Maritime construction company Van Oord is taking steps to wind down its activities in Russia. At the presentation of the annual figures on Friday, the builder said that it was no longer taking on new orders in Russia, and that it had the intention to phase out all current activities in a “controlled manner”.
To date, Van Oord has declined to comment on its activities in Russia, except that it declined to comment “for security reasons”. Van Oord still has an office in Saint Petersburg, where some of the company’s employees still work.
Many Western companies already ceased their activities in Russia in the first weeks after the Russian invasion of Ukraine. Shell, Unilever, Heineken and various accountancy firms on the Zuidas, among others, left Russia. Dredger Boskalis also had an office in Russia, but has since removed its staff there.
Also read: What are Dutch companies doing with business in Russia?
Mammoet will continue
For example, logistics transport company Mammoet stated on Friday that it would maintain operations in Russia, although it would not say anything about the reasons for staying in Russia. The company is currently undertaking the largest contract in its history at Murmansk, where an LNG terminal is being built using Mammoet’s cranes. It says it will no longer accept new orders. Ballast Nedam also held back against the trade magazine Cobouw at the presentation of the annual figures on Thursday about its Turkish parent company Rönesans, which also has an office in Moscow.