Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Stay Pausing Investments
Volfas Engelman is a manufacturer of alcoholic beverages in Kaunas, Lithuania
Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Stay Pausing InvestmentsThe Kaunas brewery "Volfas Engelman" announced its withdrawal from the Russian market more than a year ago. However, Kaunas beer continues to travel not only to Moscow stores, but also to a company controlled by Russian intelligence.
Suspend investment and withdraw from Russian market. Hundreds of POS from several distributors in Russia even today. The company position was always "it's not us exporting our products to Russia, it's either dishonest distributors/parallel import or some old leftovers or whatnot". As of December 2022 they marked their cans with a small contour of Ukraine and ♥️ in order to "discourage purchase and parallel import" and "consider the matter closed".
| March 28, 2023 | In response to public information, we share our team's position |