Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionFarm equipment supplier from Netherland. APH Group is an export company of well-known brands of equipment and installations for professionals in the grain, potatoes, vegetables and irrigation business.
Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionAPH Group, an agricultural machinery distributor from Friesland, operates in Russia and has no intention of leaving there. It has several branches there and pays taxes and contributions to the Russian treasury.
Legal entity in Russia (LLC "AGRI 2.0"). The company is also trying to make money in Ukraine, by cashing millions of subsidies in the Netherlands to help 'rebuild' what was destroyed by russians. Just three weeks before the invasion in 2022 they merged with APH Group (registered in Holland). Revenue significantly (by more than -50%) decreased in 2024 vs 2023.
| September 10, 2024 | This Dutch company receives a subsidy to help Ukraine and does business with Russia |