INSUBCONTINENT EXCLUSIVE:
Interfax news agency reported Monday, citing corporate data.Danone announced its intention to leave Russia after the 2022 invasion of
The Kremlin placed its Russian unit under temporary state management in July 2023, and Ruslan Alisultanov wasnamed its chairman of the
been rebranded to Health - Nutrition (H-N) on Dec
Health - Nutrition, according to the RBC business news website
temporary management of the Federal Agency for State Property Management, where it had been since July 2023
In May, Danone completed the sale of its Essential Dairy and Plant-based business to Vamin R at a loss of 1.2 billion euros ($1.27
billion).The terms of the deal have not been disclosed, but the Financial Times reported that Vamin had agreed to pay 17.7 billion rubles
