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Electrolux and Blum withdraw from Russia

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Published in issue 38/2022
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At the beginning of September 2022, Austrian fittings manufacturer Julus Blum GmbH (Höchst) and Swedish household appliance manufacturer Electrolux AB (Stockholm) decided to divest their Russian operations. Blum intends to sell its Moscow-based subsidiary to two long-time sales partners. According to a statement iss...

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