EE Impact

Elecster Oy

Finland · Packaging

LeaveRussia detail: Continue Operations

Still operating in Russia

Elecster is the leading company in the world as a system supplier for UHT Lines, Aseptic Milk Packaging and ecological Pouch Packaging Materials.

Status last verified 03/08/2026Source checked 01/10/2024Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 02/04/2024 · Reference ↗

The company continues to work in Russia. "We have tried to express our view that being in Russia is not irresponsible, but rather in keeping with the spirit of the sanctions. It is inconsistent with our values ​​to 'give away' our assets to players who may be under sanctions. Our Russian subsidiaries have undoubtedly continued would have its business under the control of a new owner, in which case any operating income would remain in Russia, and Elecster Group would lose a significant amount of property in Russia, as well as profits with which we could invest in Finland and other markets we believe that continuing our activities in Russia now and in this situation is in the interests of our stakeholders."

Local stats (LeaveRussia)

Revenue(RF), mln.USD
1
Capital(RF), mln.USD
2
Assets(RF), mln.USD
3

Status history since 2022

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

Exposure profile

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

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