LTLithuania's Kesko Senukai, a home improvement retail group, confirmed it sold its indirect 50% stake in Belarusian retailer OMA last year and no longer operates in Belarus. The decision followed Russia's full-scale invasion of Ukraine in 2022, prompting the company to terminate all business ties and supply chains in the region. While the 2025 annual report shows increased revenue for OMA in Belarus, Kesko Senukai clarified that these figures reflect OMA's operations, not its own, as OMA remained part of their consolidated financial statements under accounting rules. Despite announcing plans to exit OMA's ownership in 2022, the report does not mention the completion of the sale or any proceeds from it. Kesko Senukai also reported strong financial results for 2025, including a 12.7% increase in net profit.
Bias read (Center): The article presents factual statements from Kesko Senukai regarding its withdrawal from Belarus due to geopolitical circumstances. It includes direct quotes from the company's communications director and references financial data from the annual report. There is no overtly biased language or one-si
