Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed

Fazer is one of the largest corporations in the Finnish food industry. The company was founded by Karl Fazer in 1891, as a "French-Russian confectionery" in central Helsinki. Today, it employs over ten thousand people across Finland, Sweden, Russia, Denmark, Norway, Estonia, Latvia, Lithuania and Japan.

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed
Revenue, mln.USD
173
Staff
2490
Capital, mln.USD
104
The Company Statement
March 07, 2022

Left Russia. 12.04.2022: The full name was changed from LLC "FAZER" to LLC "KHLEBNY DOM". 19.05.2022: Kalyavin Vladimir Vladimirovich is no longer the CEO of the organization, Kozlov Dmitry Vladimirovich becomes the new CEO of the organization

https://www.just-food.com/special-focus/ukraine-crisis/fazer-group-sells-rusian-business-to-bakery-firm-kolomenskij/
June 22, 2022https://www.retail.ru/news/khlebozavody-fazer-v-moskve-i-sankt-peterburge-prodolzhayut-rabotat-9-marta-2022-214549/
https://www.fazergroup.com/media/
April 29, 2022https://www.fazergroup.com/settings/cision-news/?id=4251913
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