Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Wait Pausing Investments
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.
Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Wait Pausing InvestmentsVičiūnai Group factory in Kaliningrad is considered to be one of the largest Lithuanian business investments in Russia.
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.