German Auction House Ketterer Kunst Pulls Out of Russia

As a consequence of the Russian invasion and the ongoing war in the Ukraine, Germany's leading auction house Ketterer Kunst hast stopped doing business with clients in Russia.

"In the face of the dramatic events, we can't just stand inactively on the sideline. War crimes that call for urgent response are being committed in our European neighborhood", says Robert Ketterer, auctioneer and company owner of Ketterer Kunst. In a recent action, Ketterer Kunst spontaneously turned its last Online Only Auction into a benefit auction and raised € 45,000 as a donation for children in the Ukraine by waiving the total amount of the buyer's premium. "But that‘s definitely not enough", explains Ketterer. "In order to take a stand against the war, we also decided to stop doing business with Russia altogether."

In addition to the monthly Online Only Auctions, the upcoming live auctions will take place in Hamburg on May 30 (Rare Books) and in Munich on June 10/11 (Art from the 19th to the 21st Century).

Ketterer Kunst (www.kettererkunst.com and www.ketterer-internet-auctions.com) with headquarters in Munich and branches in Hamburg, Duesseldorf, Berlin as well as with a global network of representatives in, among others, the USA and Brazil, was founded in 1954. The auction house has a focus on Fine Art from the 19th to the 21st Century and Rare Books. In its market segment Ketterer Kunst is not only Germany's number one but also the leading house in the European Union. Ketterer Kunst is a specialist for German art, as well as for many international artist who are sought-after on the European market and who regularly realize record prices at Ketterer Kunst. According to the semi annual 2021 artprice database, Ketterer Kunst is the only and best-selling family business represented in the global Top 15.