Huhtamaki Divests its Russian Assets

摘要

Huhtamaki has sold its operations in Russia to Espetina Ltd.Espetina is a holding company owned by Alexander Govor and lury Kushnerov.The transaction includes four manufacturing units in Russia,employing 724 people.On April 14,2022,Huhtamaki announced its intention to divest its operations in Russia.This followed an earlier decision to stop all investments in Russia at the outbreak of the invasion of Ukraine.