The American company IBM, which produces hardware and software, announced the suspension of all operations in Russia, follows from a statement by the company's CEO Arvind Krishna.

“I've heard from many of you in response to last week's announcement regarding the war in Ukraine, and I appreciate your feedback. First, let me be very clear -- we have suspended all business in Russia. In addition, I want to give you an update on a few of the efforts underway to support our colleagues in the region," he said.

The CEO added: "IBMers around the world are encouraged to continue making donations to the International Red Cross. In addition, the company is donating to two organizations that are providing critical support to the most heavily impacted areas: $250,000 to People in Need in Czech Republic, and $250,000 to Polish Humanitarian Action in Poland."