Dinolift stops sales to Russia
07 March 2022
Finland-based access equipment manufacturer Dinolift has said it will no longer sell its products or spare parts to Russia or Belarus, in response to Russia’s attack on the Ukraine.
Karin Nars, managing director of Dinolift, said, “This will of course have an impact on both Dinolift and its customers. But that is a small price to pay compared to the price that the Ukrainian people and the ordinary Russian people are paying because of this war.
“We hope for peace, but we fear that the situation will get much worse before it gets better.”
Dinolift has a dealer in the Ukraine, Technopodjem, based in Kharkiv, but has not heard from them since the beginning of the attacks. “Our thoughts are with them and we wish them all possible courage in this terrible situation.”
When asked how the situation would affect Dinolift’s day-to-day operations, Nars commented, “Ukrainian people are forced to focus on saving their lives, their country and their independency.
“They are standing up for democracy with an incredible courage. I think buying machines is not on anyone’s agenda in Ukraine right now.
“As for Russia, the war is making it very hard for companies and the people in Russia. Maybe that will be the beginning of a change in the country,” she said.
“Russians who have international contacts both within business and personally should be able to form an objective opinion of what is happening right now.”
Nars added that the company expects costs of components and lead times to rise as a result.
“They will of course go up, as will other raw material prices. Supply-chain logistics will be even more difficult than they already were.
“It is hard to know the long-term consequences right now of this war, but as we know uncertainty is never good for business”
The gold standard in market research
Off-Highway Research offers a library of more than 200 regularly updated reports, providing forensic detail on key aspects of the construction equipment industry.
Our detailed insights and expert analyses are used by over 500 of the world’s largest and most successful suppliers, manufacturers and distributers, to inform their strategic plans and deliver profitable growth.