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.
This content was published on
The only alternative to the UN Palestinian agency’s work in Gaza is to allow Israel to run services there, Philippe Lazzarini, UNRWA Commissioner-General, told reporters in Geneva on Monday.
Study reveals food culture differences between Switzerland and neighbours
This content was published on
Three-quarters of Swiss people consider eating to be a pleasurable, social activity, a new survey reveals. Healthy eating, however, plays a much less important role, it found.
Precious archaeological vases and coins returned to Italian museum
This content was published on
The Italian authorities have recovered over 2,500 precious ancient coins, vases and small sculptures that had been illegally dug up and sold in Switzerland, Eurojust announced on Monday.
PrimeEnergy Cleantech declared bankrupt by Swiss authorities
This content was published on
PrimeEnergy Cleantech has been officially declared bankrupt, the Swiss Official Gazette of Commerce (SOGC) reported on Monday.
This content was published on
The consumption of antibiotics has risen in Switzerland since the Covid-19 pandemic. However, compared to other European countries the Alpine country has one of the lowest levels of antibiotic usage.
Swiss financial watchdog foresees greater uncertainty due to geopolitics
This content was published on
The Swiss financial sector will face greater uncertainty due to the numerous geopolitical conflicts around the world, warns the Swiss Financial Market Supervisory Authority (FINMA).
Swiss museums to mark centenary of death of painter Félix Vallotton
This content was published on
Swiss museums will celebrate the centenary of the death of the artist Félix Vallotton (1865-1925) next year. A major retrospective is planned in Lausanne, his birthplace, in autumn.
Russian mission installs more ‘spy’ antennas in Geneva, Swiss TV report claims
This content was published on
Russian spies are strengthening their presence in Geneva, according to a report by Swiss public television, RTS. Russian officials have placed new satellite dishes on their diplomatic buildings without authorisation.
This content was published on
Switzerland should join NATO, as in the future it cannot rely on its long-standing tradition of neutrality for its defence, John Bolton, Donald Trump's former national security adviser, declared in an interview on Sunday.
This content was published on
A demonstration was held in Geneva on Sunday calling for an immediate end to the war in Ukraine. Around 50 Russians took part in the gathering outside the UN building.
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.