Corporate Update

PTC Stands with Ukraine, Discontinues Business in Russia


  • March 3, 2022

BOSTON – March 3, 2022 – PTC (NASDAQ: PTC) today issued the following statement regarding the Russian invasion of Ukraine: 

“PTC stands with the Ukrainian people and condemns the Russian invasion of Ukraine in the strongest possible terms. In response to this unprovoked invasion, which continues to result in unnecessary loss of life and has forced so many Ukrainians to flee their homes and seek safety, PTC will discontinue all business operations and sales in Russia. At this critical moment, the human impact of this tragedy needs to be front and center. PTC, through its foundation, will donate $1 million to support humanitarian efforts for the Ukrainian people. PTC joins all those around the world calling for peace and the fastest possible end to this conflict.”


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