German Consumer Goods Giant To Continue Business in Russia
By sweN TR
German chemical and consumer goods giant Henkel will continue doing business in Russia, according to the company’s Chairperson Simone Bagel-Trah.
The top manager told shareholders Monday that the decision ‘doesn’t violate EU sanctions,’ Henkel employs 2,500 people across Russia.
Bagel-Trah said Henkel’s management would follow current geopolitical developments very closely and take further measures if necessary.