Smurfit Kappa to exit the Russian market

Published by
Simon Matthis - 4 Apr, 2022

Smurfit Kappa Group announces that it has decided to exit the Russian market. The Group has already suspended support for its Russian operations including any imports and exports and any short or long term funding. This exit will be effected in an orderly manner, during which the company will continue to pay the employees and fulfil our legal obligations.

The Group’s Russian business represents less than 1% of forecasted sales.