Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market
Exited Exit Completed
The Smurfit Kappa Group plc is Europe's leading corrugated packaging company and one of the leading paper-based packaging companies in the world. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market
Exited Exit CompletedSmurfit Kappa, revealed on Wednesday, February 8, 2023 that it has agreed to sell its Russian assets – comprised of three plants in and around St Petersburg and a corrugated packaging plant in Moscow – to local management subject to the nod from Russian authorities.
Announces that it has decided to exit the Russian market/ The Group has already suspended support for its Russian operations including any imports and exports and any short or long term funding. Smurfit Kappa completes exit from Russia, selling to local managers.
| April 09, 2023 | Smurfit leads Iseq multinationals when counting costs of retreat from Russia |
| February 08, 2023 | Smurfit Kappa takes €128m hit as it agrees to sell Russian assets |
| June 01, 2022 | Statement re Russian Operations |