Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Campbell's Leaves Russia
29.06.2011 13:14
Campbell's Leaves Russia

American producer of canned soups Campbell Soup Company, closes its Russian branch. 

      As a result, about 50 employees of company's office in Moscow will lose their jobs. 

      According to Denise Morrison, CEO-elect and Campbell Chief Operating Officer, the results in Russia didn't live up to their expectations. "We believe that opportunities currently under exploration in other emerging markets, notably China, offer stronger prospects for driving profitable growth within an acceptable time frame", said Denise Morrison. 

      In 2007 Campbell's Soup unit have been opened not only in Russia, but in China as well. Chinese Campbell will not stop operating. 

      wsj.com

      lenta.ru


Author: Ksenia Dzhalagonia

Tags: Russian business     

Next Previous


You might also find interesting:

Real Estate Market Innovation Annual Conference Was Held In Sochi
23.02.2017
FSVPS Banned the Supplies Of Brazilian Pork And Beef
11.12.2017
Otkritie Bank and Sberbank Were Named Leading Digital Retail Financial Organizations Of Russia In 2017
30.07.2017
Russian and Chinese Companies Held Talks In Vladivostok
24.10.2017
New Petrochemical Clusters Will be Created In Russia
15.10.2017



comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
TAGS:
Mari El  Yury Kosagovsky  Andrei Rublev Museum of Old Russian Culture and Art  Russian law  Mythical Lands of Russia  Paleontology  Monuments in Irkutsk  Painting  Votkinsk  Pussy Riot  Ukraine crisis  international cooperation  Borovichi  Russian education  Russian Fortresses  Earth Mantle  Russian cities  Giaginskaya  Russian Literature  Lokomotiv Moscow  Samovars  Moscow Metro  Mexico  Primorye  the Urals region  Pyotr Tchaikovsky  Russian tourism  Orthodox Church  Old Moscow  incident  the Altai   Russian business  Novosibirsk  Russian International  fashion designer  VTB Group  Interethnic Journalism  Exhibitions in Moscow  Mercedes-Benz Fashion Week Russia  Russian Cinema  Moscow  Video Exhibitions  Russian space exploration  Russian Researchers  Russian opera singers  Popigai Crater   Archeology  Russian history  Republican Ecological Regional Forest Museum   migrant workers 


Travel Blogs
Top Traveling Sites