Report: LG denies news about plans to move production from Russia
SEOUL, Oct 21 (PRIME) -- South Korea's household equipment producer LG has denied media reports about its plans to move production from Russia to Uzbekistan or Kazakhstan, Newsis agency reported on Friday a representative of the company.
“Now the transfer of the plant is not being considered. (Media reports) do not correspond to reality,” the spokesperson told the agency.
Earlier in the day, business daily Kommersant reported citing a market source and a source close to the government of Kazakhstan that LG plans to relocate manufacturing from Russia to Uzbekistan or Kazakhstan.
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21.10.2022 17:02