Russian Coatings Risk Report

⚖️ Legal & Regulatory

The Russian coatings industry has been affected by legal and regulatory challenges, primarily related to sanctions and ongoing adjustments in the market environment. The sector faces financial stress with legal compliance being a critical issue amid the withdrawal of foreign investments. This regulatory turbulence is causing shifts in operational strategies within the industry.

• Finnish paint and coatings manufacturer Tikkurila withdrew from Russia 🗓 2025-02-12, highlighting the impact of international sanctions.
• PPG and Finnish paint maker Tikkurila completed their exit from Russia 🗓 2025-02-13, following regulatory pressures.
• The Russian printed inks market continues to adapt to sanctions 🗓 2024-02-26, affecting business operations and market dynamics.

🏗️ Operational & Business Continuity

Russian Coatings JSC is striving to maintain operational stability amid challenging circumstances. The broader coatings industry in Russia is currently grappling with operational risks linked to international sanctions and increased competition from imports, primarily from China. These factors threaten business continuity and require strategic adjustments from companies to sustain growth.

• The Russian coatings industry scrambles to keep operations running 🗓 2025-07-11, indicating persistent operational challenges.
• The Russian coatings industry braced for a tough year 🗓 2025-07-12, demonstrating ongoing struggles to maintain business continuity.
• The Russian coating industry was braced for the impact of the Ukraine war 🗓 2022-04-18, contributing to operational difficulties.
• Tough competition with Chinese imports poses operational risks for the Russian coatings industry 🗓 2023-05-26.
• Russian scientists developed a coating to protect aircraft engines 🗓 2025-06-02, showcasing innovation despite operational hurdles.

📜 Innovation & R&D

Innovation remains a pivotal aspect of the Russian coatings industry, particularly regarding the development of protective technologies. Even under challenging market conditions, there is an emphasis on R&D to sustain competitiveness and profitability.

• Russian scientists developed a new coating to protect aircraft engines 🗓 2025-06-02, showcasing significant strides in innovation.
• A new generation of cutting-edge coatings became available in Russia 🗓 2021-08-02, demonstrating ongoing R&D efforts despite market pressures.

🏅 Awards & Recognition

Despite the challenges, entities within the Russian coatings industry are still gaining recognition for their efforts to maintain a robust workforce. A noteworthy achievement includes being acknowledged for exceptional human resource practices.

• Axalta won the Best Employer in Russia Award 🗓 2025-07-10, underscoring the company's efforts in prioritizing employee satisfaction.