Industry News, Printers News

Huhtamaki to Initiate Process to Divest its Russian Operations

Huhtamaki considers that the current situation and long-term outlook in Russia will prevent the re-alization of its growth strategy.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Huhtamaki has decided to initiate the process to divest its operations in Russia. This follows an earlier decision to stop all investments in Russia at the outbreak of the invasion of Ukraine. Huhtamaki considers that the current evolution of the situation and the long-term outlook in Russia will prevent the realization of its growth strategy and long-term ambitions in the country. Huhtamaki will continue to prioritize investments that capture the significant growth opportunities in the rest ...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters