Ukrainian Crisis Makes Czech Drone Maker Withdraw from Russia
Czech and European news outlets reported that the current crisis unfolding between Ukraine and Russia is forcing a company that produces Unmanned Aerial Vehicles (UAVs) to halt their branch in the latter country. The company in question is the Czechia based Primoco UAV, which has business manufacturing drones. With Czechia being a NATO and EU member, as the crisis began, the company has faced several challenges in Russia and decided to shut down its operations at the end of January. As of now, Primoco UAV is still in business but not in Russia. After the halt, their Russian subsidiary AO Primoco BPLA was sold to Russian buyers.