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

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Norsk Hydro ASA is a Norwegian aluminium and renewable energy company, headquartered in Oslo. It is one of the largest aluminium companies worldwide. It has operations in some 50 countries around the world and is active on all continents.

 
 
 
 
 
 

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

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Glob.Revenue, mln.USD
18332
The Company Statement
March 02, 2022

Reduced deliveries and supplies to the contractual minimum for some commitments, and is suspending deliveries and supply in several contracts; will exclude Russian metal from deals to buy aluminium for 2023. Norsk Hydro decided not to enter new contracts with Russian counterparts and as of 2023, Hydro has no business relationship with Russian counterparts. Hydro has no presence or activities in Russia.

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Statements Archive
July 28, 2023Norsk Hydro And Rusal In War Of Words Over Russian Aluminium In LME Warehouses
September 06, 2022Norsk Hydro bans Russian aluminium from 2023 purchase deals
March 02, 2022Hydro will not enter into new contracts with Russian counterparts
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