2023-11-25 23:42:47
The French cosmetics giant L’Oréal maintains “restricted activity” in Russia, its general director Nicolas Hieronimus told France Inter this Saturday, while a number of foreign companies have left the country since the start of the war in Ukraine.
“We (…) maintained a restricted part of our activity in Russia,” declared Mr. Hieronimus in the program “We don’t stop the eco”, when asked about the fate of the Kaluga factory, in the south from Moscow. This factory, inaugurated in 2010, manufactures shampoos and hair colors, as well as hygiene products and baby products.
These are “the essential everyday products that allow us to keep our factory running a little, to pay salaries and to preserve the safety of our employees in Russia,” continued Nicolas Hieronimus, “and that is what I believe is what makes us allows today, I hope, to avoid seizures or actions that could be taken against our assets and especially against our employees.”
Auchan and Total Energies still present
L’Oréal is not the only French company to have remained in Russia despite the outbreak of war in Ukraine by Russian President Vladimir Putin in February 2022: Auchan and Total Energies are active there, according to a list established by the Yale University.
The global cosmetics giant has so far avoided the fate of its compatriot Danone or the Danish Carslberg, who saw the Russian state take control of assets in the country in mid-July.
L’Oréal announced on March 8, 2022 that it would temporarily close its stores in Russia, but maintain its factory located near Moscow. The company, with a diversity of products ranging from Mixa soap to Yves Saint Laurent perfumes, then had 2,200 Russian employees.
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