Clean Break: the company completely halting Russian engagements or exiting Russia

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Pernod Ricard is a French company, manufacturer and distributor of alcoholic beverages. Company's brands: Absolut, Ballantine's, Beefeater, Chivas Regal, Havana Club, Jameson, Malibu, Martell, Mumm, Perrier-Jouët, Ricard, Royal Salute, The Glenlivet

Clean Break: the company completely halting Russian engagements or exiting Russia

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Revenue(RF), mln.USD
200
Assets(RF), mln.USD
74
Capital(RF), mln.USD
69
Glob.Revenue, mln.USD
13585
Staff(RF), 2021
1919

Pernod Ricard can confirm that it has stopped all exports of its international brands to Russia at the end of April 2023. "We will also cease the distribution of our portfolio in Russia, a process that we anticipate will take some months to complete".

The Company Statement
September 02, 2024

Initially paused exports to Russia. The Pernod Ricard company, which owns Ireland's largest Jameson whiskey brand, has resumed supplies to the Russian market. Sales were suspended in March last year after the start of a full-scale war between the Russian Federation and Ukraine. The Absolut Company has decided to stop the export of its brand to Russia. Chivas employed several hundred people in Russia, and ceased exporting its international brands to the country at the end of April 2023, following a “complicated” exit process.

September 02, 2024Chivas Brothers cites Russia exit in year of 'ups and downs'
August 29, 2024Pernod Ricard’s Russia exit leads to sales fall for Scotch whisky maker Chivas Brothers
August 18, 2023The Pernod Ricard alcohol concern, which owns the Chivas Regal, Jameson, and Ararat brands, is preparing to close its representative office in the Russian Federation
May 19, 2023Pernod Ricard has ended all exports to Russia, but exit will take 'some months'
May 18, 2023The Ministry of Economy confirmed that Yerevan brandy factory will stop exporting its products to Russia
May 12, 2023Pernod Ricard to cease its operations in Russia
May 11, 2023Absolut starts exporting to Russia again – after the stop
April 27, 2023Update on Russia
April 27, 2023Jameson owner Pernod Ricard to halt exports to Russia after backlash
April 27, 2023Letter sent by B4Ukraine to the company (no response provided)
April 26, 2023Seven key facts from my investigation of Pernod Ricard's business in Russia.
April 18, 2023Absolut vodka exports to Russia discontinued after outcry in Sweden
April 18, 2023Absolut ceases exports to Russia, effective immediately
April 18, 2023Pernod Ricard Exports into Russia
April 12, 2023Swedish manufacturer of vodka Absolut resumes exports to Russia
April 02, 2023Jameson owner Pernod Ricard resumes Russia sales - Independent.ie
April 04, 2022The owner of Jameson whiskey has resumed deliveries to the Russian Federation
March 07, 2022Jameson, Baileys and Guinness join Russia boycott
March 03, 2022Diageo, Pernod Ricard pause sales in Russia
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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