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H&M launched the liquidation process of a Russian company – media

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The liquidation issue was approved on June 17, 2024, Russian publication Vedomosti said.

The main legal entity of Swedish retailer H&M in Russia – LLC H&M – has launched a process of liquidating the company. This was reported by the Russian publication Vedomosti.

The company is currently in liquidation. The liquidation issue was approved on June 17, 2024.

Let’s remember that H&M announced in July 2022 that it is stopping its business in Russia and, thus, joins the list of companies that will completely leave the aggressor country.

H&M stores continued to operate in Ukraine
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Source: korrespondent

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