ShippingWatch

Hempel expects to be out of Russia this year

Hempel is currently selling a Russian factory with 124 employees, which could be final by year’s end. The coating producer decided to withdraw from Russia in April following the country’s invasion of Ukraine.

Photo: Hempel PR

Hempel, which specializes in ship coating, is actively selling a factory with 124 employees in Russia, and a sale of the company’s Russian activities could become final this year, says Michael Hansen, who will become CEO on October 15, to ShippingWatch.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs