Chocolate maker Lindt & Sprüngli pulls out of Russia
Swiss chocolate manufacturer Lindt & Sprüngli is withdrawing from the Russian market, after announcing in March that it would cease operations there following the invasion of Ukraine by Russian armed forces.
“We will support our employees in Russia and act in accordance with local regulations,” the Zurich-based company said in a short statementExternal link on Tuesday.
On March 9 Lindt & Sprüngli announced it was closing its eight shops in Russia and halting deliveries. The previous day managing director Dieter Weisskopf had said he wanted to keep operations running for the time being.
“We’re not supplying arms or petrol, bear that in mind. But we’re monitoring the situation closely,” he said at the time.
More
More
Swiss companies’ balancing act with Russia
This content was published on
Big consumer brands are leaving Russia in droves but for many Swiss companies untangling ties isn’t that easy.
In March the Lindt & Sprüngli group employed around 120 people in Russia, where it generates less than 1% of its turnover on a total of CHF4.59 billion ($4.83 billion) in 2021.
After Russia’s invasion of Ukraine, several Swiss companies suspended their activities in Russia. Others pulled out for good, while for others it was business as usual.
More
More
Stay or go? The dilemma of Swiss companies in Russia
This content was published on
Caught between potential damage to their image and having their businesses confiscated, Swiss firms active in Russia have a tough choice.
What can be done to protect biodiversity in your country?
Swiss voters are set to decide on a people’s initiative calling for better protection of ecosystems in the country. Have your say on the September 22 vote.
Beleaguered Swiss watch industry calls for political support
This content was published on
The Swiss watch industry is going through difficult times as global demand declines and the strong franc piles on the pressure.
This content was published on
Hollywood star Pamela Anderson will be honoured at the Zurich Film Festival for her career and role in the film The Last Showgirl.
Switzerland to host Ukraine mine action conference in October
This content was published on
Together with Ukraine, Switzerland is organising the Ukraine Mine Action Conference (UMAC2024) in Lausanne on October 17 and 18.
Switzerland revises pension expenditure downwards by billions
This content was published on
The Swiss government has corrected downwards the projected expenditure on old-age and survivor insurance in 2033 by CHF2.5 billion ($2.66 billion).
Excess mortality rate post-Covid could persist until 2033
This content was published on
According to a report by reinsurer Swiss Re, many countries are still experiencing excess mortality following the Covid-19 pandemic.
Swiss Army ends clean-up operation in storm-hit Maggia Valley
This content was published on
The Swiss Armed Forces completed 76 flight hours during the clean-up operation following the storm in the Maggia Valley in Ticino at the end of June.
Swiss cruise ship stranded on Danube River after heavy rains
This content was published on
Passengers on a Swiss river-cruise ship stranded on the Danube following heavy rainfall are still unable to disembark in Vienna due to flooding.
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.
Read more
More
Swiss traders feel the pinch in Russia
This content was published on
Swiss firms start to feel the heat both in Russia and at home as the Ukraine crisis and Russian sanctions start to hinder trade.
Ukrainian officials shame Nestlé over Russia presence
This content was published on
Ukraine's top government officials have accused the Swiss multinational of being complicit in Russia’s "war crimes" in their country.
Swiss multinationals under pressure to untangle ties with Russia
This content was published on
Swiss companies are distancing themselves from Russia following the deadly attacks on Ukraine and subsequent economic sanctions.
West Africa braces for tough sustainable cocoa rules in Europe
This content was published on
Stricter sustainability rules could exclude West African cocoa from European markets. A cocoa farmers’ database in Ghana could be a game changer.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.