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 CompletedExit 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 CompletedSandvik paused its business activities in Russia on February 28 2022, and took the decision to wind down operations in Russia on June 29, 2022. 02.08.2023: The legal entity was liquidated.
June 29, 2022 | Sandvik announces a non-recurring charge for the second quarter related to Russia |
February 28, 2022 | Swedish engineering group Sandvik pauses Russian operations |