Tikkurila uses cookies to ensure the best possible user experience. If you continue on our site, you will approve the use of cookies. Read more.

SBU East

SBU East business in brief


Operating area

  • Operating area: Russia, Central Asian countries, Serbia, Macedonia, and China. Furthermore, this SBU is responsible for the exports to more than 20 countries.

  • Production sites: St. Petersburg (3) and Stary Oskol, Russia; Sabac, Serbia; Almaty, Kazkhstan

  • Largest market: Russia (revenue EUR 128 million in 2015, 22% of Group)

Key figures 2015 (EUR million)

  • Revenue: 188.9
  • Operating profit*: 13.4
  • Operating profit*, %: 7.1%
  • Operating profit: 13.6
  • Personnel: 1,441

*excl. non-recurring items


Market position

  • The leading supplier of decorative paints in Russia with a market share of approximately 17% (volume)

Russian paint market

  • The value of the Russian paint market approximately EUR 1.5 billion

  • Paint consumption per capita approximately 4–7 liters, depending on the country

  • The average yearly volume growth of the Russian decorative paints market approximately 6% between 2004–2013

Demand structure

  • Economy price and quality category products

  • Premium price and quality category products expected to rise the fastest along with improving standards of living and higher quality standards


tikkurila logo red label


Finncolor logo


Distribution channels

  • Deco: DIY retailers, independent retailers, wholesalers

  • Industry: direct sales, Temaspeed


  • AkzoNobel, Lakra-Sintez, Empils, ABC-Farben, Meffert, Caparol, a large number of local suppliers


Tikkurila GRI 2015

Financial facts

Financial Fact Sheet