Kuusakoski sells Petromax subsidiary citing ”uncertain outlook for business in Russia”

Finnish recycler sees revenues and profits dip in 2019 on lower metals prices


(FIN) –Kuusakoski Recycling has announced the divestment of its subsidiary AO Petromax to the Russian recycling group JSC Akron Holding. In a statement released early this month, the Finnish recycling company said that the uncertain outlook for continued business operations in Russia would not support a local ...

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