Clean Break: the company completely halting Russian engagements or exiting Russia
Leave Withdrawal
HILTI
HILTI
Hilti Corporation (Hilti AG, Hilti Group) is a manufacturer of equipment, consumables and software for professional construction, operating on a direct sales model.
Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalRevenue(RF), mln.USD
100
Assets(RF), mln.USD
66
Capital(RF), mln.USD
21
Staff(RF), 2021
1087
The Company Statement
August 05, 2024
Limiting sales and workforce in Russia. After more than 30 years of operations in Russia and more than 15 years in Belarus, the Hilti Group has decided to exit both markets. Since 2022 the Hilti Group has significantly ramped down its operations in and ceased all exports to Russia and Belarus. Pending government approval, the Hilti Group will sell all its local operations to the local management.
| March 21, 2022 | Hilti lays off workers in Russia and helps |
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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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