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Procter & Gamble allowed a complete exit from Russia

Procter & Gamble allowed a complete exit from Russia
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Thursday, 21 April, 2022, 10:06

Procter & Gamble (P&G), which owns the Always, Gillette, Pampers, Tide, Oral-B and other brands, has announced the risk of a full withdrawal from Russia, Reuters reports citing a company statement.

Procter & Gamble warned of a possible cessation of business in Russia due to Western sanctions imposed against the country, restrictions on financial institutions, difficulties in logistics and currency control. Representatives of the organization pointed out that there is ''a high level of uncertainty about how the Russian special operation in Ukraine will develop, what its duration will be and its final resolution.''