EE Impact

AkzoNobel

Netherlands · Chemical Industry

LeaveRussia detail: Scaling Back

Scaling back

AkzoNobel, is a Dutch multinational company which creates paints and performance coatings for both industry and consumers worldwide.

Status last verified 03/08/2026Source checked 17/07/2024Company website ↗LeaveRussia profile ↗

Business in Russia

The company has a representative office and three offices in Russia. The company business in Russia represented about 2% of the company revenue.

Decision trail

Decision date 15/04/2022 · Reference ↗

The company stopped the supply of protective coatings for the aerospace industry due to the imposed sanctions and stopped investments. The company continues to supply goods to households. Paint giant AkzoNobel paid millions of euros in corporate tax to the Kremlin.

Local stats (LeaveRussia)

Assets(RF), mln.USD
152
Capital(RF), mln.USD
124
Glob.Revenue, mln.USD
11545
Offices
3
Revenue(RF), mln.USD
203
Staff(RF), 2021
942
Taxes(RF), mln.USD
10

Status history since 2022

  1. 03/08/2026 scaling back · 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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