Which brands are included in kronospan:
Kronoflooring, Kronostar, Kronostep
What kronospan makes:
It is engaged in the production of wooden panels, floor coverings, furniture and wooden frames of houses. The company includes 28 factories located in 30 countries of the world.
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March 10, 2022 - economic truth:
European companies refuse Russian wood. But not all:
"A number of large woodworking companies associated with Russian timber continue to work with the aggressor:
In particular, we are talking about the Austrian Egger and Kronospan, the American International Paper, as well as the international company Mondi. According to available information, Mondi representatives are not interested in giving up business with Russia, in particular due to the need to close the factory in the Russian city of Syktyvkar."
Source
March 28, 2023 - Yale School of Management (kronospan):
A bit of background to the fact check source:
“We have a team of experts with experience in financial analysis, economics, accounting, strategy, management, geopolitics and Eurasian affairs, fluent in ten languages, including Russian, Ukrainian, German, French, Italian, Spanish, Chinese, Hindi, Polish and in English, collecting this unique set of data from open sources such as government regulatory documents, tax documents, company reports, financial analysts' reports, Bloomberg, FactSet, MSCI, S&P Capital IQ, Thomson Reuters and business media from 166 countries; as well as non-public sources, including a global wiki-style network with more than 250 company insiders, informants and management contacts. ”
Status of kronospan company according to the analysis: still operating in Russia
Source
December 19, 2023 - KSE Institute:
Separated all types of activities in Russia:
"In 2 of the 4 legal entities, the following changes took place (probably an internal agreement, part of the assets were transferred to companies from Qatar and the UAE): 12.2023: The record about the founder of KRONOSHPAN GMH LLC was deleted from the EDRYUL. ULTRADEKOR GMH LLC becomes the new founder of the organization 15.12.2023: The full name was changed from KRONOSHPAN LLC to ULTRADEKOR LLC. 12.2023: The full name was changed from "KRONOSHPAN GMH" LLC to "ULTRADEKOR GMH" LLC. 11/15/2023: The record about the founders of KRONOSHPAN HOLDINGS RUSHA LIMITED and KRONOSHPAN HOLDINGS EAST LIMITED was deleted from EGRYUL. KAUZA HOLDING LLC and KAUZA-FCKO become the new founders of the organization."
Source
Has kronospan left the Russian market? September 19, 2024 - Yale School of Management:
A bit of background to the fact check source:
“We have a team of experts with experience in financial analysis, economics, accounting, strategy, management, geopolitics and Eurasian affairs, fluent in ten languages, including Russian, Ukrainian, German, French, Italian, Spanish, Chinese, Hindi, Polish and in English, collecting this unique set of data from open sources such as government regulatory documents, tax documents, company reports, financial analysts' reports, Bloomberg, FactSet, MSCI, S&P Capital IQ, Thomson Reuters and business media from 166 countries; as well as non-public sources, including a global wiki-style network with more than 250 company insiders, informants and management contacts. ”
Status of kronospan company according to the analysis: separated all business activities in Russia
Source
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Brands: Kronoflooring, Kronostar, Kronostep
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