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Istratech Group

Company

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History

2024: Istratech Group bought the Russian plant of the pump manufacturer Grundfos

On February 5, 2024, Russian President Vladimir Putin signed an order that allowed Istratech Group to buy the Grundfos pump manufacturer. It follows from the document that the decision was made in accordance with the presidential decree on the application of economic measures in connection with the unfriendly actions of some foreign states. Read more here.