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

Candy is an Italian domestic appliance maker and is a subsidiary of Chinese multinational home appliances company Haier. It is based in Brugherio, near Milan. Candy Group S.p.A. Candy's appliances are better known through their continued marketing of the Hoover and Kelvinator brands.

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
160
Assets(RF), mln.USD
120
Capital(RF), mln.USD
57
Staff(RF), 2021
693
Taxes(RF), mln.USD
6
The Company Statement
July 08, 2024

The Chinese manufacturer of household appliances Haier intends to liquidate the factory of Candy household appliances in Kirov. 08.07.2024: The legal entity LLC "CANDY С.I.S." was liquidated. The exact share of Candy's participation in JSC VESTA is unknown, but we assume that it is insignificant. Also, in July 2024, JSC "VESTA" changed its general director - Moos Marek replaced Ruocco Vincenzo in this position.

July 22, 2024JSC "VESTA" - Kirov - JSC - Director General Moos Marek - TIN 4346047144
September 25, 2023Haier decided to liquidate the Russian legal entity of the Italian brand Candy it owns
April 19, 2023Candy has suspended the production of household appliances in Kirov
January 27, 2022About us: History, values and characteristics | Candy
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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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