Moeller-Maersk sells last assets in Russia

Moeller-Maersk sells last assets in Russia

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The international transport and logistics company AP Moeller-Maersk has sold two logistics centers in St. Petersburg and Novorossiysk to the Cypriot offshore IG Finance Development Limited. The group announced it on February 20, 2023. The amount of the transaction is not disclosed.

Moeller-Maersk is one of the world’s largest logistics operators headquartered in Copenhagen. The deal marked the end of the group’s departure from Russia. The decision to stop work in the Russian Federation was made in March 2022 after the start of the NWO in Ukraine and the imposition of sanctions against Russia.

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