Marmalade manufacturer Haribo will suspend supplies to Russia

The company clarified that the suspension of supplies does not mean leaving the Russian market, and pointed to the difficult economic situation,which affected the rise in prices for raw materials and changes in supply chains

The German manufacturer of sweets Haribo has decided to stop deliveries of products to RUSSIA. it is reported by "Fontanka" with reference to the message of the company, distributed among its counterparties. Also, Kommersant writes about the suspension of deliveries with reference to the letter.

“Global leadership has decided to suspend production for the Russian market until further notice,” says the letter, signed by Haribo DIRECTOR Walter Nikolaus.

At the same time, the company emphasized that this circumstance does not mean that the company announces downtime or leaves the market forever.

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They noted that the conflict in Ukraine exacerbated the economic situation in Russia and the world, which led to "a significant increase in prices for raw materials, production costs, major changes in supply chains and an increase in tariffs for the transportation of goods."

“Against the background of the current situation, Haribo, as a family business, must protect the commercial interests of the organization and, therefore, must suspend its activities for some time and determine the path along which business in Russia will go further,” the document says.

RBC sent a request to Haribo (Haribo Candy LLC).

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Haribo is a German confectionery company headquartered in Bonn. The company does not have its own production facilities in Russia, but it is widely known to Russians for its products - Haribo gummy bears and other sweets.

According to SPARK, the revenue of Haribo Candy LLC in 2021 amounted to 2.1 billion rubles, profit - 74 million rubles.

Chocolate maker Lindt suspends exports to Russia Business

After the US, EU, UK, CANADA and other countries imposed sanctions due to the Russian military special operation in Ukraine, many foreign firms decided to suspend their activities in Russia, stop deliveries or investments.

In particular, the Swiss company and the world's largest food manufacturer Nestle previously announced the suspension of sales in Russia of most of its products, including those manufactured under the KitKat, Nesquik and Nespresso brands. Also, the suspension of investments in Russia was announced by the American companies Mars and Mondelez International (manufacturer of Milka chocolate) and other brands.

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