Ferrero SpA is an Italian manufacturer of chocolate and other confectionery products.

Top 100 largest companies in Russia by revenue

Top 100
Revenue(RF), mln.USD
Assets(RF), mln.USD
Capital(RF), mln.USD
Glob.Revenue, mln.USD
Staff(RF), 2021
The Company Statement
May 20, 2023

Initially suspended operations in Russia. The company's statement regarding Ukraine contained the following sentence: "we have decided to temporarily suspend all non-essential activities and development plans in Russia, like most other food companies" later this part of the statement was revised to "All non-essential activities and development plans in Russia remain on hold ”, avoiding comparison with “other food companies”. The vast majority of exports are direct. Comparing total exports for the year beginning March 1, 2022 versus a year earlier by value, the growth is 33% ($120 million vs. $90 million). The 33% increase in value was not enough to maintain the market share of exported chocolate: it fell from 18.2% to 16.9%.

August 31, 2023Barilla continues to produce pasta in Russia
March 14, 2022Ferrero pauses “non-essential activities” in Russia
March 12, 2022Nutella maker Ferrero suspends non-essential activities in Russia
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