19 Apr 2022 --- Huhtamaki is initiating a complete divestment from all its operations in Russia after almost two months of war in Ukraine. The Finnish packaging giant says it has reached this decision after determining “the long-term outlook in Russia will prevent the realization of its growth strategy and long-term ambitions.” Most Western packaging companies have already ended their business dealings in Russia, citing humanitarian concerns and opposition to the war. Stora Enso, UPM and forestry standards organizations voiced support for international sanctions, calling the invasion “unacceptable.”
