Purmo Group
LeaveRussia detail: Exit Completed
Purmo Group is a part of Rettig Group with the head office located in Helsinki, Finland. Purmo Group is a leader in sustainable indoor climate comfort solutions. Company's comprehensive product offering includes radiators, towel warmers, underfloor heating, convectors, valves and controls. 3,300 industry professionals operate through more than 50 locations in 26 countries, manufacturing and distributing top quality products and solutions to customers in more than 100 countries globally.
Decision trail
Decision date 03/06/2025 · Reference ↗
Signed aggreement to divest all Russian operations. Purmo Group, a global leader in indoor climate comfort solutions, has sold its Russian operations, ending all business in Russia. In 2023, Purmo's Russian business represented nearly 3% of its total net sales. Revenue increased in 2024 vs 2023 by more than +30%. 03.06.2025: JSC INNOVA GROUP becomes the new founder of the organization JSC EVRA VARME RUS. The entry about the founder PURMO GROUP FINLANDIA OY AB has been removed from the Unified State Register of Legal Entities.
Local stats (LeaveRussia)
Status history since 2022
- 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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