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Smirnoff vodka leaving Russia ...News
The UK-based owner of popular alcohol brands says it will wind down all business operations within six months UK-based alcoholic beverage producer Diageo is leaving Russia due to the Western sanctions pressure on Moscow over Ukraine, company representatives told the press on Tuesday. “We made a difficult decision to force a gradual reduction in commercial activity in [Russia],” one representative said, as cited by Interfax news agency. The termination of Russian operations will take six months, the company noted, adding that all Russian employees will be compensated. Diageo is one of the world’s largest alcohol pr
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