The largest foreign manufacturer of toilet paper left Russia
Swedish company Essity, which produces Zewa toilet paper, Libresse pads and Libero diapers, has sold its Russian business. The buyer was Igor Shilov’s New Technologies, the transaction value amounted to 1.2 billion Swedish kronor ($117 million). “From the very beginning of Russia’s war against Ukraine, we have been completely focused on leaving Russia. Today we have completed the sale of our business after a long and difficult process.” declared Essity