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

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The S Group is a Finnish retailing cooperative organisation with its head office in Helsinki. Founded in 1904, it consists of 20 regional cooperatives operating all around Finland in addition to SOK, Suomen Osuuskauppojen Keskuskunta.

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

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Glob.Revenue, mln.USD
12179
Shops
11

Part of the Finnish S Group of retail cooperatives, Prisma opened its first store in St. Petersburg in 2008 and is expanding fast.

The Company Statement
January 04, 2022

S Group announced in March 2022 that it was withdrawing from the Russian market and announced it was selling off its Prisma stores in St.Petersburg. In addition to the three Sokos hotels, S Group owns one hotel property in St. Petersburg that is not part of the transaction and will be sold at a different point.

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June 22, 2022S Group sells St. Petersburg hotels
Part of the Finnish S Group of retail cooperatives, Prisma opened its first store in St. Petersburg in 2008 and is expanding fast.
Location of Prisma supermarkets in St. Petersburg (11 as of January 2023)
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