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Company Response

13 May 2024

Author:
HiTEC RCD

HiTec RCD response

Hitec RCD appreciates the opportunity to address the report published by the KSE Institute. Hitec RCD is deeply committed to conducting our business in compliance with all applicable laws and regulations and upholding the highest standards of ethics and corporate responsibility in all our operations. While we consider very seriously any allegation that our products may have been utilized in any improper manner, Hitec RCD has not, does not, and will not knowingly sell our products to Russia or any other high-risk or prohibited countries. Despite our best and earnest efforts, we recognize that in the complex global marketplace, there may be bad actors who could illicitly or deceptively obtain goods without our knowledge or consent that contravene our business practices and values. Hitec RCD continuously reviews and strengthens our corporate export control and sanctions compliance programs. They include screening and due diligence of our distributors and customers around the globe. Where appropriate, Hitec RCD also cooperates with law enforcement and government authorities to ensure that our products are not used for malicious purposes. Hitec RCD remains vigilant in our compliance efforts and is committed to continuous improvements in our compliance framework and policies.

Part of the following timelines

Western components found in weapons used by Russia in Ukraine show issues in export control enforcement, according to new report; incl. cos. response & non-response

Products of over 250 Western companies repeatedly found in Russian weapons on Ukraine’s battlefield expose issues in export controls enforcement, according to new report; incl. cos. responses & non-responses