Alimak exits Russia

By Euan Youdale26 April 2022

Alimak Group is stopping all its operations in Russia and pulling its business out of the country. 

The Sweden-based company said that it had made the decision to exit Russia, due to recent events and following European Union sanctions. This latest development follows Alimak’s annoucement in early March that it had suspended all deliveries to customers in Russia and would not to pursue any new sales. 

Ole Kristian Jødahl, CEO at Alimak Group, said, “In the light of recent developments, we have evaluated the situation and decided to exit our Russian operations. We have initiated a controlled exit process and we will do our utmost to ensure that our employees in Russia are taken care of in the best possible way during this process.” 

Alimak has 15 employees in Russia and the company said the process will be executed with considerations towards those employees and its customers.

The company added that the actions are not expected to have any material impact on group financial results.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, International Rental Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Latest News
Rental Briefing: daily newsletter for rental sector being launched by KHL
Newsletter will provide analysis, comment and insight into the global industry
UK equipment bodies react to government changes on net zero policies
CPA and CEA express disappointment about policy changes
Sunbelt Rentals UK and Ireland makes €1.3 million fleet investment
“Significant investment” made for welfare van fleet
CONNECT WITH THE TEAM
Ollie Hodges Publisher Tel: +44 (0)1892 786253 E-mail: ollie.hodges@khl.com
Lewis Tyler
Lewis Tyler Editor Tel: 44 (0)1892 786285 E-mail: lewis.tyler@khl.com
CONNECT WITH SOCIAL MEDIA