EE Impact

iCotton

Latvia · Consumer Goods & Clothing, Manufacturing

LeaveRussia detail: Scaling Back

Scaling back

The largest manufacturer of wet wipes and personal care products in the EU and CIS countries. Full cycle of cotton pads production from purchase of cotton box and packing to final product.

Status last verified 03/08/2026Source checked 28/08/2023Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 28/08/2023 · Reference ↗

iCotton is a producer of hygiene products, which earned EUR 13.6 million from a total turnover of EUR 21.7 million on the Russian market in 2021. The company said it was outraged to be on the list as it is rapidly trying to refocus. “From once 60+%, the remaining proportion of Russia amounted to around 5% and no new supplies will take place from October,” Sergejs Binkovskis, chairman of the company's board of directors, wrote in a response.

Status history since 2022

  1. 03/08/2026 scaling back · Imported from KSE LeaveRussia

Exposure profile

Full exposure profile is a Professional feature

Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

Upgrade to Professional
Statuses, logos and narrative notes are compiled from public reporting and the KSE LeaveRussia project. Found an error? See our corrections policy.