Knapp AG
LeaveRussia detail: Suspension
Knapp AG, based in Hart bei Graz, is an Austrian manufacturer of intralogistics solutions and systems in the field of warehouse logistics and warehouse automation. His services include conception and development, implementation as a general contractor and aftercare. The company has 40 locations worldwide.
Decision trail
Decision date 25/09/2022 · Reference ↗
Received revenues in Russia in 2021-2023. Despite the statement "KNAPP complies with European and international laws and sanctions. We unequivocally condemn violence and war and promote global cooperation. Although we provide basic services to our existing Russian clients, we will not undertake new business projects in Russia. Our decision reflects our commitment to maintaining peace and ethical business practices even in difficult times: we recognize the importance that our customers have, for example, in the field of public health. As the situation evolves, we will adapt our approach while remaining true to our core principles" - company kept its local entity in Russia (LLC "KNAPP"), which even increased revenue, assets, capital and and net profit in 2023 vs 2022. Revenue significantly (by more than -50%) decreased in 2024 vs 2023.
Local stats (LeaveRussia)
Status history since 2022
- 03/08/2026 — suspended · 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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