Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Portfolio
  • Forum
  • Q&A
  • About Us
    • Our Coverage
    • Team
Press release

AFRY divests its operations in Russia

AFRY

The divestment follows AFRY's earlier announcement to exit from Russian markets. The local ownership and operations will secure a good solution for both employees and customers.

The completion of the divestment, which is subject to regulatory approvals, is expected to occur during Q4 2022. Following completion of the divestment, the Russian business will operate under a different brand.

The business in Russia accounts for less than 1% of AFRY's global sales. The Russian subsidiary currently employs approximately 125 employees in Russia.   

The financial impact of the divestment will be approx. SEK 60 million in net result. The divestment will not impact EBITA excl. items affecting comparability.
For further information, please contact:

Cathrine Sandegren, EVP and Head of Communications and Brand

+46 70 292 68 26

Find us on social media
  • Inderes Forum
  • Youtube
  • Instagram
  • Facebook
  • X (Twitter)
Get in touch
  • info@inderes.se
  • +46 8 411 43 80
  • Vattugatan 17, 5tr
    111 52 Stockholm
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.