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

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Unilever is a British multinational consumer goods company. Unilever products include food, condiments, ice cream, wellbeing vitamins, minerals and supplements, tea, coffee, breakfast cereal, cleaning agents, water and air purifiers, pet food, toothpaste, beauty products, and personal care.

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

Wait Pausing Investments

Top 100 largest companies in Russia by revenue

Top 100
Revenue, mln.USD
1718
Plants
8
Staff
6500
Capital, mln.USD
521
Taxes, mln.USD
331
Glob.Revenue, mln.USD
55443

Unilever owns 8 large Russian enterprises, including a margarine factory in Moscow, a sauce factory, a tea-packing factory and a perfume and cosmetics factory in St. Petersburg, a food factory and an ice cream factory in Tula, as well as ice cream factories in Novosibirsk and Omsk.

The Company Statement
March 08, 2022

The company suspended all imports and exports of its products into and out of Russia, and will stop all media and advertising spend. Unilever will not invest any further capital into the country nor will get profit from its presence in Russia. Unilever will continue to supply essential food and hygiene products made in Russia to people in the country.

June 24, 2022
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