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Procter & Gamble recommits to Russia

May 24, 2018 5:37 AM ETThe Procter & Gamble Company (PG) StockPGBy: Yoel Minkoff, SA News Editor25 Comments
  • Reaffirming its commitment to the market, Procter & Gamble (NYSE:PG) will keep investing in Russian plants in 2018 and beyond, calling it "in the interest of both the U.S. and Russia to continue having good business relationships going forward."
  • Russia's lower house of parliament this week approved a bill that would give the government authority to ban trade in certain items deemed unfriendly to Moscow, in response to a new round of U.S. sanctions.

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