Procter & Gamble allowed a complete exit from Russia
Procter & Gamble (P&G), which owns the Always, Gillette, Pampers, Tide, Oral-B and other brands, has announced the risk of a full withdrawal from Russia, Reuters reports citing a company statement.
Procter & Gamble warned of a possible cessation of business in Russia due to Western sanctions imposed against the country, restrictions on financial institutions, difficulties in logistics and currency control. Representatives of the organization pointed out that there is ''a high level of uncertainty about how the Russian special operation in Ukraine will develop, what its duration will be and its final resolution.''
Nike leaving Russian market136125.05.2022, 19:48
Euro exchange falls below 59 rubles first time since June 2015126423.05.2022, 19:54
Levi's suspends sales in Russia89623.05.2022, 11:00
Rosneft says Germany's Schroeder steps down from board180320.05.2022, 16:36
Zurich Insurance to sell Russian business to local team120020.05.2022, 11:18
Recruitment agency Kelly Services will sell a business in Russia115920.05.2022, 11:06