Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal

CMA CGM Group is a French shipping company primarily engaged in container shipping.

Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal
Revenue(RF), mln.USD
6
Assets(RF), mln.USD
4
Capital(RF), mln.USD
1
Glob.Revenue, mln.USD
55970
Staff(RF), 2021
201
Taxes(RF), mln.USD
3
The Company Statement
April 21, 2023

Suspended bookings to and from Russia. CMA CGM agreed to exchange its 25% stake in Russia’s Yanino Logistics Park and Moby Dik ocean terminal for an additional 25% stake in Finnish terminal operator Multi Link Terminal. CMA CGM Completes Russia Exit: French-based shipping group CMA CGM has completed its withdrawal from the Russian market by divesting stakes in terminals through an asset swap, the company said. But local company "CMA SIGEEM RUS" stil has foreign ownership.

January 05, 2023CMA CGM Completes Russia Exit
December 30, 2022CMA Terminals divests jointly-owned Russian assets in a share swap with Global Ports
March 03, 2022World’s largest shipping companies suspend bookings to and from Russia
March 02, 2022Russia cut off from world trade in goods
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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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