Teknos suspends its operations in Russia

At Teknos, we are shocked and heartbroken about the war in Ukraine. Our minds and hearts are with all the people affected by the war, either directly or indirectly. Teknos is a Finnish family-owned company, but we operate globally, also in Ukraine and Russia. 

“Our top priority is the safety and wellbeing of all our employees and their families in Ukraine and do our outmost to help them. As a company, we condemn the Russian war and stand fully behind all the sanctions imposed. As part of our actions of solidarity with Ukraine, we suspend our operations in Russia. Due to the hostilities, we were forced also to suspend all our activities in Ukraine. We continue to follow the situation carefully and are ready to react and act in any ways possible to keep our people safe and to support actions for peace and help for those in need”, says Paula Salastie, CEO & Owner, Teknos Group Oy. 

Current consequences to our business 

We suspend deliveries and all our operations in Russia, Belarus and Ukraine until further notice, what will have direct and indirect impact on local customers as well as on Teknos globally.  

“This war will for sure have some impact on global supply chain. These crisis and uncertain situations have a tendency for further global spikes on at least oil, gas and other energy prices that will for sure at some point have some impact on our raw materials. Currently we do not see any immediate shortages and delivery issues as a result of the escalated situation. This situation is of course subject for change if the crisis will be prolonged”, says Fredrik Calenius, Chief Procurement Officer, Teknos Group Oy. 

Further information:

Maksymilian Pawlowski 
Communications Manager
Tel: +48 726 355 244  
e-mail: maksymilian.pawlowski@teknos.com 

Teknos is a global coatings company with operations in more than 20 countries in Europe, Asia, and the USA. It employs approximately 1,800 people and the net sales for 2019 was EUR 398 million. 
Teknos is one of the leading suppliers of industrial coatings with a strong position in retail and architectural coatings. Teknos wants to make the world last longer by providing smart, technically advanced paint and coating solutions to protect and prolong. Teknos always works in close cooperation with its customers. It was established in 1948, and is one of Finland’s largest family-owned businesses. For further information, visit www.teknos.com