Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed

AGC Inc formerly Asahi Glass Co., Ltd.'(旭硝子株式会社), is a Japanese global glass manufacturing company, headquartered in Tokyo.

 
 
 
 

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed
Revenue(RF), mln.USD
264
Assets(RF), mln.USD
228
Capital(RF), mln.USD
161
Glob.Revenue, mln.USD
15488
Staff(RF), 2021
851
Taxes(RF), mln.USD
13

Had working production in Russia.

The Company Statement
February 28, 2024

Have working production in Russia, will suspend investments in Russia, including for the repair of industrial furnaces, in addition, will reduce the production and supply of glass to automakers in the Russian Federation. Plans Russia business transfer. Japan's AGC, which is the world's largest glass producer, sold its Russian business. Borsk glass factory (BSZ) and Klinsk glass factory were acquired by St. Petersburg holding "Adamant", which is one of the largest glass processors in Russia. The price of the deal is not known. 02.2024: Leitis Igor Mikhailovich becomes the new founder of the organization AGC Flat Glass Clean LLC. The entry about the founder of "AGC GLASS EUROPE" JOINT STOCK COMPANY was removed from the Unified State Register of Legal Entities. That's not possible to verify new owners of JSC "AGC BSZ".

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Statements Archive
February 27, 2024LLC "AGC FLAT GLASS CLEAN" - p. Spas-Zaulok – General Director Knyazev S. Yu. – Taxpayer Identification Number 5020033028
February 22, 2024Japanese glass manufacturer AGC announced the sale of two of its factories in Russia
February 21, 2024The largest manufacturer of automotive glass in the Russian Federation has changed its owner
March 04, 2023AGC Completes Transfer of Russian Operations
February 24, 2023Japanese firms split on staying in business in Russia
February 13, 2023AGC Considers Leaving Russia
February 09, 2023AGC Sinks into Loss in FY22; Plans Russia Business Transfer, 50 Billion Yen Share Buyback
January 16, 2023JSC "AGC BSZ" – Bor – Director Knyazev S. Yu. – INN 5246002261
March 18, 2022The Current Status of the AGC Group’s Business Operations in Ukraine and Russia
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