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Russia

Viciunai’s Russian arm made €12.8m in 2023 as search for buyer continues

Despite earlier pledges to divest its Russian business, Viciunai has yet to follow through, even amidst the escalating conflict in Ukraine

By Undercurrent News | April 5, 2024 10:11 BST
Viciunai at SEG 2022. Credit: Neil Ramsden, UCN
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Lithuanian seafood processor Vicinuai Group's Russian division, Viciunai-Rus, saw turnover surpass €183 million ($198.3m) in 2023, with profits reaching €12.8m, reports Lithuania's public broadcaster LRT.  [...]

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