Tikkivala

History

2025

Deposit to Sberbank

Bryansk businessman Aleksei Filin, who bought out the former assets Tikkurila in, Russia pledged them. To Sberbank Sberbank has a 100% stake in Tikkiwala LLC. The corresponding entry appeared in the Unified State Register of Legal Entities in July 2025. Filin's structures bought out the former Finnish paint and varnish holding in February 2025. The value of the transaction was not disclosed. The transfer of holdings as collateral to banks is a normal practice for assets that have changed owners from foreigners to Russians.^[1]

Moscow " Smartbusinessgroup" bought out the assets of Tikkurila in Russia

On February 5, 2025, it became known that the Russian structure of the paint manufacturer Tikkurila changed its owner. It was the Moscow JSC Smartbusinessgroup, registered in September 2024.

According to RBC, earlier 100% of the shares of the Russian Tikkurila LLC belonged to the Finnish Tikkurila Oyj. At the same time, Tikkurila managed the entire business of Tikkurila Oyj in the Russian Federation, the main part of which is two large paint plants in St. Petersburg. Against the background of the formed geopolitical situation, Tikkurila, which in June 2021 was absorbed by the American company PPG, announced a reduction in operations in Russia and announced that it was considering the sale of business and controlled withdrawal from the market. In addition to St. Petersburg factories, Tikkurila LLC operates logistics centers in Novosibirsk, Mytishchi and Kopeisk.

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Фото: Freepik

As of the beginning of February 2025, nothing was reported about the value of the transaction with Smartbusinessgroup JSC. This organization is registered in Moscow at: vn. ter. city municipal district Presnensky, Presnenskaya embankment, 12, room 4/55. Anastasia Malashenkova is listed as the general director. The main activity of Smartbusiness Group is the production of concrete products for use in construction. Among other areas of work, the production of gypsum products for use in construction, the activities of agents for the wholesale trade in timber and construction materials, as well as the wholesale trade in other construction materials and products are announced.

In addition, it is noted that on February 5, 2025, the general director was changed at Tikkurila LLC. It was Alexander Sudnev. He also heads Eastkult Mozhaisk JSC, a manufacturer of autoclave concrete previously owned by the German Xella Group.^[2]

Notes