Ritter Sport
LeaveRussia detail: Continue Operations
Ritter Sport is a German brand of chocolate. Manufactured by Alfred Ritter GmbH & Co.
Business in Russia
Still operating in Russia with increasing revenue volumes in 2022 vs 2021.
Decision trail
Decision date 30/05/2024 · Reference ↗
Promised to halt new investments and advertising. The medium size German company put out a statement on Twitter over a year ago, explaining that Russia is the second largest market for the company after Germany, and committing all profits to humanitarian aid organizations: "to secure jobs and the livelihoods of many cocoa farming families we continue to supply chocolate to the Russian population". Caring for the cocoa farmers is commendable. Does it justify 91% increase year-to-year after the invasion? A year starting March 1, 2022 saw an increase to 79 million USD from 41.4 million USD the previous year. The CEO of chocolate manufacturer Ritter Sport - Alfred Ritter - Andreas Ronken said that he considers the right decision to refuse to leave the Russian market after the outbreak of hostilities in Ukraine.
Local stats (LeaveRussia)
Status history since 2022
- 03/08/2026 — operating · Imported from KSE LeaveRussia
Exposure profile
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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.
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