Caverion to divest its subsidiary in Russia
Caverion Corporation Investor news 12 January 2022 at 10.00 a.m. EETCaverion to divest its subsidiary in Russia Caverion has decided to divest the entire share capital of its subsidiary (JSC “Caverion Rus”) in Russia to Aim Cosmetics Rus, LTD. The transaction covers Caverion’s entire operations in Russia which are focused on the St. Petersburg and Moscow regions. After the completion of the transaction, Caverion Group will no longer operate in Russia. “Russia has not been a strategic market for us, and we have been a small player there. Divesting our Russian subsidiary is a part of