Swarovski Fully Exits Russian Business

The Austrian company Swarovski has completely finalized its exit from the Russian market. This was reported by the Austrian Press agency, citing the company's CEO, Alexis Nazardin.

According to him, the withdrawal from Russia has been entirely completed this year.

It is worth noting that Swarovski, known for its crystal jewelry, temporarily closed its stores in Russia and ceased online sales of its products in March 2022.

Previously, it was reported that Tchibo GmbH, the world’s fourth-largest coffee producer, has also left Russia.