US battery maker leaving Russia – media ...News

Economy by : (Russia Today) -
Duracell has reportedly ceased deliveries to the local branch from its plant in Belgium American alkaline battery manufacturer Duracell has decided to exit the Russian market and end its business operations in the country, the news outlet Mash reported on Friday on its Telegram channel, citing a letter from the company to its partners in Russia. According to the report, the decision was made after Duracell’s plant in Belgium stopped deliveries of products to the company’s Russian branch. The company management has reportedly ordered all existing contracts unilaterally terminated, inventory to be sold off, accounts

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