Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back

Tikkurila Oyj is a Finnish manufacturer of paints and varnishes.

 
 

Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back
Revenue(RF), mln.USD
159
Assets(RF), mln.USD
92
Capital(RF), mln.USD
28
Staff(RF), 2021
1370
Glob.Revenue, mln.USD
17652

Due to the inability to sustainably operate at even the bare minimum, PPG Industries has made the decision to activate options to exit Russia, including a possible sale or controlled exit from the Russian market.

The Company Statement
March 24, 2022

Reduce Russian operations; stop sales to aerospace. Due to the inability to sustainably operate at even the bare minimum, PPG Industries has made the decision to activate options to exit Russia, including a possible sale or controlled exit from the Russian market.

Open the Statement
Statements Archive
June 16, 2023Paints and Varnishes Exports into Russia
June 23, 2022PPG and Tikkurila activate options to exit Russia
June 22, 2022Tikkurila leaves Russia
April 29, 2022The governor of the Lipetsk region promised to support the PPG plant
Demand to Leave Russia:Petition text has been copied to the clipboard.
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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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