Which brands belong to Henkel:
Bref, Brillance Ceresit, Clin Gliss, Loctite, Losk, Pattex, Palette, Persil, Perwoll, Schauma, Silan, Somat, Taft, Technomelt, shampoos and shower gels Schwarzkopf, Syoss and Fa, washing powder "Laska", glue "Moment "
What Henkel makes:
Cleaning and detergents, cosmetics, personal hygiene products, gluing technology.
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Has Henkel left the Russian market? March 16, 2022 - economic truth:
"Concerns for the production of medicines, household chemicals and food additives are also in no hurry to leave the Russian market. We are talking about German companies Bayer, Basf and Henkel.
Henkel intends refuse from investments and sponsorship contracts, but will continue to operate and supply goods.
For all these companies, the Russian market is not strategic and accounts for only a few percent of total revenue.
These three producers alone pay about $ 600 million in taxes annually to the occupying country's budget. ”
Source
April 19, 2022 - meduza:
On the 55th day of the war in Ukraine, the manufacturer of household chemicals Henkel announced that it would leave Russia. The company said in a statement that Henkel would work with the Russian team to prepare the details of the process. 2.5 thousand employees in Russia will continue to work and receive a salary.
Henkel's most well-known brands include Schwarzkopf, Syoss and Fa shampoos and shower gels, Persil, Bref and Pril cleansers, Laska detergent and Moment glue.
Source
July 19, 2022 - Yale School of Management (henkel):
A bit of background to the fact check source:
“We have a team of experts with experience in financial analysis, economics, accounting, strategy, management, geopolitics and Eurasian affairs, fluent in ten languages, including Russian, Ukrainian, German, French, Italian, Spanish, Chinese, Hindi, Polish and in English, collecting this unique set of data from open sources such as government regulatory documents, tax documents, company reports, financial analysts' reports, Bloomberg, FactSet, MSCI, S&P Capital IQ, Thomson Reuters and business media from 166 countries; as well as non-public sources, including a global wiki-style network with more than 250 company insiders, informants and management contacts. ”
Company status according to the analysis: in process of exiting business in Russia
Source
March 07, 2023 - ecom Pravda:
Henkel expects to exit the Russian Federation by the end of March:
"The German company promised to stop operations in Russia by the end of the first quarter. This is stated in the company's report for 2022. In 2021, Henkel's sales volume in the Russian Federation amounted to about 1 billion euros - this is almost 5% of the company's total figure. Henkel has already written off 200 million euros of losses in Russia - in the company's reports, operations in the Russian Federation are estimated at approximately 500 million euros."
April 20, 2023 - kse institute:
Nenkel agreed to sell business in Russia to local investors for 54 billion rubles:
"The consortium buying Henkel's business in Russia includes Augment Investments, Kismet Capital Group and Elbrus Services. All buyers have established long-term business relationships in Western countries and are not subject to EU or US sanctions. The agreed purchase price is 54 billion rubles, which corresponds to about 600 million euros. The relevant Russian authorities have already approved the transaction. 04.2023: The entry about the founder of HENKEL AG & CO was deleted. KGAALID HOLDING LIMITED and LEAD HOLDING LIMITED become new founders of local organizations. The division of the owner of the Persil brand in Russia will begin to operate as an independent company under a new name.”
Source
August 19, 2024 - Yale School of Management (henkel):
A bit of background to the fact check source:
“We have a team of experts with experience in financial analysis, economics, accounting, strategy, management, geopolitics and Eurasian affairs, fluent in ten languages, including Russian, Ukrainian, German, French, Italian, Spanish, Chinese, Hindi, Polish and in English, collecting this unique set of data from open sources such as government regulatory documents, tax documents, company reports, financial analysts' reports, Bloomberg, FactSet, MSCI, S&P Capital IQ, Thomson Reuters and business media from 166 countries; as well as non-public sources, including a global wiki-style network with more than 250 company insiders, informants and management contacts. ”
Company status according to the analysis: exit business activities in Russia
Source
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Brands: Bref, Brillance Ceresit, Clin Gliss, Loctite, Losk, Pattex, Palette, Persil, Perwoll, Schauma, Silan, Somat, Taft, Technomelt, shampoos and shower gels Schwarzkopf, Syoss and Fa, washing powder "Laska", glue "Moment"
and then