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18/12/2024
Wednesday
THIS DAY IN HISTORY:
18 December 
1970 France, on behalf of 25 EU countries, called for the decriminalization of same-sex relations.
1970 France, on behalf of 25 EU countries, called for the decriminalization of same-sex relations.
1970 The slavery was abolished in the United States.
1970 the slavery in the United States was abolished.
1970 The anthem of the Russian Empire “God Save the Tsar!” was performed for the first time.
18 December
1970 France, on behalf of 25 EU countries, called for the decriminalization of same-sex relations.
1970 France, on behalf of 25 EU countries, called for the decriminalization of same-sex relations.
1970 The slavery was abolished in the United States.
1970 the slavery in the United States was abolished.
1970 The anthem of the Russian Empire “God Save the Tsar!” was performed for the first time.
Did not leave Russia: which foreign companies decided not to leave the market
Sanctions announced by various countries against the backdrop of a special military operation carried out by the Russian authorities forced many commercial organizations to leave the Russian market. However, not all well-known brands have made a decision to stop interacting with their consumers. Many companies chose to continue working in the country, despite the difficulties with logistics and the volatility of the national currency.
Among the firms that have decided to stay with Russians is Inventive Retail Group, which runs sportswear brands like Nike, Street Beat and The North Face. The company's management announced plans to continue its activities in the country, while maintaining the assortment policy.
As noted by the 2x2.su Internet portal, the Volvo car brand is about to continue work in Russia. The company has suspended the import of new cars, but has maintained a warranty policy for existing customers. The corresponding message was published on the pages of social networks.
There are large foreign retailers represented by Leroy Merlin (112 outlets in the country) and Auchan. The popular Metro Cash & Carry chain, which has been operating since 2000, has remained in Russia. The company said it would honor previous contracts with restaurant and hotel owners. The Globe company also did not rush to close. Despite rumors, shops continue to work.
Pharmaceutical company Novartis AG has decided to stop investment activities, but will not suspend the work of the company in St. Petersburg, engaged in the production of medicines. A similar decision to suspend investment in the economy was made by Mondelez, which manages food brands such as Alpen Gold, Milka, Toblerone, Barny, Oreo and Halls.
The Blablacar service did not close its subsidiary in Russia. Storytel streaming service remains in the market as well. The online yoga app Down Dog went even further and temporarily made the subscription free for residents of Ukraine and Russia.
The perfume brand L'Etoile said that the company may have difficulties with partners who have left the country, but the products will continue to be sold. The decision to maintain its presence in the market was also made by the Swedish company Oriflame.
Spar supermarket chain, manufacturer of hygiene products and Huggies diapers Kimberly-Clark company, Banking holdings Societe Generale, UniCredit, Citigroup and Intesa Sanpaolo currently have no plans to leave Russian market.
Among the firms that have decided to stay with Russians is Inventive Retail Group, which runs sportswear brands like Nike, Street Beat and The North Face. The company's management announced plans to continue its activities in the country, while maintaining the assortment policy.
As noted by the 2x2.su Internet portal, the Volvo car brand is about to continue work in Russia. The company has suspended the import of new cars, but has maintained a warranty policy for existing customers. The corresponding message was published on the pages of social networks.
The brands Toyota and Hyundai remained in Russia.
Both brands reported that they had problems with the supply of components, but there was no talk of closing assembly shops. Brands continue to operate despite delays.There are large foreign retailers represented by Leroy Merlin (112 outlets in the country) and Auchan. The popular Metro Cash & Carry chain, which has been operating since 2000, has remained in Russia. The company said it would honor previous contracts with restaurant and hotel owners. The Globe company also did not rush to close. Despite rumors, shops continue to work.
Pharmaceutical company Novartis AG has decided to stop investment activities, but will not suspend the work of the company in St. Petersburg, engaged in the production of medicines. A similar decision to suspend investment in the economy was made by Mondelez, which manages food brands such as Alpen Gold, Milka, Toblerone, Barny, Oreo and Halls.
South Korean brands Samsung and LG also denied rumors of a possible withdrawal from the market.
The company said that all services and applications purchased by the Russians will continue to operate as usual. A similar situation is developing with Chinese manufacturers of digital equipment - Huawei and Xiaomi. Both brands only reduced the volume of deliveries, explaining this by economic reasons.The Blablacar service did not close its subsidiary in Russia. Storytel streaming service remains in the market as well. The online yoga app Down Dog went even further and temporarily made the subscription free for residents of Ukraine and Russia.
The restaurant chain KFC did not want to completely part with the Russians, closing about 70 establishments out of a thousand operating in the country (many operate on a franchise basis).
Domino's Pizza also retained 188 restaurants by suspending its investment program.The perfume brand L'Etoile said that the company may have difficulties with partners who have left the country, but the products will continue to be sold. The decision to maintain its presence in the market was also made by the Swedish company Oriflame.
Spar supermarket chain, manufacturer of hygiene products and Huggies diapers Kimberly-Clark company, Banking holdings Societe Generale, UniCredit, Citigroup and Intesa Sanpaolo currently have no plans to leave Russian market.
23.03.2022
