Hilti management buyout in Russia and Belarus 16 August 2024

After more than 30 years of operations in Russia and more than 15 years in Belarus, the Hilti Group has decided to exit both markets.

Since 2022 the Hilti Group has significantly ramped down its operations in and ceased all exports to Russia and Belarus. 

Pending government approval, the Hilti Group will sell all its local operations to the local management. Given the circumstances this is the best solution for the local team members. The local entities will be entirely separated from the Hilti Group and operate independently. They will no longer use the Hilti nor the Oglaend brand. 

Editor

Claire Aldridge Editor t: +44 (0) 1727 743 889

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Having spent a decade in the fastener industry experiencing every facet – from steel mills, fastener manufacturers, wholesalers, distributors, as well as machinery builders and plating + coating companies, Claire has developed an in-depth knowledge of all things fasteners.

Alongside visiting numerous companies, exhibitions and conferences around the world, Claire has also interviewed high profile figures – focusing on key topics impacting the sector and making sure readers stay up to date with the latest developments within the industry.