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Sergei Lutsevitš

Business media and news feed
Installation, installation and maintenance, construction companies, qualified team, maintenance, Tallinn, climate control equipment, air humidifiers, heat pumps, Sales

CORALLANE HOLDINGS OÜ's activity report 2022

The subsidiary Corallane Holdings has been operating in the climate technology market for ten years (founded in November 2010). The company's main activity is the sale of climate and ventilation equipment in the Baltic States and CIS countries (Russia, Ukraine, Belarus, Azerbaijan, Kazakhstan, Georgia, Armenia, etc.). Equipment is purchased from Europe and Southeast Asia. In 2022, sales volume was 26.6% lower than in 2021 (14,107 thousand euros in 2021, 10,352 thousand euros in 2022). The decrease in sales volume is due to the impact of sanctions imposed by the European Union against

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