Russian share in revenue of German companies 2022

Following the Russian invasion of Ukraine that started on February 24, 2022, several German companies decided to continue at least some of their operations in Russia. One of them was Bionorica, the leading manufacturer of herbal medicines. The Russian market accounted for approximately one third of the company's revenue as of March 2022. Furthermore, sales in Russia were estimated to occupy around 14 percent of Globus and Stada's total revenue.

Share of the Russian market in the revenue of selected German companies that continued their operations in Russia after the invasion of Ukraine as of March 2022

Characteristic	Russian market share in total revenue
Bionorica	34%
Globus	14.8%
Stada	14%
Ritter Sport	10%
OBO Bettermann	10%
Claas¹	10%
Metro	9.6%
SMS Group	6%
Henkel²	5%
Bayer³	2%

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Release date

March 2022

More information

Region

Germany

Survey time period

as of March 2022

Supplementary notes

¹ Less than 10 percent.
² Less than 5 percent.
³ Less than 2 percent.

The source specified that some of the companies had reacted to the Russian invasion of Ukraine by limiting their operations in Russia.

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