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

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 or liquidated local entity(ies)

Exited Exit Completed
Revenue(RF), mln.USD
220
Assets(RF), mln.USD
196
Capital(RF), mln.USD
119
Staff(RF), 2021
2862
The Company Statement
May 03, 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

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Statements Archive
September 14, 2023Never Can Say Goodbye. Despite Corporate Boycotts, Western Luxury Brands Are Still for Sale in Russia
April 29, 2022https://www.fazergroup.com/settings/cision-news/?id=4251913
March 09, 2022Fazer bakeries in Moscow and St. Petersburg continue to operate – Retail and retail news
March 07, 2022Fazer and S Group latest Finnish companies to pull back from Russia
Media - Fazer Group
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