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

Kemppi Oy is a Finnish family owned welding company founded in 1949 by Martti Kemppi. It designs, and manufactures manual arc welding equipment, welding safety equipment and software, and automated welding machines. It also provides expert services in this field.

 
 
 
 
 
 

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
2
Staff(RF), 2021
184
Taxes(RF), mln.USD
1
The Company Statement
November 13, 2024

Received revenues in Russia in 2021-2023, but in March 2022 Kemppi suspended all operations in Russia. 13.11.2024: The status of the legal entity KEMPPI LLC has been changed to "In the process of liquidation".

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Statements Archive
March 10, 2022Kemppi donates 100,000 EUR to humanitarian aid in Ukraine
March 03, 2022Kemppi suspends all operations in Russia
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