Henkel put up for sale assets in Russia and Belarus

Henkel transferred Russian and Belarusian assets to the “for sale” category, follows from the reporting of the German concern for the first half of 2022. It says that the company estimates its losses from leaving both countries at 184 million euros, of which 88 million euros are damage to business reputation (goodwill; the sale of assets may affect the market value of the holding’s shares. – Vedomosti), the rest is Henkel’s fixed assets (land, plants and equipment), as well as trademarks and other intellectual property.

Henkel began working in Russia in 1991. Now the company, according to the holding’s website, owns 12 offices and 11 factories in different regions of Russia. For example, factories in Perm, the Leningrad region (Tosno) and Engels produce Persil, Losk, Deni, Laska, Pemos, Pemolux, Vernel and so on. The last two enterprises produce adhesives (including “Moment”) and surface treatment products, and plants in Kolomna, in the Chelyabinsk and Ulyanovsk regions produce Ceresit building mixtures. Revenue of Henkel Rus LLC according to RAS in 2021 increased by 13.1% to 95.14 billion rubles, and net profit amounted to 7.48 billion against 7.84 billion rubles. a year earlier. After the start of the NWO in Ukraine, Henkel announced that he was preparing to leave Russia and Belarus, in March he stopped investing in Russian business, but did not stop production and operations.