Clean Break: the company completely halting Russian engagements or exiting Russia
Leave Withdrawal
Stoli Group is a leader in the production, management and distribution of extraordinary adult beverages. Established in the late 1990’s as part of SPI Group, Stoli Group owns an enviable portfolio of ultra-premium spirits, wines and non-alcoholic beverages. It is a leader in the production, management, and distribution of these brands around the world.
Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalRebranded its Stolichnaya vodka to Stoli, Will only use Slovakian sources to ensure no ingredients are sourced from Russia. Stolichnaya vodka maker has filed for bankruptcy following a devastating cyberattack in September and an ongoing legal battle with Russia over who owns the brand. Stoli Group USA filed for Chapter 11 bankruptcy protection in U.S. bankruptcy court in Dallas last week after a “malicious cyberattack” forced the company to run its global business manually “while systems are rebuilt,” Chief Executive Officer Chris Caldwell said in a statement.
| December 02, 2024 | Stoli Vodka files for bankruptcy after cyberattack, legal feud with Russia |