Green Trace Ltd
LeaveRussia detail: Continue Operations
GreenTrace was founded in 2010 by merging of GreenTrace distribution company and a number of leading manufacturers of climate technology. GreenTrace provides a full production cycle: design, production, distribution, installation, marketing, supply and service of consumer and professional climate equipment.
Decision trail
Decision date 28/08/2023 · Reference ↗
Despite sanctions and other risks related to business with Russia, many Latvian companies still export to this country. Recently, the Central Statistical Bureau (CSB) published a list of businesses continuing exports to Russia after the war began. Another noteworthy company is Green Trace Ltd, which exports technology from the Electrolux, Zanussi and other brands through Latvia. In 2021 the company had an EUR 107 million turnover in Russia, which is around 90% of its total turnover of EUR 116.8 million.
Status history since 2022
- 03/08/2026 — operating · 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