Industry News, Printers News

Tetra Pak to Exit Russia

Tetra Pak has reached an agreement to divest its Russian business to local management.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Tetra Pak announced that it will be exiting its remaining operations in Russia. This is due to the cumulative impact of the restrictions on exports to Russia leading to an unsustainable supply chain, as a result of which the company is left with no other option than to exit the country. This follows the company’s earlier decision to suspend all new investments and projects in Russia, restricting its operations to support customers for essential food items only, in line with its strongly held ...

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