Danone leaves the Russian market

11:41 - 14.10.2022


October 14, Fineko/abc.az. France’s Danone has decided to launch the process of transferring actual control over the dairy and vegetable production business in Russia, ABC.AZ reports, referring to Danone’s website.

"Danone announces today its decision to initiate the process of transferring the actual control of its dairy and vegetable products business in Russia. Danone believes this is the best option to ensure the long-term continuity of local business processes, as well as for its employees, consumers and partners," Danone said in a statement.