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

Leave Withdrawal

Solvay is a Belgian multinational chemical company established in 1863, with its headquarters located in Neder-Over-Heembeek, Brussels, Belgium.

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

Leave Withdrawal
Revenue(RF), mln.USD
41
Assets(RF), mln.USD
25
Capital(RF), mln.USD
19
Glob.Revenue, mln.USD
12088
Staff(RF), 2021
27
Taxes(RF), mln.USD
1
The Company Statement
March 09, 2023

Suspended operations and new investment in Russia, suspended dividend payments from Rusvinyl (an independent 50:50 joint venture in Russia). Ayear after Russia’s invasion of Ukraine, Solvay has inked a deal to sell its 50% interest in the RusVinyl polyvinyl chloride joint venture to its partner for $450 million.

March 07, 2022Solvay to suspend operations in 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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