Ritter Sport is a German brand of chocolate. Manufactured by Alfred Ritter GmbH & Co.
Still operating in Russia with increasing revenue volumes in 2022 vs 2021.
Promised to halt new investments and advertising. The medium size German company put out a statement on Twitter over a year ago, explaining that Russia is the second largest market for the company after Germany, and committing all profits to humanitarian aid organizations: "to secure jobs and the livelihoods of many cocoa farming families we continue to supply chocolate to the Russian population". Caring for the cocoa farmers is commendable. Does it justify 91% increase year-to-year after the invasion? A year starting March 1, 2022 saw an increase to 79 million USD from 41.4 million USD the previous year.
March 31, 2022 | Our statement |
March 30, 2022 | Ritter Sport sticks to business in Russia |
March 30, 2022 | The German chocolate manufacturer Ritter Sport has decided not to leave the Russian market |