Atria Plc COMPANY ANNOUCEMENT 7 March 2022, at 4.40 pm
Atria is exiting the fast food business in Russia
Atria divested its industrial subsidiary in Russia in April 2021 and has now also decided to exit the fast food business in Russia. The decision is not financially significant for Atria. The net sales of the fast food company operating in Russia is about 1,5 percent of the Group's total net sales. The fast food business is reported in the Atria Sweden segment.
– Due to the changed geopolitical situation, we do not have any possibilities to continue operations in Russia, says Juha Gröhn, CEO of Atria Plc.
Nasdaq Helsinki Ltd