WE STRONGLY STAND IN A SUPPORT OF UKRAINE AND ITS PEOPLE CURRENTLY UNDER THE ATTACK BY THE RUSSIAN MILITARY.
What is Yukon’s position regarding the Russian military aggression against Ukraine?
Our company supports the Ukrainian people and believes that the military aggression of one state against another sovereign state in the 21st century is unacceptable and illegal. The Company took a firm position in providing comprehensive assistance to refugees from Ukraine who came to Lithuania and Latvia.
From 2022 to 2024, approximately 4 million euros were allocated to various social initiatives, part of which was designated to support Ukrainian schools operating in Vilnius, the Ukrainian TV channel, participation in the public “RADAROM” project, and the support of various social organizations, such as Stiprūs kartu, Litua, Common Ground, the Red Cross in Lithuania and Latvia, among others.
We remain committed to supporting Ukraine in its pursuit of freedom and will continue to provide aid and assistance in any way we can.
Support to our team in Ukraine.
Our Company has a branch in Ukraine, and its employees are currently in the war zone. Some of them with family members were relocated to Lithuania. Some remain in Ukraine, and we do our best to support them.
Do we deliver products to the Republic of Belarus and the Russian Federation?
We adhere to a strict Export and Sales Restriction Policy whereby the solutions and products we develop, and manufacture are for civilian use ONLY. The Company does not develop or provide solutions and/or products for the military industry or has ever worked for the military industry.
Most of the Company’s digital and thermal devices are sold under a special export control license, which restricts the movement of such products from one country to another, even within the European Union.
Our company has a clear position that its products are not supplied to zones where military conflicts are taking place or to those countries that, according to local and/or international legislation, are on the sanction’s lists. Due to the Russian military aggression against Ukraine, we have canceled all activities on the territory of the Russian Federation, the Republic of Belarus, and Central Asia & Caucasus countries (Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, etc.).
What about the entities in the Russian Federation and Belarus?
Yukon Group has no presence and conducts no activities in the Russian Federation. Currently, the process of liquidating the legal entity is underway. This is a lengthy and complex legal procedure, and we cannot predict how long it will take to complete. The entity in Belarus has no operations, and a new potential owner is being sought.
Do we deliver products to Ukraine?
We strictly comply with the EU regulations and applicable laws regarding dual-use devices. We consult with the Governmental authorities, and refrain from further comments on this matter.
In which countries is the production of Pulsar devices currently taking place?
The main production facilities are in Lithuania, Latvia, Poland, and the UK.