The Swedish company Essity said that it does not consider parallel imports of its products to Russia, continuing its implementation. At the same time, the company is discussing the option of selling business in the Russian Federation, and factories in Russia continue to work as usual.
Earlier, the manufacturer of personal care products under the brands Zewa, Tork, Libero, Libresse and TENA announced its withdrawal from the Russian Federation.
“We continue to sell our products in Russia. We do not consider parallel imports,” said Karen Hakobyan, general director of Essity LLC, in a statement (quoted by Interfax). “The exact way out has not yet been determined and will be developed in detail as part of the work begun. Essity will consider all options, including the sale,” the press service of Essity LLC quoted Mr. Hakobyan as saying. Essity’s 1.3 thousand employees in Russia will continue to work and receive wages until a final solution is found.
There are three factories of Essity in Russia, in total, 1,300 people are employed in the Russian division of the company. In 2021, Essity’s sales in Russia amounted to about $29.5 million, or 2% of the total turnover.
Earlier, the decision to stop working on the Russian market was made by the manufacturer of cosmetics and household chemicals Henkel.
