Lindt & Sprüngli closes chocolate stores in Russia

11-Mar-2022 - Switzerland

unsplash

Swiss chocolate manufacturer Lindt & Sprüngli is discontinuing its business in Russia after initial hesitation. At the annual press conference on Tuesday, the company's CEO Dieter Weisskopf had rejected such claims. After all, he said, the company produces food, not weapons or oil. On Wednesday, however, the company made a U-turn: Business activities in Russia had been re-evaluated, the company announced. The company's own stores would be temporarily closed immediately and all deliveries to Russia would be stopped.

Lindt & Sprüngli operates eight stores in Russia. Business with Russia and Ukraine accounts for less than one percent of global sales, Weisskopf had said Tuesday. Sales last year amounted to 4.6 billion francs (4.56 billion euros)./brd/DP/ngu

Note: This article has been translated using a computer system without human intervention. LUMITOS offers these automatic translations to present a wider range of current news. Since this article has been translated with automatic translation, it is possible that it contains errors in vocabulary, syntax or grammar. The original article in German can be found here.

Other news from the department business & finance

Most read news

More news from our other portals

AI is changing the food & beverage industry