customers, partners, and communities are showing for Ukrainian people and their rights,” the statement says.

“We are working diligently to ensure we do the right thing for those that are impacted by this decision,” chairman & CEO George Oliver added on LinkedIn.

The American Irish-domiciled multinational conglomerate headquartered in Cork, Ireland, is a leader in HVAC, fire and security equipment for buildings, best known in the cooling industry for its York, Sabroe and Frick brands. A Fortune 500 company, Johnson Controls employs over 100,000 people in around 2,000 locations across six continents. Worldwide sales are over $22bn.

“Johnson Controls and our employees around the world offer our wishes for peace and stability for Ukraine and its people. We believe we all have a role to play in speaking up against violence, and we stand with people around the globe who have united in solidarity to promote peace.

“We are focused on ways we can assist our local teams and are providing support to the humanitarian relief efforts in the region. While we are thankful that all of our team members in Ukraine report to be safe, we remain committed to aiding relief efforts and supporting those in need, including those who may be affected as innocent bystanders in this horrific situation.

“Building on the strong foundation of our employees’ generosity and our dollar-for-dollar match, Johnson Controls will donate $250,000 to assist critical humanitarian relief efforts on the ground in Ukraine.”

Latest News

21st December 2024

Hoshizaki takes 51% stake in Vietnamese company

JAPAN,VIETNAM: Hoshizaki, the Japanese manufacturer of commercial food and beverage refrigeration equipment, has acquired a majority shareholding in Vietnamese company Asia Refrigeration Industry (ARICO).
20th December 2024

Giles Pratt set to retire

UK: Giles Pratt, sales specialist at Fujitsu General Air Conditioning UK, is set to retire after a career spanning 40 years in the UK air conditioning industry.
20th December 2024

Vertiv acquires centrifugal chiller technology

UK: Vertiv has invested in centrifugal chiller technology with the acquisition of certain assets of BiXin Energy Technology (Suzhou) Co (BSE).
20th December 2024

Mitsubishi Electric buys Irish agent

NETHERLANDS/IRELAND: Mitsubishi Electric Europe is to acquire all the shares of its Irish agent – air conditioning installation and maintenance company Crystal Air Holdings Ltd.
20th December 2024

Daikin joins green initiatives agreement

UK: Heat pump manufacturer Daikin has signed a memorandum of understanding (MoU) with the West Yorkshire Combined Authority to support jobs, skills training, warmer homes and more sustainable power.
19th December 2024

Foodservice equipment wins F-gas exemption

EUROPE: The foodservice industry has obtained a temporary exemption to a January 1 ban on certain self-contained refrigeration equipment under the new European F-gas regulations.