Etex/Ursa exits Russian market, the solution was ‘satisfactory’

Etex/Ursa exits Russian market, the solution was ‘satisfactory’

The Belgian construction materials company is on track for record results this year, despite the downturn in the construction industry. Etex has finally found a solution for its activities in Russia. Etex has exited Russia. It has divested its two local factories, as reported in the company’s semi-annual report. Earlier this year, the company indicated that it was close to finding a solution. “But we don’t want to give the Russian buyer a gift. At the same time, we want a fair solution for our employees who have always remained…

Read More