Tetra Pak to exit Russia

 

Lausanne, Switzerland (26 July 2022): Tetra Pak today announced that it will be exiting its remaining operations in Russia. This is due to the cumulative impact of the restrictions on exports to Russia leading to an unsustainable supply chain, as a result of which the company is left with no other option than to exit the country.

This follows the company’s earlier decision to suspend all new investments and projects in Russia, restricting its operations to support customers for essential food items only, in line with its strongly held commitment to the principle of people’s right to access safe food.

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. This marks the end of 62 years of Tetra Pak’s presence in Russia. The company would like to thank its customers and partners for their valuable support, and its employees for their dedication and service throughout these years.

Update: Tetra Pak transferred the ownership of its Russian business in September 2022, to a company that is fully independent of, and with no affiliation to, Tetra Pak.

To enable this change, and as part of a transition period, the company has been supplying limited quantities of non-sanctioned goods. These deliveries have been significantly decreasing during the transition period and account for less than 1% of the company's business in Russia prior to the exit. The transition period is expected to end no later than Q1 2024.

At no time has Tetra Pak supplied sanctioned goods. It has openly declared supplies of non-sanctioned goods to suppliers as part of the normal supply agreements.