Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed

SRV Yhtiöt Oyj (SRV) is a developer and innovator in the construction industry.

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed
Revenue(RF), mln.USD
1
Glob.Revenue, mln.USD
986
Staff(RF), 2021
25
Capital(RF), mln.USD
9
Assets(RF), mln.USD
11

SRV Yhtiot Oyj reducted activities in Russia by selling a stake in three shopping centers, accelerating the exit from Russia, stopping the purchase of Russian building materials, refusing to develop business in the country, while SRV Group shopping centers continue to operate in Russia.

The Company Statement
May 06, 2024

Outline steps to stop procurement of building materials from Russia. SRV Yhtiöt Oyj sells most of its remaining Russian holdings, continuing its exit from the country. SRV Yhtiöt Oyj sells most of its remaining Russian holdings, continuing its exit from the country (sold stake in one shopping center, negotiating remaining assets). 05.2024: Petrov Alexander Yuryevich becomes the new founder of the organization. The entry about the founder of REALTY HOLDING JSC was removed from the Unified State Register of Legal Entities.

August 02, 2023SRV Yhtiöt Oyj : sells most of its remaining Russian holdings, continuing its exit from the country
March 04, 2022SRV’s statement on business 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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