Clean Break: the company completely halting Russian engagements or exiting Russia
Leave Withdrawal
APS Energia is a worldwide designer and producer of uninterruptible power supply systems applied in industrial objects.
Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalAPS Energia in Russia was grabbed by Russians and mother Company had to cover loses due to lost control on his Russian Division. On portal latest statement is related to scaling back, not for the Exiting all activity in Russia. APS Energia has EXITED completely from Russia.
Suspension of any investments on the Russian market. Suspension of operations of subsidiaries in Russia APS Traction and APS Invest. APS ENERGIA S.A.: Signing the Term sheet for the sale of the company Zależnej OOO APS Energia Rus. APS Energia has identified indications that it will lose control of its Russian subsidiary LLC APS Energia RUS at the end of 2024. As a result, a loss estimated at approximately PLN 14 million will be recognized in the 2024 report and a write-off of PLN 8.9 million will be created.