French Pernod Ricard Is Ceasing Its Operations in Russia

French Pernod Ricard, one of the largest alcohol producers in the world, has announced its complete withdrawal from the Russian market. This was announced by the company’s press service.

“Pernod Ricard can confirm that it has stopped all exports of its international brands to Russia at the end of April 2023,” the statement said.

In addition, the manufacturer will stop distributing its portfolio in Russia, a process that is anticipated to take some months to complete.