Brief: Aspo's Leipurin Quits Operations In Russia, Belarus And Kazakhstan

Aspo Oyj

22/04/2022 13:51

April 22 (Reuters) - Aspo Plc  ASPO.HE :
    * ASPO UPDATES THE SITUATION OF ITS RUSSIAN OPERATIONS:
LEIPURIN
TO WITHDRAW FROM THE EASTERN MARKET, ESL SHIPPING’S RUSSIAN
TRANSPORTS ENDING, TELKO CONTINUES TO REVIEW STRATEGIC OPTIONS
    * DECIDED TO WITHDRAW FROM LEIPURIN'S OPERATIONS IN RUSSIA,
BELARUS AND KAZAKHSTAN
    * LEIPURIN IS EXPLORING STRATEGIC OPTIONS REGARDING THESE
OPERATIONS, INCLUDING POSSIBLE SALE OF BUSINESSES
    * LEIPURIN'S OPERATIONS IN THESE THREE COUNTRIES ACCOUNTED
FOR
APPROXIMATELY 5% OF ASPO GROUP'S NET SALES IN 2021
    * LEIPURIN HAS APPROXIMATELY 90 EMPLOYEES IN THESE COUNTRIES
    * LEIPURIN WILL CONTINUE TO OPERATE IN UKRAINE

Source text for Eikon:  ID:nGNE588t6z 
Further company coverage:  ASPO.HE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))