Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed

The international Danish concern Flugger is one of the oldest and most successful retail chains in the world. It has existed for more than 230 years and has extensive experience in its own developments in the field of paint and varnish products, based on the capricious and often extreme weather of Scandinavia.

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed
Revenue(RF), mln.USD
1
Assets(RF), mln.USD
1
Glob.Revenue, mln.USD
348
The Company Statement
November 10, 2023

Initiated the sale of its Russian and Belarusian companies. The operations of the companies in Russia and Belarus will continue until the sale is completed, to secure our local employees and to avoid nationalization of the company. In the company statement dated 10.11.2023 it says that Flugger has sold all of its activities in Russia and Belarus.

April 08, 2022https://www.flugger.com/en/news/sale-of-Russian-and-Belarusian-companies/
June 22, 2020An unpredictable year characterized by rising commodity prices and war in Ukraine
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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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