Maersk moves out of Russia

A P Moller – Maersk (Maersk) has entered into an agreement to divest its logistics sites in St  Petersburg and Novorossiysk to IG Finance Development Limited. Selling the sites is a consequence of the company’s decision made in March 2022 to discontinue activities in Russia.

“We are pleased to have found a new owner of our two logistics sites in Russia and thereby execute on our decision to divest all our assets in the country,” said Karsten Kildahl,

Chief Commercial Officer of Maersk.  “Throughout the divestment process, we have as a company felt a strong responsibility towards the remaining 50 employees at the two sites, and we are happy that they will be offered employment as part of the new setup.”

Photo:  Maersk’s Russian warehouse.