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

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Purmo Group is a part of Rettig Group with the head office located in Helsinki, Finland. Purmo Group is a leader in sustainable indoor climate comfort solutions. Company's comprehensive product offering includes radiators, towel warmers, underfloor heating, convectors, valves and controls. 3,300 industry professionals operate through more than 50 locations in 26 countries, manufacturing and distributing top quality products and solutions to customers in more than 100 countries globally.

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

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Revenue(RF), mln.USD
13
Staff(RF), 2021
36
Capital(RF), mln.USD
3
Assets(RF), mln.USD
7
Glob.Revenue, mln.USD
995
Taxes(RF), mln.USD
1
The Company Statement
September 11, 2024

Signed aggreement to divest all Russian operations. Purmo Group, a global leader in indoor climate comfort solutions, has sold its Russian operations, ending all business in Russia. In 2023, Purmo's Russian business represented nearly 3% of its total net sales.

September 11, 2024Purmo Group has sold its Russian business to a Russian investment company
March 28, 2024JSC "EVRA VARME RUS" - Moscow - EVRA VARME RUS JSC - General Director Korovin S. Yu. - INN 7825465360
April 28, 2023Agreement to sell Russian business
April 28, 2023Purmo Group has signed an agreement to sell its Russian business
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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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