Bacardi
Bacardi
Bacardi Limited is the largest privately held, family-owned spirits company in the world. Originally known for its Bacardí brand of white rum, it now has a portfolio of more than 200 brands and labels.
Bacardi's Russia business grows as other booze makers leave country. The company continues to develop business in Russia and hires new employees. The NACP added the world's largest private alcohol company Bacardi to the list of international war sponsors. After the full-scale Russian invasion of Ukraine, Bacardi announced that it would stop exporting to Russia and stop investing in advertising, but it continues to do business in Russia and is actively looking for new employees there.
The Company Statement
August 10, 2023
Paused exports to Russia and suspended advertising investments. Pledged $1M donation to Red Cross and Mercy Corps (office in Moscow). Bacardi, which announced a cessation of exports after the start of the war, continues to supply alcohol to the Russian Federation and bottling whiskey at a Russian factory. Bacardi continues to deliver to Russia, and the profit of the Russian branch of the company - Bacardi Rus - tripled in 2022 - from 1.5 billion to almost 4.7 billion rubles.
| September 14, 2023 | Never Can Say Goodbye. Despite Corporate Boycotts, Western Luxury Brands Are Still for Sale in Russia |
| August 13, 2023 | Bacardi Continues to Import Spirits to Russia and Expands Staff |
| August 10, 2023 | Bacardi - International sponsor of war | War and sanctions |
| August 10, 2023 | Alcohol manufacturer Bacardi was included in the list of international sponsors of war |
| August 09, 2023 | Alcohol manufacturer Bacardi continues to develop business in the Russian Federation and hires new employees - WSJ |
| August 08, 2023 | While other companies leave the Russian market, the maker of Bacardi thrives there |
| August 08, 2023 | Bacardi’s Russia Business Grows as Other Booze Makers Leave Country |
| August 08, 2023 | WSJ spoke about the growth of Bacardi business in Russia |
| June 30, 2023 | Bacardi reneges on promise to quit Russia, sees profits triple |
| June 28, 2023 | Bacardi, which announced a cessation of exports after the start of the war, continues to supply alcohol to the Russian Federation and bottling whiskey at a Russian factory |
| June 28, 2023 | The Bell: Bacardi, which announced a cessation of exports after the start of the war, continues to supply alcohol to the Russian Federation and bottling whiskey at a Russian factory |
| June 28, 2023 | Instead of leaving the Russian Federation, the global alcohol producer tripled its profit |
| March 10, 2022 | Bacardi Response & Support For Ukraine |
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