Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling Back
The largest manufacturer of wet wipes and personal care products in the EU and CIS countries. Full cycle of cotton pads production from purchase of cotton box and packing to final product.
Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling BackiCotton is a producer of hygiene products, which earned EUR 13.6 million from a total turnover of EUR 21.7 million on the Russian market in 2021. The company said it was outraged to be on the list as it is rapidly trying to refocus. “From once 60+%, the remaining proportion of Russia amounted to around 5% and no new supplies will take place from October,” Sergejs Binkovskis, chairman of the company's board of directors, wrote in a response.
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