Oriflame says it has no intention of leaving, while Storytel lifts suspension of operations in Russia

Oriflame says it has no intention of leaving, while Storytel lifts suspension of operations in Russia

THIS MESSAGE (MATERIAL) IS CREATED AND (OR) DISTRIBUTED BY A FOREIGN MASS MEDIA PERFORMING THE FUNCTIONS OF A FOREIGN AGENT AND (OR) A RUSSIAN LEGAL ENTITY PERFORMING THE FUNCTIONS OF A FOREIGN AGENT.

The Swedish cosmetics company Oriflame will not leave the Russian market. It is reported by “Kommersant”.

As the company explained, in this way they will support their employees, whose only source of income is the sale of Oriflame brand cosmetics. There is a plant on the territory of Russia, where about a thousand employees work, and another million consultants sell the company’s goods.

According to TASS, last year the Russian market accounted for 16% of Oriflame’s sales worth more than 1 billion euros.

Meanwhile, audiobook streaming service Storytel has lifted its suspension in Russia. “Important information for our subscribers: the application is working and the subscription can be renewed. You need to listen to the end of the paid period and re-subscribe through our website if the subscription was previously issued through the AppStore or PlayMarket. Next, change the payment method in the AppStore / PlayMarket settings to pay from your mobile phone account, ”the company’s representative office in Russia said in a statement.

Recall that earlier, in response to Russia’s actions on the territory of Ukraine, the EU countries and the United States imposed a number of sanctions, and foreign companies began to leave the Russian market one after another.

Source: Rosbalt

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