Teknos Group, which suspended its Russian operations in March 2022 and in April 2022 announced a controlled exit from the Russian market, has completed the process of exiting the country. As of July 11, 2022, 100% of shares in the company’s Russian entity, Teknos OOO, were sold.
Teknos began operations in Russia in 2005. The company had offices in Moscow and a fit-for-purpose production plant in St. Petersburg, which opened in June 2015.