Many companies complain about high prices for electricity and gas because of the war. Those who are further dependent on Russia are hit even harder. H
Rising production costs and energy prices, as well as the withdrawal from Russia, have made Swedish textile giant H
H
Already at the beginning of March - and thus a few days after the Russian invasion of Ukraine - the group announced that it would discontinue its sales operations in Russia until further notice. Now Helmersson explained that the decision to leave this "important and profitable market" had a heavy impact on the results. The company closed a total of 336 stores worldwide, including 175 in Russia and Belarus.
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