Henkel says a full withdrawal from Russia could have ‘far-fetching’ consequences

By Becky Bargh 11-Apr-2022

Personal care giant defended its decision to continue operating in Russia, in spite of the war in Ukraine, to protect its employees in the region

Henkel operates 11 production sites in Russia

Henkel operates 11 production sites in Russia

Henkel – the German personal care giant – has defended its decision to continue operating in Russia, as a full withdrawal could have “far-fetching” consequences.

In a statement to Cosmetics Business, the Schwarzkopf owner said that it employed 2,500 staff in Russia, some of whom have been working for Henkel for decades.

Sign up for your free email newsletter

“We also feel responsible for them,” the group said.

...

This is a small extract of the full article which is available ONLY to premium content subscribers. Subscribers sign-in (top right) to read the article.
Or
Subscribe now to premium content on Cosmetics Business

Companies