Speed warning on a section of the Third Transport Ring in Moscow. File photoWASHINGTON, Mar 8 Procter & Gamble will not continue capital investments in the Russian Federation and suspend advertising activity, the number of products available on the market will be reduced due to the situation in Ukraine, the organization said in a statement.
"We will not continue with new investments in Russia and are suspending our promotional, media and advertising activities. We are significantly reducing our portfolio to focus on basic health, hygiene and personal care products, which are needed by many Russian families who depend on them for their daily lives"Work to reduce the company's activity in Russia will continue, the statement said. According to a published letter from the head of the company to employees, P&G will continue to support Russian employees «who have experienced trials and uncertainty about their own future.» «P&G will continue to support them: but the situation is making necessary and important changes that need to be made now,» the letter says. for shaving, shampoos and washing powders, in particular, Pampers, Always, Tampax, Braun, Gillette, Pantene, Head & Shoulders, Old Spice, Tide, Ariel. Russia launched a military operation in Ukraine on February 24th. President Vladimir Putin called its goal «the protection of people who have been subjected to bullying and genocide by the Kiev regime for eight years.» For this, according to him, it is planned to carry out «demilitarization and denazification of Ukraine», to bring to justice all war criminals responsible for «bloody crimes against civilians» in Donbass. .jpg» />IBM suspended activities in RussiaAccording to the Russian Ministry of Defense, the Armed Forces strike only at military infrastructure and Ukrainian troops, nothing threatens the civilian population. With the support of the Armed Forces of the Russian Federation, the DPR and LPR groups are developing an offensive. But there is no question of the occupation of Ukraine, the President of Russia emphasized. In response, Western countries began to introduce new anti-Russian sanctions. As the press secretary of the President of the Russian Federation Dmitry Peskov said, the Western sanctions are very serious, Russia was preparing for them in advance. He added that they require analysis and coordination of departments in order to develop response measures that meet the interests of the Russian Federation. Western companies that refuse to work with Russia did so under enormous pressure, but Russia will solve all the problems with the economy that the West creates for it, Russian Foreign Minister Sergei Lavrov said earlier.
Fitch rating agency has suspended operations in Russia