Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

FLSmidth is a Danish multinational company that develops technologies and manufactures equipment for the mining, processing and cement industries.

Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back
Revenue(RF), mln.USD
37
Assets(RF), mln.USD
47
Capital(RF), mln.USD
7
Glob.Revenue, mln.USD
2497
Staff(RF), 2021
66
Taxes(RF), mln.USD
4

FLSmidth is approaching a Russian exit.

The Company Statement
March 22, 2023

Winding down all business. Promised no longer any activities in Russia but still received revenue in 2022.

July 05, 2022FLSmidth expects no revenue in Russia beyond 2022
March 08, 2022FLS continues to deliver on its Russian contracts
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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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