Fiskars Group ceases operations in Russia
Fiskars CorporationPress releaseMarch 7, 2022 at 12:00 (EET) Fiskars Group ceases operations in RussiaFiskars Group has decided to withdraw completely from the Russian market. The company has operated locally mainly through its Fiskars brand and has employed approximately 70 people in Moscow and in the St. Petersburg area. The net sales of the Russian business in 2021 was approximately 1% of the global net sales of the company. The exit from the Russian market will not have a significant impact on the company’s financial standing or the 2022 results.“In this situation, with