Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

Farm 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.

Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back
Revenue(RF), mln.USD
3
Staff(RF), 2021
20
Capital(RF), mln.USD
1
Assets(RF), mln.USD
2

APH 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.

The Company Statement
July 22, 2024

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).

September 10, 2024This Dutch company receives a subsidy to help Ukraine and does business with Russia
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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