Clean Break: the company completely halting Russian engagements or exiting Russia
Leave Withdrawal
KONE
KONE
Kone Oy is a Finnish company specializing in the manufacture of elevators, cranes, escalators, travelators and passenger lifts.
Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalRevenue(RF), mln.USD
93
Staff
668
Capital, mln.USD
83
Glob.Revenue, mln.USD
11115
The Company Statement
The share purchase agreement with local management is subject to approval by the relevant regulatory authorities in Russia and is expected to close during the fourth quarter of 2022. The value of the planned transaction is not disclosed. Following the closing of the deal, the business will operate independently under a different brand
| March 03, 2022 | https://www.kone.com/en/news-and-insights/releases/kone-ceases-deliveries-to-russia-2022-03-03.aspx |
| March 03, 2022 | https://www.kommersant.ru/doc/5240137?tg |
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