AkzoNobel
LeaveRussia detail: Scaling Back
AkzoNobel, is a Dutch multinational company which creates paints and performance coatings for both industry and consumers worldwide.
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)
Status history since 2022
- 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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