Primo has sold off all Russian activities
Due to the situation and challenging business environment in Russia, Primo has decided to stop production in Russia permanently and sell off all activities.
Primo has sold off its production and entire presence on the Russian market from 17 June 2022.
The buyer is a customer of Primo, Russia-based Frostor.
Frostor will continue the profile production and guarantees the complete take-over of serving the Russian market with custom-made plastic profiles.
Primo provides consultancy assistance to the extent necessary concerning tool design for a shorter period.
Learn more about Frostor:
https://frostor.ru/
About Primo
Headquartered in Copenhagen, the Danish group has sales and production activities at 11 locations in Europe and China. The group currently has 980 employees and a turnover of 205 million EUR (per 31.12.2022). The company was founded and owned by the Grunnet family and, since its beginning in 1959, has specialised in designing and producing customer-specific profile solutions in plastic.