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

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

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(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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