Chinese home appliance manufacturer Haier plans to liquidate the Russian Candy home appliance factory in Kirov. According to Kommersant, citing a source close to Candy’s Russian representation, this decision was made because production volumes decreased by more than half.
“Haier Group’s parent body has decided to liquidate Kandy SNG LLC.” “The production of sugar household appliances has been stopped in Kirov,” he said.
According to the source, before the start of the Russian Federation’s special military operation in Ukraine, the facility produced about one million units of household appliances annually, but currently production is limited to 400 thousand.
The plant was planned to produce household appliances for European countries, but after the sanctions imposed on Russia, production volumes decreased. During the liquidation, some employees will be laid off, while others will be transferred to Haier.
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