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

Tool manufacturer in Šumperk, Czechia.

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
3
Assets(RF), mln.USD
2
Capital(RF), mln.USD
1
Staff(RF), 2021
36
Taxes(RF), mln.USD
2
The Company Statement
August 02, 2022

Sandvik 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, 2022Sandvik announces a non-recurring charge for the second quarter related to Russia
February 28, 2022Swedish engineering group Sandvik pauses Russian operations
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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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