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Electrolux has decided to exit Russia

Posted on September 2, 2022 By No Comments on Electrolux has decided to exit Russia

STOCKHOLM, Sept. 2, 2022 /PRNewswire/ — As previously communicated Electrolux paused its operations in Russia when the war in Ukraine commenced. Electrolux has now decided to exit Russia and divest the business to local management through a sale of its Russian subsidiary. A capital loss…

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