Tetra Pak announced that it will be exiting its remaining operations in Russia. Due to the cumulative impact of the restrictions on exports to Russia leading to an unsustainable supply chain, the company is left with no other option than to exit the country. This marks the end of 62 years of Tetra Pak’s presence in Russia.
The company has also suspended all new investments and projects in Russia and was restricting its operations to support customers for essential food items only.
Tetra Pak has now reached an agreement to divest its Russian business to local management, with the intention of enabling business continuity for its customers, minimizing the impact on employees, and continuing to support consumers’ access to essential food.
Following this transfer of ownership, the new company will operate as an independent entity under a new name and will not be affiliated to Tetra Pak.