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

Exited Exit Completed

Uponor Oyj is a Finnish company that sells products for drinking water delivery, radiant heating and cooling. Uponor Group has approximately 3,800 employees. Uponor Corporation's shares have been listed on the Helsinki Stock Exchange, with ticker symbol UPONOR, since 6 June 1988.

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
18
Assets(RF), mln.USD
14
Capital(RF), mln.USD
13
Staff(RF), 2021
84
Taxes(RF), mln.USD
2
The Company Statement
March 01, 2023

Received revenues in Russia in 2021. Uponor Corporation has decided to suspend all exports and imports to and from Russia until further notice due to the ongoing invasion of Ukraine and donates to UNICEF and the Red Cross. Uponor has a manufacturing facility and a sales office in Russia, employing around 90 people. On March 1, 2023 Uponor completed Russian market exit in accordance with local government authority requirements. Uponor has divested its business in Russia to local management which provides a sustainable solution for employees and customers.

March 01, 2023Uponor completes Russian market exit
March 03, 2022Uponor stops exports and imports to and from Russia and donates to UNICEF and the Red Cross
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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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