Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue October 2015
 •  Gallagher To Retire From Croda  •  China: The Hidden Dragon of Pro Skin Care Market  •  Wen Expands With Body Care  •  Palettes Big at Cle de Peau  •  Galderma Rolls Out Therapeutic Skin Care Line

Cussons To Downsize in Russia

Published December 9, 2005
Related Searches: cleaning household november products
Post a comment
RUSSIA: Household cleaning products manufacturer PZ Cussons will reduce operations in Russia and concentrate on Poland. The fall of the ruble against Polish currency made distribution difficult for the company. First half losses in Russia came to more than $5 million The company is also selling its Chinese unit, which has been losing money for several years. The Russian losses led to a 4% drop in overall first half profits. Pretax profit was almost $47.5 million for the six months to November 30,2004 compared to more than $49 million in the previous year’s first half.

blog comments powered by Disqus