Reducing Activities: company scaling back some business operations while continuing others

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L'Oreal is a French personal care company. It is the world's largest cosmetics company and has developed activities in the field concentrating on hair colour, skin care, sun protection, make-up, perfume, and hair care.

Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back

Global 500, is an annual ranking of the top 500 corporations worldwide

Global 500

Top 100 largest companies in Russia by revenue

Top 100
Revenue, mln.USD
868
Staff
2200
Taxes, mln.USD
168
Glob.Revenue, mln.USD
34134
Capital, mln.USD
318
Assets, mln.USD
366
Plants
1

Has a plant in the Kaluga region.

The Company Statement
July 28, 2022

The company is temporarily closing its stores in Russia and suspending investments in the country. There are no statements about its Russian plant. In Russia, the Group has temporarily closed all its own stores and e-commerce sites and suspended all industrial and media investments. In accordance with European and American sanctions, it has suspended the sales of all products except essential daily products

September 10, 2022
April 08, 2022L'Oreal will close stores in Russia - RBC
March 08, 2022L'Oreal temporarily shuts stores in Russia and condemns the war
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