There since 1993
The company, which is owned by one of Denmark’s richest families – the Kasprzak family in southern Jutland – has stated that it will be in Russia. in order not to leave its employees there.
However, since the issuance of this opinion, Ecco has been close to the situation.
Compared to some of the other Danish companies that have left Russia, Ecco has a large shareholding in the country with over 1,800 employees in around 250 stores.
The company also has a long history there. Has been active in Russia since 1993 and would have a significant impact on the company’s bottom line.
The Russian market accounted for DKK 1.3 billion of the company’s total turnover of DKK 8.2 billion in 2020.
Source: The Nordic Page
