Report: Swarovski to leave Russia, close business in country - Consumer Goods & Retail - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Report: Swarovski to leave Russia, close business in country

BERLIN, Mar 9 (PRIME) -- One of the world’s largest suppliers of crystals for jewelry, clothes, and lighting equipment Swarovski will leave the Russian market completely and close its business in the country, CEO Alexis Nasard said in an interview to news portal Trend published on Thursday.

The company has concluded that it is unable to support suspended operations in Russia, Nasard said.

The closure of business will be done in compliance with the laws, including economic sanctions, but the deadline for the withdrawal is unclear, he said.

Swarovski suspended sales in Russia in March 2022.


09.03.2023 19:29
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 82.5428 +0.1692 22 mar
USD 76.8373 -0.4049 22 mar
Stock Market Indices
1D 1W 1M 1Y
micex 2431.23 +1.42 18:50 21 mar
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 175.70 0.00 23:50 21 mar
lkoh 4228.50 +2.85 23:50 21 mar
rosn 373.95 -0.91 18:33 21 mar
sber 204.90 +0.57 18:33 21 mar
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 82.6200 +0.3950 14:59 21 mar
USDTD 76.6950 -0.4225 17:44 21 mar