Danfoss
LeaveRussia detail: Exit Completed
Danfoss is a Danish industrial company, a manufacturer of innovative energy-efficient solutions for heating and cooling, ventilation and air conditioning systems.
Decision trail
Decision date 15/07/2022 · Reference ↗
Exit Russia completely: Danfoss have signed agreement to divest the business in Russia and Belarus (from December 2022) to the local management to exit Russia completely. Over the past five months in 2024, Danfoss products worth more than DKK 13m have ended up in Russia despite EU sanctions, according to Radio IIII based on information from Russian customs authorities collected by the US data company ImportGenius.
Local stats (LeaveRussia)
Status history since 2022
- 03/08/2026 — exited · 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.
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