Sells its business in Russia
The Rehau Group will sell its business in Russia to the local management and thus withdraw completely from the country. A corresponding preliminary agreement has now been signed by both parties. Already on March 4, 2022, the company had decided to shut down its business in Russia in a controlled manner. Developments in recent weeks have made further decisions unavoidable.
The Rehau Group has been active in Russia for around 30 years and has served the market there primarily with polymer-based solutions for the window, construction and furniture sectors.