A.P.Moller-Maersk (Maersk) has entered into an agreement to divest its logistics sites in St. Petersburg and Novorossiysk to IG Finance Development. "Maersk divesting the two sites is a consequence of the company’s decision made in March 2022 to discontinue activities in Russia," says an official release. Both the companies have not disclosed the financial details of the transaction. "We are pleased to have found a new owner of our two logistics sites in Russia and thereby execute on our decision to divest all our assets in the country," says Karsten Kildahl, Chief Commercial Officer, Maersk. "Throughout the divestment process, we have as a company felt a strong responsibility towards the remaining 50 employees at the two sites, and we are happy that they will be offered employment as part of the new setup."
