Sale of Ponsse’s subsidiary in Russia completed
Ponsse Plc, other information published based on stock exchange rules, 18 September 2023 at 5:40 pm (EEST) Ponsse Plc has today completed the sale of all shares in OOO Ponsse, its subsidiary that provided PONSSE services in Russia and Belarus. After the conditions of the transaction were met, Ponsse’s business operations in Russia transferred to OOO Bison, a Russian company, and the trade received the approval of the local authorities. All facilities of OOO Ponsse, including spare parts warehouses and maintenance vehicles, as well as its personnel have been transferred to OOO Bison.