Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalThe Biosphere Corporation has been operating in Ukraine for over 20 years. Its products are represented in the markets of 30 countries in Europe and Asia. The product portfolio includes over 2 thousand items under 13 trademarks: "Freken BOK", Smile, Selpak, Vortex, Novita, PRO Service, LaiKit, Bambik, etc.
Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalThe Biosphere Corporation, one of the largest in Ukraine on the household goods market, in the very first days of the war launched by Russia against Ukraine decided to terminate all business relations on the markets of the Russian Federation and Belarus. In addition, Biosphere announced the termination of licenses in Russia for the use of the trademarks "Bonus", "Freken BOK", Lady Cotton, Novita, "Freshberry", Vortex, Smile. It also banned the use of the name "Biosphere Corporation" and its logo in Russia. However, the Biosphere Corporation, which has many well-known brands in its portfolio, constantly faces unfair competition in terms of copying the design of product packaging even in Ukraine. As for Russia, unfortunately, there are currently no legal mechanisms for Ukrainian companies to regulate such situations. The production of the brands (Freken BOK) in Russia was to be completely stopped on May 30, and by June 15, 2022 all stocks were to be sold and work with these trademarks was planned to be completely stopped.
March 16, 2022 | Biosphere Corporation terminates business relations in the Russian and Belarusian markets |