Smurfit Kappa
LeaveRussia detail: Exit Completed
The Smurfit Kappa Group plc is Europe's leading corrugated packaging company and one of the leading paper-based packaging companies in the world. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
Business in Russia
Smurfit Kappa, revealed on Wednesday, February 8, 2023 that it has agreed to sell its Russian assets – comprised of three plants in and around St Petersburg and a corrugated packaging plant in Moscow – to local management subject to the nod from Russian authorities.
Decision trail
Decision date 20/03/2023 · Reference ↗
Announces that it has decided to exit the Russian market/ The Group has already suspended support for its Russian operations including any imports and exports and any short or long term funding. Smurfit Kappa completes exit from Russia, selling to local managers.
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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