The US company Procter&Gamble has announced its possible withdrawal from the Russian market due to sanctions, financial restrictions, and supply issues, according to company representatives, APA reports citing Reuters.
The influence of the Ukrainian crisis on retail clients, suppliers, and distributors of the corporation will be the main factor in decision-making, P&G said. Prior to Russia’s special military operation in Ukraine business operations in Russia and Ukraine accounted for 1.5-2% of the company’s global profit.