VIENNA, June 15. /TASS/. Austria’s largest supplier of building materials Wienerberger decided to sell Russian assets and leave the Russian market due to the situation in Ukraine. The corresponding statement was published on Wednesday on the company's website.

"As a company aware of its responsibility, the Wienerberger Group decided to sell its Russian operations on account of the Russia-Ukraine conflict," the company said.

"In recent weeks, Wienerberger has been working intensively on a sustainable solution in order to preserve the employees’ jobs and guarantee safety and stability for their families on site. It was therefore agreed that the local management will take over the Russian business through a management buy-out. The parties decided not to disclose the purchase price," the company added.

A number of large foreign companies has already suspended activities in Russia due to the situation around Ukraine.

On February 24, Russian president Vladimir Putin announced that in response to a request by the heads of the Donbass republics, he had made a decision to carry out a special military operation. The Russian leader stressed that Moscow had no plans of occupying Ukrainian territories. After that the US, the EU, the UK and a number of other states announced that they would impose sanctions against Russian legal entities and individuals.