Kesko has decided to discontinue the purchase of Russian products and the export of food products to Russia as a response to the shocking situation in Ukraine.
Kesko withdrew from the Russian grocery and building and home improvement trade markets in 2016-2018. Since then, Kesko’s purchases from Russia have been very minor.
Kesko and its Lithuanian partner together have a joint venture Kesko Senukai, which operates in the Baltic countries and is a part-owner in a Belarussian building and home improvement trade chain. Kesko’s ownership of the Belarussian chain is some 25%. Selections for these companies are decided locally. As a partial owner, Kesko will strive to impact these decisions to the best of its ability.
Further information:
Ari Akseli, President of Kesko’s grocery trade division, tel. +358 105 323 490, ari.akseli@kesko.fi
Jorma Rauhala, President of Kesko’s building and technical trade division, Deputy CEO, tel.
+358 105 322 211, jorma.rauhala@kesko.fi
Jaana Huttunen, Communications Director, Kesko’s grocery trade, tel. +358 50 687 07, jaana.huttunen@kesko.fi
Jessica Diktonius, Communications Director, Kesko’s building and technical trade, tel. +358 40 709 9176, jessica.diktonius@kesko.fi