Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back

Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back
Revenue, mln.USD
120
Glob.Revenue, mln.USD
4478
Staff
238
Capital, mln.USD
27
Assets, mln.USD
64
The Company Statement
March 02, 2022

Temporarily suspended shipments to Russia due to sanctions. (No production or sourced raw materials from Russia. Russia makes up ~10% of annual sales (over $470M in 2021).

July 11, 2022Russia: Metso Outotec to book a non-recurring charge of EUR150 million related to winding down its business in Russia
March 02, 2022https://www.mogroup.com/corporate/media/news/2022/3/update-on-russia-ukraine-conflict-on-metso-outotecs-business/
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