Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalVičiūnai Group
Vičiūnai Group
Viciunai Group was established in 1991. The company is one of the largest and economically powerful producers of crab taste sticks, surimi products and fish in Europe. The group trades under the brand name „VICI“ in more than 61 countries around the world. Viciunai Group consists of 80 companies in 21 countries. The group employs more than 5000 enthusiastic people across its 9 processing sites.
Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalVičiūnai Group factory in Kaliningrad is considered to be one of the largest Lithuanian business investments in Russia.
The Company Statement
April 08, 2024
Selling Russian operations and exiting Russia but returned supply of raw materials in RF as "it was a condition of the buyer". Viciunai continue their business as usual in Russia without any reductions despite their statements, attempt to exit Russia. Dragging feet on exiting Russia despite announcement. Viciunai successfully defends Russian trademark in court. NACP added Viciunai Group to the list of international war sponsors. The Lithuanian company Vičiūnai supplied Russia with sanctioned goods, in particular, for the production of tanks. Lithuanian surimi producer Viciunai Group has found a buyer for its Russian business almost two years after announcing its exit from the country. The Russian authorities have approved the agreement on the transfer of 100% ownership of Vicunay-Rus LLC, the Russian division of the company, to the management company Ocean Group, which was established in June 2023.
April 12, 2024 | The Lithuanian company Vičiūnai supplied Russia with sanctioned goods, in particular, for the production of tanks |
April 08, 2024 | Lithuanian crab stick manufacturer Vici is preparing to part with Russian business |
January 04, 2024 | Still feeding the aggressor: NACP added Viciunai Group to the list of international war sponsors |
January 04, 2024 | Viciunai Group - International sponsor of war | War and sanctions |
January 04, 2024 | Feeding the aggressor: Corruption Prevention Agency adds food manufacturer Vici to list of international sponsors of war |
November 30, 2023 | VICI has already stated that their plant in the Russian Federation “will not close” |
August 15, 2023 | Viciunai successfully defends Russian trademark in court |
April 17, 2023 | Matijošaitis now says he has no idea when "Vičiūnai" will leave Russia: it was supposed to be April 7, but so far it's quiet |
March 05, 2023 | Kaunas mayor vows that his business will exit Russian market |
September 27, 2022 | Vičiūnai Group, which is still operating in Russia, does not want to open up about employee mobilization and claims to have "important business challenges" |
July 18, 2022 | The position of "Viciunai Group" regarding the termination of business relations with Russia |
June 20, 2022 | Viciunai Group will sell the entire business package in Russia to the chosen buyer |
May 18, 2022 | Viciunai Group advisors have compiled a long list of potential business buyers in Russia, including more than 30 companies |
April 06, 2022 | The Lithuanian product manufacturer Viciunai Group will leave the Russian market |
March 15, 2022 | OFFICIAL NOTICE OF VICIUNAI GROUP ON TERMINATION OF BUSINESS IN RUSSIA |
All company names used on this web page are for identification purposes only. All trademarks and registered trademarks are the property of their respective owners.
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