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

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.

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
17
Staff(RF), 2021
36
Capital(RF), mln.USD
4
Assets(RF), mln.USD
5
Glob.Revenue, mln.USD
995
Taxes(RF), mln.USD
1
The Company Statement
June 03, 2025

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. Revenue increased in 2024 vs 2023 by more than +30%. 03.06.2025: JSC INNOVA GROUP becomes the new founder of the organization JSC EVRA VARME RUS. The entry about the founder PURMO GROUP FINLANDIA OY AB has been removed from the Unified State Register of Legal Entities.

September 11, 2024Purmo Group has sold its Russian business to a Russian investment company
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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