Posted 10 марта 2023,, 04:51

Published 10 марта 2023,, 04:51

Modified 10 марта 2023,, 07:50

Updated 10 марта 2023,, 07:50

Swarovski will finally leave the Russian market

Swarovski will finally leave the Russian market

10 марта 2023, 04:51
The final withdrawal of the Austrian jewelry company from Russia will be carried out taking into account sanctions and trade restrictions.

According to the CEO of Swarovski, Alexis Nazard, the company can no longer support activities that have been frozen since March last year. The head of the company did not name the terms of his full departure from the country. However, he indicated that the process would be "organized and conducted in accordance with all applicable laws, including economic sanctions and other trade restrictions."

On March 4 last year, it became known that the Austrian brand had stopped selling its products in Russia. Before that, IKEA and Danish IKEA — Jysk announced that they would not work in Russia.