Danish company AP Moeller-Maersk A/S, which completed the sale of its assets in Russia on February 20 this year, did not rule out the possibility of returning to the Russian market. The company added a clause to the contract regarding the right to repurchase sold assets. In this respect writer Exchange newspaper.
As stated in the article, the inclusion of the relevant article in the contract means that the company retains the opportunity to return to Russia. Analysts previously interviewed by socialbites.ca expression I doubt the Danes would really want to lose such a large market and leave the country.
In mid-March 2022, representatives of the logistics giant informed shareholders that their business was evacuated from Russia. According to Maersk chief Soren Skow, before the military special operation in Ukraine began, the company had around 50,000 applications for container shipping to Russia.
And on February 20, 2023, the press service of Maersk announcedthe company’s St. Petersburg and Novorossiysk to IG Finance Development Limited. The cost of the deal was not disclosed. Experts estimated it at 3.5-5 billion rubles, calling it one of the largest this year.
Maersk was founded in 1904 and is headquartered in Copenhagen. The company employs about 80,000 people.
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.