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

Hilti Corporation (Hilti AG, Hilti Group) is a manufacturer of equipment, consumables and software for professional construction, operating on a direct sales model.

 
 
 
 
 
 

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
107
Assets(RF), mln.USD
64
Capital(RF), mln.USD
23
Staff(RF), 2021
1087
The Company Statement
September 05, 2025

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. 06.08.2025: LUDI LLC becomes the new founder of OGLAEND SYSTEM. The entry regarding the founders of OGLAEND INDUSTRIER AS and OGLAEND GROUP HOLDING AS has been removed from the Unified State Register of Legal Entities. 05.09.2025: LUDI LLC becomes the new founder of HILTI DISTRIBUTION LTD JSC.

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Statements Archive
August 06, 2025LLC "UTECH PRODUCTION" - St. Petersburg - General Director Dmitry Vladimirovich Klimenko - INN 7811474950
August 05, 2024Management Buyout in Russia and Belarus
March 21, 2022Hilti lays off workers in Russia and helps
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