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

Oilon is an international energy technology company whose products support sustainable development by directly and measurably reducing emissions.

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
Staff(RF), 2021
3
Glob.Revenue, mln.USD
94
Staff(RF), 2021

"OILON RU FACTORY" LLC (tax id 7807182200) with 100% share in the capital was liquidated.

The Company Statement
September 04, 2024

A statement was published on the write-off of one-time costs associated with the termination of the group's operations in Russia. As a reluslt of Russia's war of aggression against Ukraine, Onion decided to discontinue business operations in Russia and, in November 2022, all operational activites ceased. All one-off costs associated with discontinuing operations have been recognized in the operating year's profit/loss account. 04.09.2024: The legal entity OILON RU FACTORY LLC was liquidated.

April 26, 2023The green transition boosted Oilon Group’s turnover to an 18 per cent growth – actively recruits new personnel
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