EE Impact

Bonava

Sweden · Construction & Architecture

LeaveRussia detail: Exit Completed

Exited Russia

Bonava is a residential development company in Northern Europe.

Status last verified 03/08/2026Source checked 01/12/2023Company website ↗LeaveRussia profile ↗

Business in Russia

Bonava to Divest Russian Business in RUB3.3 Billion Deal. Swedish developer Bonava after the failure of the deal with the Kazan G-Group found a new buyer for its Russian business. Now to acquire the assets of a company that built housing in St. Petersburg for 3.3 billion rubles. intends its competitor in the local market - the RBI group of Eduard Tiktinsky. This is 1.6 billion rubles. less than the previous bidder was willing to pay.

Decision trail

Decision date 31/05/2023 · Reference ↗

Close operations in Russia. Bonava was going to sell its Russian "daughters" for 98 million euros to G-Group (Russian developer of commercial and residential real estate). Intended buyer G-Group has not received the required approvals from Russian authorities and the company started the process of liquidation writing down €98m Russian business operations. Bonava after the failure of the deal with the Kazan G-Group found a new buyer for its Russian business - the RBI group of Eduard Tiktinsky. 11.2023: The entry about the founder of BONAVA AB (PUBL) was removed from the Unified State Register of Legal Entities. STAR DEVELOPMENT LLC (Armenia) becomes the new founder of the organization.

Local stats (LeaveRussia)

Assets(RF), mln.USD
81
Capital(RF), mln.USD
61
Glob.Revenue, mln.USD
1552
Revenue(RF), mln.USD
51
Staff(RF), 2021
293
Taxes(RF), mln.USD
4

Status history since 2022

  1. 03/08/2026 exited · Imported from KSE LeaveRussia

Exposure profile

Full exposure profile is a Professional feature

Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

Upgrade to Professional
Statuses, logos and narrative notes are compiled from public reporting and the KSE LeaveRussia project. Found an error? See our corrections policy.