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

Functional and responsible logistics is a competitive advantage. We make sure that your goods are always transported using the most convenient means. The owners of the company are the largest pension company in Finland.

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
0
Glob.Revenue, mln.USD
138
Staff(RF), 2021
4

Nurminen Logistics' subsidiary, North Rail Oy, holds a license for Finnish and European railways under permanent official supervision. North Rail Oy does not transport copper ore in Finland, and the company does not transport anything from Finland to Russia. North Rail Oy operates only on the territory of Finland on the basis of a railway concession granted by the state.

The Company Statement
November 19, 2024

Finnish railway operator Nurminen Logistics has launched a route to China bypassing Russia. The route starts in China and runs through Kazakhstan, Azerbaijan, Georgia and Romania to Central Europe. This was reported by the press service of Nurminen Logistics. Nurminen Logistics, a listed company, is making significant profits. It also transports Russian nickel and fertilizers to Finland. Ceased to receive income in Russia in 2023. 19.11.2024: The status of the legal entity NURMINEN LOGISTICS LLC has been changed to "In the process of liquidation".

April 05, 2024Nurminen Logistics Oyj corrects incorrect and misleading information spread in the media
March 21, 2024A Finnish company does huge business with the Russians - "We are involved in patriotic work"
March 21, 2024Russian nickel and fertiliser continues to flow into Finland
May 11, 2022The Finnish railway operator put a cross on Russia
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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