Ritter Sport continues to do business in Russia

31-Mar-2022 - Germany

Chocolate manufacturer Ritter Sport continues to supply chocolate to Russia despite the war in Ukraine.The company did not make the decision lightly, a spokesman said on Tuesday in Waldenbuch. A stop in deliveries would have the consequence that production would have to be drastically reduced, "and thus also have a serious impact on us as an independent medium-sized family business." Ultimately, cocoa farmers would also be affected.

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Russia is an important market for the Swabian chocolate manufacturer. According to the company, its business in Russia accounts for around seven percent. However, it cannot go on as before, the spokesman said. Thus, Ritter Sport had already made and implemented the decision at the beginning of March "not to invest further in the Russian market as well as to stop advertising there." Initially, the "Stuttgarter Nachrichten" had reported on this./rwi/DP/jha

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.

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