The profit of foreign manufacturers of household appliances in Russia has halved
The total income of Russian structures of foreign manufacturers of household appliances Bosch, LG and Samsung in Russia almost halved in 2022. This was reported by Kommersant with reference to data from SPARK-Interfax.
Each of the above companies suffered damage of tens of billions of rubles due to sanctions.
So the income of the LG subsidiary by the end of last year, they fell to 55.4 billion rubles against 119 billion in 2021, Bosch — to 19.5 billion rubles (49.7 billion in 2021), Samsung — to 27.4 billion rubles (69.5 in 2021).
All of the mentioned brands have formally ceased their activities or suspended production in Russia to one degree or another. At the same time, branded equipment continues to enter the country as part of parallel imports.