3/10/2024 0 Comments Jotun powder coating downloadThe president and CEO said that doing business in the country has become increasingly challenging and this situation will not change in the near future, and that existing employees will retain their positions under existing agreements and terms with the new owners.Īccording to public information, Atomstroykomplex is a leading real estate development and construction materials company headquartered in Yekaterinburg, Ural Federal District. Following the closure of the Russian plant on March 3, Jotun divested its shares in its wholly-owned subsidiary "Jotun Paints" LLC. The employees will continue to work at the company under the leadership of the new boss. The Russian industrial company Atomstroykomplex has taken over operations, employees and assets. Recently, international coatings giant Jotun announced that it has sold its interests in Russia and left the country.
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