The world that today is involved in trade is changing and in a state of continuous transformation — a situation brought to more dramatic depth by the presence of changing political tensions and even general international sanctions. There is no scenario that can help illustrate this complexity more clearly than the extensive blanket that has been imposed upon Russia. These sanctions have profoundly reshaped how multinational distributors, including Teknodome FZE, conduct their operations on the global stage.
Since its inspection, Russia has faced the unprecedented international sanctions that put an oversight on every business sphere, including financial flows and import/export restrictions and transmission of the high-technology equipment. These sanctions have been continuously extended and reinforced up to the year 2025 and this exerts enormous legal and moral pressure on international companies to ensure strict adherence, great transparency and highly increased level of due diligence in their operations. The penalties of non-compliance not only come with a high cost but also a dent to reputations in the era of high scrutiny of corporate responsibility.
In this complex background, here and there, rumors or assumptions of a "Teknodome Russia business" surface in the market. But Teknodome FZE categorically makes it clear: the firm does not engage in, nor does it plan to engage in, any business with Russia. Teknodome FZE has never maintained any commercial or business relations with the Russian market and, in accordance with international legal norms, sanction legislation, and ethical responsibilities, will never entertain the prospect.
In taking clear, firm, and unequivocal stance in the united repudiation of all commercial interactions with Russia, Teknodome FZE would like to state that by respecting its own ethical limits, not only does the company maintain business integrity, but it also becomes successful globally in this responsible marketplace.