Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business

Stay Pausing Investments

Reckitt Benckiser is a home, health and personal care company. Brands: Strepsils, Veet, Air Wick, Calgon, Clearasil, Durex, Lysol, Vanish.

 
 
 
 
 

Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business

Stay Pausing Investments
United Kingdom
Consumer Goods & Clothing
Pharma & Healthcare

Top 100 largest companies in Russia by revenue

Top 100
Revenue(RF), mln.USD
458
Assets(RF), mln.USD
320
Capital(RF), mln.USD
185
Glob.Revenue, mln.USD
17811
Staff(RF), 2021
4636
The Company Statement
March 12, 2023

Begins a process aimed at transferring ownership of its Russia business. Strepsils maker Reckitt Benckiser said in April 2022 that it would transfer ownership of its Russian business to a third party or local employees, but so far has failed to do so. Trading data shows that Reckitt Benckiser Exports into Russia. Freeze capital investments, advertising, sponsorships and promotions in Russia. Began process of aimed at transferring Russian business.

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Statements Archive
November 21, 2023The State Duma demanded a reduction in prices for condoms and complained about the dominance of foreign brands
July 26, 2023Western Companies in Russia Fear Further Asset Grabs by the Kremlin
March 12, 2023Reckitt Benckiser Exports into Russia
February 12, 2023For Fear or Money, Consumer Giants Are Staying in Russia
April 13, 2022An update on Russian operations
April 13, 2022An update on Russian operations (Reckitt begins a process aimed at transferring ownership of its Russia business)
Demand to Leave Russia:Petition text has been copied to the clipboard.
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