EE Impact

Hydroscand

Sweden · Engineering

LeaveRussia detail: Exit Completed

Exited Russia

Hydroscand is a Swedish family-owned business that sells and distributes hose and fluid components. The company is represented in 19 countries in Europe, Asia and Africa. Hydroscand Group has 1 400 employees at over 250 branches, and has a turnover of 246 MEUR. Hydroscand AB was established in Stockholm, in 1969.

Status last verified 03/08/2026Source checked 29/02/2024Company website ↗LeaveRussia profile ↗

Business in Russia

Has an entity in Russia (LLC "Hydroscand" reg.# 4707039120) working under franchise.

Decision trail

Decision date 27/02/2024 · Reference ↗

Received revenues in Russia in 2021-2022 but completely cut off from Hydroscand Group in accordance with the sanctions from the EU. They were previously supplied via Hydroscand in Estonia, but that supply chain was ended in February 2022 as a result of Russias invasion of Ukraine. 02.2024: SMARTLAB LLC becomes the new founder of the organization. The entry about the founder of JSC "HYDROSСAND GROUP" has been removed from the Unified State Register of Legal Entities.

Local stats (LeaveRussia)

Assets(RF), mln.USD
14
Capital(RF), mln.USD
11
Revenue(RF), mln.USD
15
Staff(RF), 2021
190
Taxes(RF), mln.USD
2

Status history since 2022

  1. 03/08/2026 exited · 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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