Wienerberger decides to sell its operations in Russia

• As a consequence of the Russia-Ukraine conflict, Wienerberger is withdrawing from the Russian market
• Management buy-out ensures continuity for local employees and customers

Vienna, June 15, 2022 – As a company aware of its responsibility, the Wienerberger Group decided to sell its Russian operations on account of the Russia-Ukraine conflict. In recent weeks, Wienerberger has been working intensively on a sustainable solution in order to preserve the employees’ jobs and guarantee safety and stability for their families on site.  It was therefore agreed that the local management will take over the Russian business through a management buy-out. The parties decided not to disclose the purchase price.

“We are deeply concerned over the effects of the conflict and want to make our contribution as a responsible company, taking a firm stance for freedom and peace. In line with our company’s actively pursued policy of sustainability and the commitment vis-à-vis our employees on site, we are convinced that the takeover of our activities by the local management is the best possible solution to ensure continuity for all”, says Heimo Scheuch, Chairman of the Managing Board of Wienerberger. 

Wienerberger has been active in Russia since 2005. With a volume of approximately € 40 million per year, the clay block business in Russia accounts for less than 1% of the Group’s total revenues.

Wienerberger Group
The Wienerberger Group is a leading international provider of smart solutions for the entire building envelope and for infrastructure. Wienerberger is the world’s largest producer of bricks (Porotherm, Terca) and the market leader in clay roof tiles (Koramic, Tondach) in Europe as well as concrete pavers (Semmelrock) in Eastern Europe. In pipe systems (Steinzeug-Keramo ceramic pipes and Pipelife plastic pipes), the company is one of the leading suppliers in Europe. By acquiring Meridian Brick, Wienerberger further strengthened its position as a leading supplier of facade products in North America. With its total of 215 production sites, the Wienerberger Group generated revenues of € 4.0 billion and EBITDA LFL of € 671 million in 2021. 

For further information, please contact:
Claudia Hajdinyak, Head of Corporate Communications Wienerberger AG
t +43 664 828 31 83 | [email protected]

Daniel Merl, Head of Investor Relations Wienerberger AG
t +43 1 601 92 - 10221 | [email protected]