Brief: Ontex Says Ontex Russia Placed Under Interim Administration
16/10/2026 09:12
BRIEF-Ontex Says Ontex Russia Placed Under Interim Administration Oct 16 (Reuters) - Ontex Group NV ONTEX.BR:
RUSSIA PLACED UNDER INTERIM ADMINISTRATION BY RUSSIAN PRESIDENTIAL DECREE ON OCT 15, 2026
GOVERNMENT-APPOINTED INTERIM ADMINISTRATOR ASSUMES OPERATIONAL CONTROL OF ONTEX RUSSIA
RUSSIA REPRESENTS 5% OF GROUP REVENUE, 7-8% OF ADJUSTED EBITDA UNDER IFRS
RUSSIA EMPLOYS 350 AND OPERATES FACILITY IN NOGINSK, OFFICE IN MOSCOW
Source text: ID:nGNE25QpMM
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