Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Stay Pausing InvestmentsThe Hero Group is a private, Swiss international consumer food manufacturer and marketing company, which primarily sells infant formula, baby food, jam, and nutritional snack foods. In 2015, the Group generated revenues of CHF 1.26 billion and had 4,300 employees around the world.
Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Stay Pausing InvestmentsReceived revenues in Russia in 2021. The Hero Group has ceased virtually all investments and operations in Russia (sales of all products except baby milk). All proceeds from baby milk is being donated to organizations supporting Ukrainian refugees.