Ontex Says Ontex Russia Placed Under Interim Administration

By Reuters News

Oct 16 (Reuters) - Ontex Group NV ONTEX.BR:

  • RUSSIA PLACED UNDER INTERIM ADMINISTRATION BY RUSSIAN PRESIDENTIAL DECREE ON OCT 15, 2026

  • GOVERNMENT-APPOINTED INTERIM ADMINISTRATOR ASSUMES OPERATIONAL CONTROL OF ONTEX RUSSIA

  • RUSSIA REPRESENTS 5% OF GROUP REVENUE, 7-8% OF ADJUSTED EBITDA UNDER IFRS

  • RUSSIA EMPLOYS 350 AND OPERATES FACILITY IN NOGINSK, OFFICE IN MOSCOW

Further company coverage: ONTEX.BR

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