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

Stay Scaling Back

Spin Master is a leading global children's entertainment company, creating exceptional play experiences through its three creative centres: Toys, Entertainment and Digital Games.

 
 
 

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

Stay Scaling Back
Revenue(RF), mln.USD
16
Assets(RF), mln.USD
12
Capital(RF), mln.USD
10
Staff(RF), 2021
14
Taxes(RF), mln.USD
2

LLC "SPIN MASTER RUS" (tax ID 7704455590) and warehouse in Russia. Less than 2% of sales are derived from Russia.

The Company Statement
May 20, 2022

Spin Master does not have any operations in Russia. Spin Master suspended operations in the country in March 2022 and made the decisions to officially close the Russia office in June 2022. But three months into the war, Spin Master Corp. (best known for PAW Patrol, Bakugan, Kinetic Sand, and Rubik's Cube) is still “watching the situation in Ukraine” without taking a stance against the war and cutting ties with Russia.

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Statements Archive
March 01, 2023Toymaker Spin Master watching conflict, inflation
March 01, 2022Spin Master does not have any operations in Russia. Spin Master suspended operations in the country in March 2022 and made the decisions to officially close the Russia office in June 2022.
Demand to Leave Russia:Petition text has been copied to the clipboard.
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