Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal

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 Withdrawal
Revenue(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, 2022https://www.kone.com/en/news-and-insights/releases/kone-ceases-deliveries-to-russia-2022-03-03.aspx
March 03, 2022https://www.kommersant.ru/doc/5240137?tg
All company names used on this web page are for identification purposes only. All trademarks and registered trademarks are the property of their respective owners.