immo!nvest – Die Plattform für Standorte und Immobilien

Tag: Russland

  • Holcim withdraws from Russia

    Holcim withdraws from Russia

    The Board of Directors of Holcim has decided to initiate the process of exiting the Russian market. According to a statement from the Zug-based building materials group, this is in line with the company’s values, which aim to act as responsibly as possible. This decision follows an earlier decision to halt all capital investments in the Russian market.

    The panel expresses its “deep concern at the tragic human suffering in the region”. Holcim is “determined to support the affected people, families and communities”.

    In addition, the Board of Directors would like to expressly thank all colleagues who work alongside local non-governmental organizations worldwide to provide accommodation, essential goods and medical care and who volunteer their time.

  • Sika purchases in Russia

    Sika purchases in Russia

    Sika is buying up the Russian manufacturer of mortar products Kreps LLC, informs the Zug-based building materials group in a press release . The company, with annual sales of around 15 million francs, specializes in the production of tile adhesives, plasters and floor leveling compounds. The notification does not provide any information about the purchase price.

    The new addition is intended to strengthen Sika's position in the region. "Kreps offers a broad product portfolio and an expanded geographic presence for mortar in the Russian Federation," Ivo Schädler, Regional Manager EMEA at Sika, is quoted in the press release. "Together with the improved access to the sales channel, we get a platform to further expand and strengthen our position in this market." The new acquisition has production sites in Saint Petersburg and Yekaterinburg, both regions in which Sika was previously not represented with its own locations.

    With the takeover, a training center operated by Kreps and “well-equipped” production laboratories will also be owned by Sika, the press release explains. According to her, the transaction has yet to be approved by the local antitrust authorities.