Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
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 or liquidated local entity(ies)
Exited Exit CompletedReceived 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, 2023 | Uponor completes Russian market exit |
| March 03, 2022 | Uponor stops exports and imports to and from Russia and donates to UNICEF and the Red Cross |