Signify is weighting presence in Russia

Signify has discontinued its activities in Ukraine, but is keeping in daily contact with all its employees and monitoring their safety conditions.

'We are providing unrestricted financial support to our Ukraine employees and their families, based on individual circumstances,' Signify says. 'We are also supporting our Ukrainian colleagues in Poland and Hungary, many of whom are seeking to reunite with their families.'

The Signify Foundation is simultaneously working with the UN Refugee Agency, United Nations Population Fund, GlobalMedic and the Philips Foundation to identify the lighting needs for relief and assistance inside and outside Ukraine.

Signify is currently reviewing the implications of the recently announced sanctions in Russia.