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

Exited Exit Completed

Arconic Corporation is an American industrial company specializing in lightweight metals engineering and manufacturing. Arconic's products are used worldwide in aerospace, automotive, commercial transportation, packaging, building and construction, oil and gas, defense, consumer electronics etc.

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

Exited Exit Completed

Top 100 largest companies in Russia by revenue

Top 100
Revenue(RF), mln.USD
986
Glob.Revenue, mln.USD
7504
Staff(RF), 2021
1243
Capital(RF), mln.USD
316
Assets(RF), mln.USD
409

04.2023: Full name changed from JSC "ARCONIK SMZ" to JSC "SAMARA METALLURGICAL PLANT" | LLC "HYPERION" becomes the new founder of the organization.

The Company Statement
November 15, 2022

Arconic Corp (ARNC.N) sold its Russian operations to the majority owner of state-backed metals company VSMPO-AVISMA (VSMO.MM) for cash proceeds of $230 million, the U.S. aluminum products maker said on Tuesday. Arconic to book $304M loss on sale of Russian operations.

February 08, 2023Arconic to book $304M loss on sale of Russian operations
May 20, 2022The manufacturer of aluminum products Arconic will sell its business in the Russian Federation and is preparing to lose up to 500 million dollars
May 19, 2022Arconic to Pursue Sale of Russian Operations
March 10, 2022Arconic to Pause New Contracts in Russia, Arconic Foundation to Grant $300,000 to Support Humanitarian Efforts
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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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