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Article

22 Apr 2024

Author:
Oleksandra Opanasenko, Babel

Knauf announces exit from Russia following investigation into its ongoing operations in occupied Mariupol

The German company Knauf is leaving the Russian market after an investigation into its participation in the reconstruction of Mariupol, 22 April 2024

The German manufacturer of building materials Knauf is leaving the Russian market. Previously, the company was exposed for participating in the reconstruction of occupied Mariupol...

The company said it had given up business in Russia against the backdrop of "current events in the world." The transfer of the company to local management will make it possible to "keep jobs for more than 4 000 employees in the future," as noted by Knauf...

Knauf is one of the largest German companies in Russia. In 2022, its turnover...exceed[ed] €15 billion.

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